Radar · InsurTech in Bengaluru
Best InsurTech Companies in Bengaluru, India
The 82 best InsurTech companies in Bengaluru, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: ACKO.
By Riya SenguptaFinancials
82companies tracked
$2.5Bdisclosed funding
5unicorns
41have raised
FLIAR INTELLIGENCE · INSURTECH × BENGALURU
Our analysis of 50 InsurTech companies
$13.8b in tracked funding; 100% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
50companies analysed
100%cloud-native stacks
2025funding peak (by rounds)
9unicorns
2018median founding year
2Mcombined LinkedIn audience
55%of audience held by top 3
9companies hiring publicly (12 mo)
Ranked: Best InsurTech companies in Bengaluru
| # | Company | Revenue | Disclosed funding | Last round | Employees | Founded | Founder | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Digit Insurance 🦄 Provider of general and life insurance products across various categories | $1.5B FY2025 | $467M | 49 mo ago | 805 | 2016 | Kamesh Goyal Founder & Chairman | 1 partnership · 3 awards |
| 2 | ACKO 🦄 Provider of car, bike, health, life, and travel insurance policies 89News top 14%Customers top 14%Funding top 17%Moat top 17% All 12 signals ▾Newstop 14% Customerstop 14% Fundingtop 17% Moattop 17% Markettop 19% Talenttop 20% Techtop 21% Innovationtop 35% Growthtop 35% Fin. healthtop 39% Producttop 43% Globalbottom 39% News: 14 BI events in 12 mo (of 120 tracked, 14 types) · +75% YoY Customers: Play-Store rating 4.55★ across 379,636 ratings (1 apps) · Review volume +18% in 6 mo rank vs industry peers · Fliar Intelligence Index 89/100 | $342M FY2025 | $598M | 10 mo ago | 1,209 1,209 → 1,750 (+45%) · sector median +10% | 2016 | Ruchi Deepak Co-Founder | — |
| 3 | Navi 🦄 Provider of financial products including UPI, loans, insurance, and mutual funds 78Customers top 10%Moat top 17%Innovation top 20%Market top 21% All 12 signals ▾Customerstop 10% Moattop 17% Innovationtop 20% Markettop 21% Fundingtop 21% Techtop 29% Producttop 37% Talenttop 38% Newstop 45% Fin. healthbottom 49% Growthbottom 40% Globalbottom 32% Customers: Play-Store rating 4.47★ across 5,633,904 ratings (1 apps) · Marquee-customer mentions: top 17% of tracked companies Moat: Top 1% by revenue among 743 tracked Payments companies · Editorial + unicorn rating 8/10 rank vs industry peers · Fliar Intelligence Index 78/100 | $318M FY2025 | $427M | 10 mo ago | 698 | 2012 | Ankit Agarwal Co-Founder & CFO | 1 job opening · 2 awards |
| 4 | Perfios 🦄 Provider of AI-driven platform for financial analysis, verification, and decisioning 87Moat top 16%Fin. health top 20%Funding top 23%Talent top 23% All 10 signals ▾Moattop 16% Fin. healthtop 20% Fundingtop 23% Talenttop 23% Markettop 25% Producttop 36% Techtop 44% Growthtop 45% AItop 45% Globalbottom 48% Moat: Top 1% by revenue among 105 tracked Insurance IT companies · Unicorn Fin. health: Revenue ~$83.8M (FY2018) · Net margin 15.6% rank vs industry peers · Fliar Intelligence Index 87/100 | $84M FY2025 | $270M | 13 mo ago | — | 2008 | Debasish Chakraborty Co-Founder | 1 job opening |
| 5 | Candela Labs Automation solutions for insurers and banks | $50M FY2025 | $97K | 110 mo ago | 83 | 1996 | — | — |
| 6 | Perfios 🦄 Real-time credit-decisioning platform and data aggregation APIs 84Market top 10%Moat top 11%Talent top 17%Funding top 26% All 11 signals ▾Markettop 10% Moattop 11% Talenttop 17% Fundingtop 26% Innovationtop 29% Globaltop 29% Producttop 29% Newstop 44% Growthtop 49% Fin. healthbottom 49% Techbottom 33% Market: 1,063 employees (top 2% of Investment Tech) · Revenue ~$30.5M Moat: Top 6% by revenue among 363 tracked Banking Tech companies · Editorial + unicorn rating 9/10 rank vs industry peers · Fliar Intelligence Index 84/100 | $30M FY2023 | $450M | 27 mo ago | 1,063 | 2008 | Velamur Rangachari Govindarajan Co-Founder & Executive Chairman | — |
| 7 | OnSurity Provider of a monthly subscription-based employee healthcare platform offering group health benefits 57Moat top 24%Tech top 26%Funding top 30%Market top 37% All 10 signals ▾Moattop 24% Techtop 26% Fundingtop 30% Markettop 37% Talenttop 38% Producttop 46% Fin. healthbottom 44% Growthbottom 41% Globalbottom 37% Newsbottom 24% Moat: Top 3% by revenue among 1371 tracked HRTech companies · Editorial + unicorn rating 7/10 Tech: 51 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 rank vs industry peers · Fliar Intelligence Index 57/100 | $20M FY2025 | $88M | 21 mo ago | 216 216 → 419 (+94%) · sector median +10% | 2020 | Yogesh Agarwal Co-Founder & CEO | — |
| 8 | Ditto Insurance Provider of advisory services for health and term life insurance | $11M FY2025 | $483K | 60 mo ago | 606 606 → 1,409 (+133%) · sector median +10% | 2018 | Pawan Rai Co-Founder | — |
| 9 | Plum Provider of employee health benefits and insurance plans for businesses 69Tech top 19%Growth top 30%Moat top 30%Funding top 35% All 9 signals ▾Techtop 19% Growthtop 30% Moattop 30% Fundingtop 35% Talenttop 38% Markettop 44% Producttop 46% Fin. healthbottom 49% Globalbottom 39% Tech: 62 technologies across 6/8 capability areas · Cloud: Cloudflare, Vercel Growth: Headcount 271 → 297 (+10%) across vintages · Revenue +54% YoY rank vs industry peers · Fliar Intelligence Index 69/100 | $8M FY2025 | $21M | 3 mo ago | 297 | 2019 | Saurabh Arora Co-Founder & CTO | 1 launch · 1 award |
| 10 | iNube Software solutions provider for multiple verticals | $5M FY2025 | $595K | 157 mo ago | 288 288 → 430 (+49%) · sector median +10% | 2010 | Ramprasad Sanjeevi Co-Founder & Director | 2 launchs |
| 11 | Welnext An online marketplace of healthcare services | $4M FY2025 | $70K | 77 mo ago | 260 260 → 203 (-22%) · sector median +10% | 2017 | Jatin Doultani Founder & CEO & Managing Director | 1 award |
| 12 | Talisma Software for customer relationship management | $4M FY2025 | $66M | 277 mo ago | 375 | 1999 | Pradeep Singh Founder & CEO | 1 job opening · 1 partnership |
| 13 | ABI Health Provider of AI-driven solutions for healthcare operations 69Moat top 28%Growth top 30%Fin. health top 36%Funding top 39% All 10 signals ▾Moattop 28% Growthtop 30% Fin. healthtop 36% Fundingtop 39% Techtop 42% Markettop 45% AItop 45% Talentbottom 49% Globalbottom 39% Newsbottom 27% Moat: Top 15% by revenue among 105 tracked Insurance IT companies · Editorial + unicorn rating 7/10 Growth: Headcount 22 → 69 (+214%) across vintages · Revenue +22% YoY rank vs industry peers · Fliar Intelligence Index 69/100 | $3M FY2025 | $16M | 31 mo ago | 69 69 → 155 (+125%) · sector median +10% | 2013 | Ajit Veerppan Founder & CEO & Managing Director | — |
| 14 | Even Provider of health insurance plans with outpatient and hospitalization coverage 72Growth top 22%Talent top 28%Moat top 30%Tech top 31% All 9 signals ▾Growthtop 22% Talenttop 28% Moattop 30% Techtop 31% Fundingtop 36% Markettop 46% Productbottom 48% Fin. healthbottom 47% Globalbottom 39% Growth: Revenue +226% YoY · Web rank 1,000,000 → 5,000,000 YoY Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 72/100 | $3M FY2025 | $50M | 14 mo ago | 279 279 → 686 (+146%) · sector median +10% | 2020 | Alessandro Ialongo Co-Founder | — |
| 15 | Bimaplan Platform enabling multiple insurance policies | $3M FY2025 | $6M | 32 mo ago | 49 49 → 34 (-31%) · sector median +10% | 2020 | Vikul Goyal Founder & CEO | 1 job opening |
| 16 | Finvolv Provider of a low-code embedded finance platform for financial services firms | $2M FY2025 | $6M | 49 mo ago | 80 | 2006 | Anand Kuliza Co-Founder & CEO | — |
| 17 | Pazcare Provider of employee benefits management platform for companies 50Moat top 28%Tech top 32%Talent top 38%Funding top 41% All 10 signals ▾Moattop 28% Techtop 32% Talenttop 38% Fundingtop 41% Growthtop 47% Markettop 49% Productbottom 48% Globalbottom 37% Fin. healthbottom 36% Newsbottom 18% Moat: Top 14% by revenue among 1371 tracked HRTech companies · Editorial + unicorn rating 7/10 Tech: 43 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 rank vs industry peers · Fliar Intelligence Index 50/100 | $2M FY2025 | $12M | 1 mo ago | 167 167 → 283 (+69%) · sector median +10% | 2020 | Manish Mishra Co-Founder | — |
| 18 | Remedinet Technologies Provider of healthcare payer-provider network solutions | $2M FY2025 | $4M | 106 mo ago | 197 197 → 187 (-5%) · sector median +10% | 2006 | Brahmesh Jain Co-Founder | — |
| 19 | Gradatim SaaS based insurance and banking solutions for businesses | $1M FY2025 | $4M | 25 mo ago | 95 95 → 81 (-15%) · sector median +10% | 2006 | C Prakash Founder & CEO | — |
| 20 | Insuremile App-based comparison platform for auto insurance | $934K FY2025 | $350K | 56 mo ago | 55 | 2016 | Mallesh Reddy CEO | — |
| 21 | Nova Benefits Online employee health benefits platform for businesses | $924K FY2025 | $11M | 49 mo ago | 173 173 → 115 (-34%) · sector median +10% | 2020 | Yash Gupta Co-Founder | 2 job openings |
| 22 | Artivatic AI-based software suite for financial institutions | $740K FY2025 | $825K | 44 mo ago | 134 134 → 76 (-43%) · sector median +10% | 2017 | — | — |
| 23 | Aspire Cloud-based platform for employee health and business insurance | $740K FY2025 | — | — | 143 | 2021 | Puneet Tandon Co-Founder | — |
| 24 | Ausis.ai AI-based risk management platform for the insurance industry | $740K FY2025 | — | — | 143 | 2021 | — | — |
| 25 | Finsall Provider of financing solutions for insurance premiums through monthly installments 53Growth top 18%Talent top 35%Moat top 43%Funding top 45% All 10 signals ▾Growthtop 18% Talenttop 35% Moattop 43% Fundingtop 45% Fin. healthbottom 43% Productbottom 40% Marketbottom 37% Globalbottom 36% Techbottom 30% Newsbottom 22% Growth: Headcount 35 → 49 (+40%) across vintages · Revenue +108% YoY Talent: 4 named leaders on record rank vs industry peers · Fliar Intelligence Index 53/100 | $703K FY2025 | $4M | 1 mo ago | 49 49 → 76 (+55%) · sector median +10% | 2018 | Promod Khanna Co-Founder & Director | 1 launch |
| 26 | MedPiper Offers streamlined health check programs, precision health data, and digital workflows to enhance patient… | $673K FY2024 | $150K | 35 mo ago | 37 | 2020 | Pranay Suyash Co-Founder | — |
| 27 | BimaKavach Online platform for liability insurance for businesses | $578K FY2025 | $2M | 10 mo ago | 22 | 2021 | Tejas Jain Founder & CEO | — |
| 28 | OneAssure Provider of an app-based insurance agency management solutions for the insurance industry | $437K FY2025 | $1M | 38 mo ago | 18 | 2019 | Ruchir Kanakia Co-Founder & CEO | — |
| 29 | Mitigata Provider of cyber insurance products and digital security monitoring services 64Growth top 15%Talent top 28%Fin. health top 31%News top 37% All 9 signals ▾Growthtop 15% Talenttop 28% Fin. healthtop 31% Newstop 37% Fundingtop 44% Techtop 47% Moattop 47% Globalbottom 37% Marketbottom 33% Growth: Revenue +1063% YoY · Web rank 10,000,000 → 5,000,000 YoY Talent: 4 named leaders on record · 4 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 64/100 | $413K FY2025 | $880K | 11 mo ago | 24 | 2021 | Sarthak Dubey Co-Founder & COO | 5 job openings |
| 30 | Medi Assist Provider of benefits administration, international private medical insurance, and self-funded plans | $393K FY2025 | $29M | 112 mo ago | 51 | 2002 | Satish Gidugu CEO | — |
| 31 | ENSUREDIT Provider of insurance technology solutions for digital distribution and analytics | $369K FY2025 | $5M | 52 mo ago | 51 51 → 48 (-6%) · sector median +10% | 2019 | Rohit Sadhu Co-Founder & Coo | — |
| 32 | BerryBox Benefits Provider of a DIY insurance management portal for enterprises and individuals | $345K FY2025 | $662K | 18 mo ago | — | 2022 | Praveen Das Co-Founder & CBO | — |
| 33 | MyDentalPlan Network of dental professionals providing plans, treatments, and oral healthcare | $220K FY2025 | $700K | 62 mo ago | 20 20 → 22 (+10%) · sector median +10% | 2015 | Mohender Narula Co-Founder | — |
| 34 | Healspan Platform offering insurance policy and claims management services | $164K FY2025 | $372K | 17 mo ago | 41 41 → 36 (-12%) · sector median +10% | 2022 | Jayasaravanan Alagusundaram Co-Founder | — |
| 35 | Loktra Cloud-based sales platform for financial institutions | $153K FY2020 | $66K | 93 mo ago | 12 | 2016 | — | — |
| 36 | Wisedrive Technologies Inspection service and warranty solutions for used cars | $50K FY2022 | $1M | 47 mo ago | 14 | 2021 | Pratibha Shalini Yellayi Co-Founder | — |
| 37 | Fedo AI-based health risks prediction and body vitals monitoring platform | $22K FY2025 | $1M | 67 mo ago | 24 | 2018 | Prasanth Madavana Co-Founder & CEO | — |
| 38 | EnrichVideo Provider of personalized video engagement platforms for banks and wealth management firms | $17K FY2025 | $600K | 8 mo ago | — | 2015 | Chandu Sohoni Co-Founder & CEO | — |
| 39 | Covrzy Provider of business insurance for various industries | $14K FY2025 | $386K | 37 mo ago | 2 | 2022 | Veera Thota Co-Founder & CTO | — |
| 40 | Basis Online platform offering financial services for women | $5K FY2024 | — | — | 24 | 2019 | Dipika Jaikishan Co-Founder | — |
| 41 | GoPlannr Advisor assisted platform | $4K FY2019 | $290K | 87 mo ago | — | 2017 | Ruchir Kanakia Co-Founder | — |
| 42 | SureClaim Online claim preparation & claim assistance platform | $2K FY2025 | $633K | 87 mo ago | 2 | 2017 | Anuj Jindal Co-Founder & CEO | — |
| 43 | GIGI Benefits Insurance benefits management solution for employers | $280 FY2024 | $150K | 75 mo ago | — | 2019 | Sowmya Rao Founder | — |
| 44 | WealthStatus App-based insurance claims platform | $52 FY2021 | $15K | 82 mo ago | — | 2018 | Ashok Rawat Co-Founder | — |
| 45 | iTrans Technologies Provider of OBD device, app, development platform, and analytics engine for connected cars | — | $279K | 160 mo ago | — | 2009 | Ram Honnavalli Co-Founder & COO | — |
Top 12 InsurTech companies in Bengaluru
#1
ACKO 🦄Series E · Bengaluru, Karnataka · founded 2016 · 1209 employees$597.7Mraised▾
ACKO 🦄
Series E · Bengaluru, Karnataka · founded 2016 · 1209 employees
Provider of car, bike, health, life, and travel insurance policies. It offers various insurance options, including motor, health, life, and travel coverage. The company provides services such as policy renewals, claims filing, and tracking. Additional offerings include car services, used car sales, and facilitating ABHA card creation.
Fliar Intelligence Index™ 89how this company ranks against its industry peers
News
top 14%Customers
top 14%Funding
top 17%Moat
top 17%Market
top 19%Talent
top 20%News: 14 BI events in 12 mo (of 120 tracked, 14 types) · +75% YoY · 4 high-value events (IPO/M&A/funding/contracts) in 12 mo
Customers: Play-Store rating 4.55★ across 379,636 ratings (1 apps) · Review volume +18% in 6 mo · Marquee-customer mentions: top 6% of tracked companies
Funding: Raised $598M across 10 rounds · 10 rounds over 10 yrs (1.0/yr) · Last round Series E (Jul 2025)
Audience (LinkedIn): 160k LinkedIn followers — 8.1% of this cohort's audience
Funding rounds
- Jul 2025Series E—
- May 2023Series E$136.8M
- Oct 2021Series D$255M
- Mar 2021Series D$2.3M
Founders & team
Investors
Munich Re Ventures, Intact Ventures, Amazon, RPS Ventures, Ventureast, RA Trust
Tech stack
Apple Icloud MailBootstrapCloudflareCloudflare Bot ManagementCloudflare Browser InsightsContentful
#2
Navi 🦄Series B · Bengaluru, Karnataka · founded 2012 · 698 employees$427.3Mraised▾
Navi 🦄
Series B · Bengaluru, Karnataka · founded 2012 · 698 employees
Provider of financial products including UPI, loans, insurance, and mutual funds. The company facilitates payments, investments, and access to credit and coverage options. It offers tools for managing finances and planning investments. The platform provides options for individuals seeking loans, insurance coverage, and investment opportunities. It aims to simplify financial processes through its application.
Fliar Intelligence Index™ 78how this company ranks against its industry peers
Customers
top 10%Moat
top 17%Innovation
top 20%Market
top 21%Funding
top 21%Tech
top 29%Customers: Play-Store rating 4.47★ across 5,633,904 ratings (1 apps) · Marquee-customer mentions: top 17% of tracked companies
Moat: Top 1% by revenue among 743 tracked Payments companies · Editorial + unicorn rating 8/10 · Unicorn
Innovation: 6 new-product events in 24 mo · Deep-tech classification: Blockchain
Audience (LinkedIn): 736k LinkedIn followers — 37.3% of this cohort's audience
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: data teams
Activity (LinkedIn): 2 awards announced in 12 mo
Funding rounds
- Jul 2025Conventional Debt$20M
- May 2024Convertible Debt$18M
- Nov 2020Angel$33.9K
- Apr 2020Series B$26.9M
Founders & team
Investors
Gaja Capital, PhillipCapital, NDX Financial Services, Arpee Group, Ambit, Grey Grass India
Tech stack
Amazon S3Amazon SesAmazon Web ServicesCloudflareCore-JsEmotion
#3
Series B · Bengaluru, Karnataka · founded 2019 · 297 employees$20.7Mraised▾
Series B · Bengaluru, Karnataka · founded 2019 · 297 employees
Provider of employee health benefits and insurance plans for businesses. The company offers group health, term life, and personal accident insurance. Healthcare options include care programs, telehealth, health checkups, and mental health support. Business insurance includes directors and officers, errors and omissions, and cyber coverage. The company provides benefits management, claims analytics, and budgeting features.
Fliar Intelligence Index™ 69how this company ranks against its industry peers
Tech
top 19%Growth
top 30%Moat
top 30%Funding
top 35%Talent
top 38%Market
top 44%Tech: 62 technologies across 6/8 capability areas · Cloud: Cloudflare, Vercel · Devops: Nginx
Growth: Headcount 271 → 297 (+10%) across vintages · Revenue +54% YoY · Fresh capital in last 24 mo
Moat: Top 20% by revenue among 10 tracked Employer Insurance companies · Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Audience (LinkedIn): 129k LinkedIn followers — 6.6% of this cohort's audience
Activity (LinkedIn): 1 product launches · 1 awards announced in 12 mo
Funding rounds
- Mar 2026Series B$20.5M
- May 2021Series A$15.7M
- Nov 2020Seed$4.1M
- Feb 2020Seed$975.6K
Founders & team
Investors
Tiger Global Management, Surge, Incubate Fund India, Gemba Capital, Tanglin Venture Partners, Meyer Keith Ventures
Tech stack
AngularjsCdnjsChart.JsClevertapCloudflareCloudflare Bot Management
#4
Perfios 🦄Series D · Bengaluru, Karnataka · founded 2008$270.3Mraised▾
Perfios 🦄
Series D · Bengaluru, Karnataka · founded 2008
Provider of AI-driven platform for financial analysis, verification, and decisioning. The platform offers document analysis, KYC/KYB compliance, fraud detection, and risk assessment solutions. It facilitates digital lending, customer onboarding, and claims automation across various industries. The platform also provides tools for credit assessment and due diligence.
Fliar Intelligence Index™ 87how this company ranks against its industry peers
Moat
top 16%Fin. health
top 20%Funding
top 23%Talent
top 23%Market
top 25%Product
top 36%Moat: Top 1% by revenue among 105 tracked Insurance IT companies · Unicorn · 10 curated direct competitors tracked
Fin. health: Revenue ~$83.8M (FY2018) · Net margin 15.6%
Funding: Raised $270M across 14 rounds · 14 rounds over 17 yrs (0.8/yr) · Last round Series D (May 2025)
Audience (LinkedIn): 105k LinkedIn followers — 5.3% of this cohort's audience
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Senior Manager
Funding rounds
- May 2025Series D$1.5M
- Mar 2024Series D$80M
- Sep 2023Series D$41.4M
- Oct 2022Venture Debt$6.1M
Founders & team
Investors
Bessemer Venture Partners, Warburg Pincus, Innoven Capital, Stride Ventures, Kedaara, 1000632564 Ontario
Tech stack
Amazon Web ServicesCloudflareCloudflare Bot ManagementCloudflare Browser InsightsCookieyesCore-Js
#5
Series A · Bengaluru, Karnataka · founded 2020 · 167 employees$12Mraised▾
Series A · Bengaluru, Karnataka · founded 2020 · 167 employees
Provider of employee benefits management platform for companies. It offers a digital platform to customize and deliver group health insurance, personal accident coverage, term life insurance, wellness programs, and tax-saving wallets like meal, fuel, and multi-benefits options.
Fliar Intelligence Index™ 50how this company ranks against its industry peers
Moat
top 28%Tech
top 32%Talent
top 38%Funding
top 41%Growth
top 47%Market
top 49%Moat: Top 14% by revenue among 1371 tracked HRTech companies · Editorial + unicorn rating 7/10 · 10 curated direct competitors tracked
Tech: 43 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Devops: Nginx
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Audience (LinkedIn): 26k LinkedIn followers
Funding rounds
- Apr 2026Series A$394.6K
- Jun 2022Series A$8.2M
- Apr 2021Seed$3.6M
Founders & team
Investors
Beenext, 3one4 Capital, QED Innovation, Beacon Trusteeship, Prasanna Capital, QED Innovation Labs
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAnt DesignCdnjsCloudflare
#6
Seed · Bengaluru, Karnataka · founded 2018 · 49 employees$3.9Mraised▾
Seed · Bengaluru, Karnataka · founded 2018 · 49 employees
Provider of financing solutions for insurance premiums through monthly installments. The company connects insurance intermediaries, customers, insurers, and lenders. It offers a digital process that removes the need for physical documentation. Multiple general insurance types can be financed. The company pledges never to sell insurance policies, aiming to be a trusted partner for insurers.
Fliar Intelligence Index™ 53how this company ranks against its industry peers
Growth
top 18%Talent
top 35%Moat
top 43%Funding
top 45%Fin. health
bottom 43%Product
bottom 40%Growth: Headcount 35 → 49 (+40%) across vintages · Revenue +108% YoY · Fresh capital in last 24 mo
Talent: 4 named leaders on record
Moat: Top 42% by revenue among 156 tracked Internet First Insurance Platforms companies · Editorial + unicorn rating 5/10 · 5 curated direct competitors tracked
Audience (LinkedIn): 4k LinkedIn followers
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
- May 2026Grant (prize money)—
- May 2024Seed$1.8M
- Dec 2021Seed$1.6M
- Oct 2020Seed$101.4K
Founders & team
Investors
Unicorn India Ventures, Seafund, Forward Commercial, Prajna Consultants, CXI Valley I, Allied Information Technology & Marketing
Tech stack
Amazon Web ServicesAws Certificate ManagerBootstrapCdnjsCloudflareFont Awesome
#7
Series A · Bengaluru, Karnataka · founded 2020 · 279 employees$50Mraised▾
Series A · Bengaluru, Karnataka · founded 2020 · 279 employees
Provider of health insurance plans with outpatient and hospitalization coverage. It facilitates health insurance policy comparison and selection. It offers coverage for hospitalization, outpatient expenses, and family floater plans. It also provides support throughout the enrolment and claims processes.
Fliar Intelligence Index™ 72how this company ranks against its industry peers
Growth
top 22%Talent
top 28%Moat
top 30%Tech
top 31%Funding
top 36%Market
top 46%Growth: Revenue +226% YoY · Web rank 1,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Moat: Top 21% by revenue among 19 tracked Healthcare Payer Tech companies · Editorial + unicorn rating 7/10 · Soonicorn
Audience (LinkedIn): 126k LinkedIn followers — 6.4% of this cohort's audience
Funding rounds
- Mar 2025Series A$22.4M
- Jun 2024Series A$30M
- Feb 2024Seed$120.6K
- Feb 2022Seed$15M
Founders & team
Investors
Khosla Ventures, Founders Fund, Mercury Fund, Simon Fiduciaria, 8VC, LexItalia.it
Tech stack
Ant DesignCart FunctionalityClevertapCore-JsFacebook PixelFirebase
#8
Series B · Bengaluru, Karnataka · founded 2020 · 216 employees$87.9Mraised▾
Series B · Bengaluru, Karnataka · founded 2020 · 216 employees
Provider of a monthly subscription-based employee healthcare platform offering group health benefits. It is a technology-driven employee healthcare platform offering monthly subscription-based insurance solutions to small and medium-sized enterprises, startups, and growing businesses. The platform provides comprehensive healthcare plans, including group health insurance and discounts on medicine orders.
Fliar Intelligence Index™ 57how this company ranks against its industry peers
Moat
top 24%Tech
top 26%Funding
top 30%Market
top 37%Talent
top 38%Product
top 46%Moat: Top 3% by revenue among 1371 tracked HRTech companies · Editorial + unicorn rating 7/10 · Soonicorn
Tech: 51 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Observability: Microsoft Clarity
Funding: Raised $87.9M across 6 rounds · 6 rounds over 6 yrs (1.0/yr) · Last round Series B (Sep 2024)
Audience (LinkedIn): 114k LinkedIn followers — 5.8% of this cohort's audience
Funding rounds
- Sep 2024Series B$45M
- Jul 2023Series B$24M
- Jun 2022Angel$118.2K
- Jul 2021Series A$16M
Founders & team
Investors
Wellfound, Calabasas Capital, Meta Studio Advisors, Angel List, QED Innovation Labs, peercheque
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAnt DesignCart FunctionalityClevertap
#9
Perfios 🦄Series D · Bengaluru, Karnataka · founded 2008 · 1063 employees$450.4Mraised▾
Perfios 🦄
Series D · Bengaluru, Karnataka · founded 2008 · 1063 employees
Perfios is one stop solution for financial statement analysis. They provide the best in class service for employee history, bank statement analyser, and analytics software for financial service.
Fliar Intelligence Index™ 84how this company ranks against its industry peers
Market
top 10%Moat
top 11%Talent
top 17%Funding
top 26%Innovation
top 29%Global
top 29%Market: 1,063 employees (top 2% of Investment Tech) · Revenue ~$30.5M · Top 6% by revenue among 363 tracked Banking Tech peers
Moat: Top 6% by revenue among 363 tracked Banking Tech companies · Editorial + unicorn rating 9/10 · Unicorn
Talent: Analyst team rating 5/5 · 6 named leaders on record · 7 leadership moves in 12 mo
Founders & team
Investors
Ontario Teachers' Pension Plan, Kedaara, Warburg Pincus, Bessemer Venture Partners, 1000632564 Ontario, Stride Ventures
Tech stack
PhpLaravelApache Http ServerGoogle AdsOwl CarouselLinkedin Insight Tag
#10
Seed · Bengaluru, Karnataka · founded 2021 · 22 employees$2Mraised▾
Seed · Bengaluru, Karnataka · founded 2021 · 22 employees
Online platform for liability insurance for businesses. It offers Insurance solutions for startups and SMEs. It provides insurance coverage solutions and offers real-time quotes, underwriting, and claims processing solutions.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 17k LinkedIn followers
Funding rounds
- Aug 2025Seed$982K
- Aug 2022Seed$2M
Founders & team
Investors
WaterBridge, Arali Ventures, Blume Venture, Eximius Ventures
Tech stack
Amazon S3Amazon Web ServicesBootstrapEmotionGoogle AnalyticsGoogle Font Api
#11
Public · Bengaluru, Karnataka · founded 2016 · 805 employees$466.5Mraised▾
Public · Bengaluru, Karnataka · founded 2016 · 805 employees
Provider of general and life insurance products across various categories. It offers car, bike, health, property, travel, and business insurance, alongside term life, savings, retirement, and group life insurance plans. The company facilitates claims processing, policy renewals, and provides resources such as calculators, guides, and transparency reports. It also offers opportunities to become an agent for its insurance products.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 182k LinkedIn followers — 9.2% of this cohort's audience
Activity: 1 partnerships · 3 awards (incl. Probus Insurance Broker Private Limited) announced in 12 mo
Funding rounds
- May 2022Series D$54.5M
- Jul 2021Series C$200M
- Jan 2021Series C$18.5M
- Jan 2020Series C$84M
Founders & team
Investors
Faering Capital, TVS Capital Funds, A91 Partners, UBR Capital, Cornerstone Sport, Peak XV Partners
Tech stack
Adobe AnalyticsAdobe Audience ManagerAdobe Experience ManagerAdobe Experience Platform Identity ServiceAdobe Experience Platform LaunchAmazon Cloudfront
#12
Seed · Bengaluru, Karnataka · founded 2015$600Kraised▾
Seed · Bengaluru, Karnataka · founded 2015
Provider of personalized video engagement platforms for banks and wealth management firms. It addresses post-pandemic digital transformation needs by surfacing client insights previously siloed with relationship managers, improving millennial, Gen Z acquisition, and reducing churn through personalized video experiences.
Funding rounds
- Sep 2025Seed$500K
- Apr 2021Seed$100K
- Sep 2015Seed—
Founders & team
Investors
LetsVenture, Singapore Angel Network, Upekkha, Y Combinator
Funding & investor landscape
$2.5Btotal disclosed funding
42companies funded
149disclosed rounds
2rounds last 90 days
Most active investors
QED Innovation Labs5 rounds
Y Combinator4 rounds
Notable founders
Ruchi Deepak
Co-Founder · ACKO
Vishwanath Ram
Co-Founder · ACKO
Ankit Agarwal
Co-Founder & CFO · Navi
Sachin Bansal
Co-Founder & Managing Director · Navi
Saurabh Arora
Co-Founder & CTO · Plum
Abhishek Poddar
Co-Founder & CEO · Plum
Debasish Chakraborty
Co-Founder · Perfios
V.R. Govindarajan
Co-Founder & Executive Chairman · Perfios
Manish Mishra
Co-Founder · Pazcare
Sanchit Malik
Co-Founder & CEO · Pazcare
Promod Khanna
Co-Founder & Director · Finsall
Prabal Khanna
Co-Founder · Finsall
Prism market signals · India · country-scoped Prism corpus, 5,988,409 docs
Market landscape — 10 sub-themes by coverage
Share of InsurTech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH SIGNALS · India
How research on Insurtech is moving in India
A read on the academic research around Insurtech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 25 India-affiliated papers.
top research entities
- Maharshi Dayanand University2
- Amity University2
- Vellore Institute of Technology University2
- Lovely Professional University2
- Graphic Era University2
leading researchers
Sakshi Malik · Rosy Dhall · Anjani Singh Tomar · Sumit Agarwal · Garima Bhardwaj · Ekta Saraswat · Namrata Singh · Rashmi Aggarwal
▲
Breakthroughs3 · 12%
▲ 0%→25% share
4 median citations100% since 2021mostly methods-led
Breakthroughs are rising (0%→25% of field), led by Interpretability.
rising sub-themes (early→recent)
- Interpretability1
- Wearable computer1
- Advanced driver assistance systems1
- Global Positioning System1
- Automobile insurance1
Landmark Road Rage and Aggressive Driving Behaviour Detection in Usage-Based Insurance Using Machine Learning · 14 cites
◆
Advancements9 · 36%
▲ 0%→25% share
0 median citations100% since 2021mostly empirical
Advancements are rising (0%→25% of field), led by Context (archaeology).
rising sub-themes (early→recent)
- Context (archaeology)2
- Telematics1
- Novelty1
- Exploratory research1
- Moral hazard1
Landmark Insurtech Fostering Automated Insurance Process using Deep Learning Approach · 33 cites
▼
Concerns6 · 24%
▲ 0%→12% share
0 median citations100% since 2021mostly position pieces
Concerns are rising (0%→12% of field), led by Momentum (technical analysis).
rising sub-themes (early→recent)
- Momentum (technical analysis)1
- Key (lock)1
- Development economics1
- Computer security1
- Digital transformation1
Landmark The Evolving Role of Insurtech in India: Trends, Challenges and The Road Ahead · 3 cites
Common questions
How many InsurTech companies are there in Bengaluru, India?
Radar tracks 82 indexable InsurTech companies headquartered in Bengaluru, India, India, that meet our profile-completeness bar.
What is the total funding raised by InsurTech companies in Bengaluru, India?
The InsurTech companies in Bengaluru, India on this list have raised a combined $2.5B in disclosed equity funding across 42 funded companies.
Which is the highest-funded InsurTech company in Bengaluru, India?
ACKO is the highest-funded InsurTech company in Bengaluru, India, with $597.7M in disclosed equity funding.
How many InsurTech companies in Bengaluru, India are funded?
42 of the 82 InsurTech companies in Bengaluru, India on this list have disclosed at least one equity funding round.
How many InsurTech unicorns are there in Bengaluru, India?
5 InsurTech companies in Bengaluru, India on this list are valued at $1B or more.
Who are the top investors in Bengaluru, India InsurTech companies?
The most active investors in Bengaluru, India InsurTech companies on this list include Angel List, Astir Ventures, Bessemer Venture Partners, QED Innovation Labs, Wellfound.
Riya SenguptaFinancials
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.