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Radar · InsurTech in Gurugram

Best InsurTech Companies in Gurugram, India

The 42 best InsurTech companies in Gurugram, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: PB Fintech.

42companies tracked
$959.6Mdisclosed funding
2unicorns
12have raised
FLIAR INTELLIGENCE · INSURTECH × GURUGRAM

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
781kcombined LinkedIn audience
76%of audience held by top 3
5companies hiring publicly (12 mo)

Ranked: Best InsurTech companies in Gurugram

#CompanyRevenueDisclosed fundingEmployeesFoundedTech stackRecent signals
1PB Fintech 🦄
Provider of an online platform offering insurance and lending products through its flagship brands
$637M
FY2025
$443M1522008PHPAnimate.cssApache HTTP Server+11—
2Policybazaar 🦄
Online platform for insurance buyers, offering a wide range of life insurance and general insurance plans
$503M
FY2025
$8M23,679
23,679 → 13,620 (-42%)
2008Cart FunctionalityChart.jsD3+26—
3Religare Health Insurance
Health insurance provider
$56M
FY2022
$26M3,4142012——
4RenewBuy
Retailer of insurance products, including health, life, motor, and OPD
$52M
FY2025
$141M4,6472015Apple iCloud MailGoogle WorkspaceTypeScript+15—
5Heph
Provider of white-labelled solutions for insurance
$27M
FY2025
——2022Animate.cssBootstrapAmazon Web Services+12—
6BimaBuy
Platform for comparing and buying life and health insurance policies
$9M
FY2025
—1452020——
7Decimal Technology
Developer of a no-code platform for enterprise application development solutions
67Moat top 18%Talent top 22%Fin. health top 31%Market top 34%
All 11 signals ▾
Moattop 18%
Talenttop 22%
Fin. healthtop 31%
Markettop 34%
Innovationtop 40%
Techtop 40%
Newstop 42%
Producttop 42%
Growthtop 49%
Fundingbottom 40%
Globalbottom 30%
Moat: Top 10% by revenue among 105 tracked Insurance IT companies · Editorial + unicorn rating 7/10
Talent: Analyst team rating 5/5 · 3 named leaders on record
rank vs industry peers · Fliar Intelligence Index 67/100
$8M
FY2025
$478K369
369 → 404 (+9%)
2009WordPressMySQLPHP+30—
8Eicore
AI-based software suite for the insurance industry
$3M
FY2025
—88
88 → 149 (+69%)
2006Windows ServerMicrosoft ASP.NETBootstrap+9—
9SecureNow
Online comparison platform for life and non-life insurance
$2M
FY2025
$13M42011Node.jsZohoReact+142 job openings
10PolicyX
Web-based insurance comparison and buying platform
$2M
FY2025
—1102013PHPApache HTTP ServerAmazon Web Services+18—
11ClaimBuddy
Platform offering medical insurance claims support solutions
$2M
FY2025
$8M75
75 → 116 (+55%)
2020UbuntuBootstrapApache HTTP Server+13—
12ClaimTherapist
Provider of technology-enabled services facilitating hospital claim processing and management
$1M
FY2025
$368K582019——
13SafeTree
Provider of a digital insurance broking company that offers various insurance products and solutions…
$1M
FY2025
$1M212019PHPVuetifyTailwind CSS+121 job opening · 1 internship · 2 awards
14Care.fi
Provider of financial solutions for hospitals, doctors, and allied healthcare suppliers
37Moat top 35%Funding top 38%Talent top 38%News top 44%
All 11 signals ▾
Moattop 35%
Fundingtop 38%
Talenttop 38%
Newstop 44%
Growthtop 45%
Marketbottom 47%
Productbottom 45%
Innovationbottom 41%
Fin. healthbottom 39%
Globalbottom 37%
Techbottom 31%
Moat: Top 20% by revenue among 830 tracked Healthcare IT companies · Editorial + unicorn rating 5/10
Funding: Raised $5.6M across 9 rounds · 9 rounds over 4 yrs (2.2/yr)
rank vs industry peers · Fliar Intelligence Index 37/100
$858K
FY2025
$6M32
32 → 72 (+125%)
2021Tailwind CSSAnt DesignReact+6—

Top 12 InsurTech companies in Gurugram

#1
Series C · Gurugram, Haryana · founded 2016 · 2020 employees
$310Mraised
▾

Provider of online insurance policy comparison and purchasing platform. It allows users to compare quotes from multiple insurers for various insurance types, including motor, health, life, and travel insurance. The platform simplifies the insurance buying process, enabling users to select a policy, provide necessary details, and complete the purchase online.

Fliar Intelligence Index™ 78how this company ranks against its industry peers
Funding
top 18%
Moat
top 20%
Market
top 22%
Tech
top 24%
Fin. health
top 37%
Talent
top 38%
Funding: Raised $310M across 7 rounds · 7 rounds over 4 yrs (1.8/yr) · Last round Series C (Dec 2025)
Moat: Top 3% by revenue among 156 tracked Internet First Insurance Platforms companies · Editorial + unicorn rating 8/10 · Soonicorn
Market: 2,020 employees (top 4% of FinTech) · Revenue ~$163M · ~4% of tracked Internet First Insurance Platforms revenue (156 cos, FY2025)
Audience (LinkedIn): 80k LinkedIn followers — 10.2% of this cohort's audience
Hiring (LinkedIn): 2 hiring posts in 12 mo (public) · momentum +2 · hiring: Relationship Manager, Insurancedekho family
Funding rounds
  • Dec 2025Series C$4.3M
  • Mar 2025Series C$70M
  • Jan 2025Series B$17.7M
  • Oct 2023Series B$60M
Founders & team
Ankit AgrawalCo-Founder & CEOIsh BabarCo-Founder & CTO
Investors
TVS Capital Funds, Investcorp, Avataar Ventures, West Street Global, Alstroemeria Investments, Goldman Sachs Asset Management
Tech stack
Amazon CloudfrontAmazon Web ServicesAngular MaterialAngularjsAnime.JsApache Http Server
#2
Series D · Gurugram, Haryana · founded 2015 · 4647 employees
$140.7Mraised
▾

Retailer of insurance products, including health, life, motor, and OPD. The company offers a platform for comparing and purchasing various insurance policies. It provides resources related to claims, renewals, and general insurance information. The platform also facilitates access to auto loans and advisor services.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 62k LinkedIn followers — 7.9% of this cohort's audience
Activity: 1 awards announced in 12 mo
Funding rounds
  • Jun 2025Series D$10M
  • Jun 2023Series D$40M
  • Nov 2022Venture Debt—
  • Nov 2022Series D$8.3M
Founders & team
Devesh JoshiCo-Founder & Marketing HeadSekhar PasupathyCo-FounderIndraneel ChatterjeeCo-Founder & COO
Investors
Lok Capital, Amicus Capital, Sundaram Finance Holdings, 360 One, Apis Partners, Growth Catalyst Partners
Tech stack
Amazon ElbAmazon Web ServicesAngularApple Icloud MailAws Certificate ManagerBootstrap
#3
Series A · Gurugram, Haryana · founded 2021 · 32 employees
$5.6Mraised
▾

Provider of financial solutions for hospitals, doctors, and allied healthcare suppliers. The platform offers claim processing, adjudication, settlement, and reconciliation capabilities. It also provides working capital solutions, including receivables financing and supply chain financing. It also streamlines insurance claim management for hospitals. The platform aims to streamline financial operations for healthcare institutions.

Fliar Intelligence Index™ 37how this company ranks against its industry peers
Moat
top 35%
Funding
top 38%
Talent
top 38%
News
top 44%
Growth
top 45%
Market
bottom 47%
Moat: Top 20% by revenue among 830 tracked Healthcare IT companies · Editorial + unicorn rating 5/10 · 9 curated direct competitors tracked
Funding: Raised $5.6M across 9 rounds · 9 rounds over 4 yrs (2.2/yr) · Last round Series A (Feb 2026)
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Audience (LinkedIn): 42k LinkedIn followers — 5.4% of this cohort's audience
Funding rounds
  • Feb 2026Series A$5M
  • Feb 2026Conventional Debt$3M
  • Apr 2025Conventional Debt$70.3K
  • Mar 2025Conventional Debt$876.5K
Founders & team
Sidak SinghCo-FounderVikrant AgarwalCo-Founder
Investors
Angel List, Kettleborough VC, Peak XV Partners, Stride Ventures, Trifecta Capital, UC Inclusive Credit
Tech stack
Ant DesignApache Http ServerDebianGodaddyGoogle Font ApiGoogle Workspace
#4
Seed · Gurugram, Haryana · founded 2024
$2.6Mraised
▾

Digital surety bonds and risk-management infrastructure for businesses. The company provides technology and advisory services that help businesses replace traditional bank guarantees with insurance-backed surety bonds to free up working capital and simplify compliance workflows. It enables micro, small, and medium-sized enterprises to obtain surety bonds through its trust platform. It utilizes technology and consulting services to facilitate the process of obtaining surety bonds.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Funding rounds
  • Feb 2025Seed$2.6M
Founders & team
Mukund DagaCo-Founder & CRORajeev ChariCo-Founder & COOAditya TulsianCo-Founder & CEO
Investors
General Catalyst, Yatra Angel Network, Angel List, India Accelerator, Real Time Accelerator Fund, Infinyte Club
Tech stack
BootstrapGodaddyGoogle AnalyticsGoogle CloudGoogle Cloud CdnGsap
#5
Public · Gurugram, Haryana · founded 2008 · 152 employees
$443.3Mraised
▾

Provider of an online platform offering insurance and lending products through its flagship brands. It offers insurance solutions for death, disease, damage protection, and more. It offers a lending platform for individuals and businesses. It also offers risk assessment models, fraud detection, and underwriting solutions.

Funding rounds
  • Feb 2021Series G$75M
  • Jun 2020Series F$47.4M
  • Apr 2019Series F$152.5M
  • Oct 2017Series E$78.6M
Founders & team
Manoj SharmaCo-Founder & Group Deputy CFOTarun MathurCo-Founder & CBOAlok BansalCo-Founder
Investors
Info Edge, Intel, Athera, Tiger Global Management, Premji Invest, True North
Tech stack
Animate.CssApache Http ServerCdnjsCloudflareFont AwesomeGodaddy
#6
Series A · Gurugram, Haryana · founded 2020 · 75 employees
$8.2Mraised
▾

Platform offering medical insurance claims support solutions. The platform offers solutions for health insurance claim assistance for patients and hospitals. It provides hospitals with a digital infrastructure to manage health insurance claims.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 16k LinkedIn followers — 2.1% of this cohort's audience
Hiring: 6 hiring posts in 12 mo (public) · momentum -1 · hiring: Business Development Manager, TPA Senior Executive
Funding rounds
  • Apr 2024Series A$5M
  • Jan 2022Seed$3M
  • Jan 2021Seed$238.1K
Founders & team
Khet RajpurohitCo-FounderAjit PatelCo-Founder
Investors
Bharat Innovation Fund, CAC Capital, Chiratae Ventures, Rebright Partners, Merisis, Relentless Ventures
Tech stack
Amazon Web ServicesApache Http ServerBootstrapCdnjsCloudflareFont Awesome
#7
Seed · Gurugram, Haryana · founded 2009 · 369 employees
$478.3Kraised
▾

Developer of a no-code platform for enterprise application development solutions. The platform offers tools for building core business systems, workflow automation, and customer applications. It provides solutions for industries like banking, finance, and insurance. The platform also features an API marketplace and resources for developers, including a developer portal and academy.

Fliar Intelligence Index™ 67how this company ranks against its industry peers
Moat
top 18%
Talent
top 22%
Fin. health
top 31%
Market
top 34%
Innovation
top 40%
Tech
top 40%
Moat: Top 10% by revenue among 105 tracked Insurance IT companies · Editorial + unicorn rating 7/10
Talent: Analyst team rating 5/5 · 3 named leaders on record · 3 C-suite/founder profiles curated
Fin. health: Revenue ~$7.8M (FY2022) · Net margin 92.1% · Revenue +10% YoY
Audience (LinkedIn): 33k LinkedIn followers — 4.2% of this cohort's audience
Funding rounds
  • Dec 2024Seed$3M
  • Dec 2023Seed$42.1K
  • Mar 2022Seed$436.2K
Founders & team
Arvind NahataCo-Founder & CBOManav YagnikCo-FounderLalit MehtaCo-Founder & CEO
Investors
Agindustries
Tech stack
Framer SitesGodaddyGoogle AnalyticsGoogle Font ApiGoogle WorkspaceHsts
#8
Acquired · Gurugram, Haryana · founded 2012 · 3414 employees
$26.3Mraised
▾

Religare Health Insurance is headquartered in Gurgaon, Haryana and operates out of 146 offices across India with 6000+ employees. The company has covered approximately 75,00 000 lives as on 31st Oct'19 and has a wide distribution channel that includes digital direct to consumer, banks, NBFCs, individual agents, brokers, web aggregators, corporate agents, rural banking and others. A wide hospital network is available to quality treatment at more than 7400 leading hospitals across the country.

Founders & team
Anuj GulatiCEO
Investors
Kedaara
Tech stack
Amazon Web ServicesGoogle Tag ManagerCrazy EggWhatsapp Business ChatHstsDigicert
#9
Series B · Gurugram, Haryana · founded 2011 · 4 employees
$13.3Mraised
▾

Online comparison platform for life and non-life insurance. It offers quotes for health insurance, motor insurance, travel insurance, employee compensation, marine insurance, liability insurance, indemnity insurance, and more. It also offers claim assistance solutions for users.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 21k LinkedIn followers — 2.7% of this cohort's audience
Hiring: 3 hiring posts in 12 mo (public) · momentum +3 · hiring: Corporate Retention Sales, Corporate Retention (Sales)
Funding rounds
  • Feb 2021Series B$6M
  • May 2019Series A$4.3M
  • Feb 2016Seed$2.9M
  • Feb 2016Angel$136K
Founders & team
Abhishek BondiaCo-Founder & Managing DirectorKapil MehtaCo-Founder
Investors
Apis Partners, Landfalls, Elevar Equity
Tech stack
CloudflareCore-JsFacebook PixelFont AwesomeGoogle AnalyticsGoogle Tag Manager
#10
Seed · Gurugram, Haryana · founded 2019 · 21 employees
$1.1Mraised
▾

Provider of a digital insurance broking company that offers various insurance products and solutions, including health, life, and fertility insurance, as well as corporate and personal insurance plans.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 5k LinkedIn followers
Hiring: 1 hiring post in 12 mo (public) · hiring: Vice President/ State Head - Corporate Insurance Sales
Activity: 2 awards announced in 12 mo
Funding rounds
  • Oct 2022Seed$103.7K
  • Sep 2021Angel$1M
  • Mar 2021Angel$68.6K
Founders & team
Vikas AnandCo-Founder & CEO
Investors
Supriya Dina Consultancy
Tech stack
Amazon S3Amazon Web ServicesApache Http ServerCloudflareCodeigniterGoogle Analytics
#11
Late Stage · Gurugram, Haryana · founded 2008 · 23679 employees
$7.7Mraised
▾

Online platform for insurance buyers, offering a wide range of life insurance and general insurance plans. It is an online insurance platform that provides users with a marketplace to compare and purchase various types of insurance products including life, health, travel, and car insurance. The platform offers a range of features such as policy comparison, online quotes, and policy renewal, aiming to provide users with a seamless and user-friendly experience.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 454k LinkedIn followers — 58.1% of this cohort's audience
Funding rounds
  • Oct 2017Post IPO$7.7M
Founders & team
Manoj SharmaCo-FounderTarun MathurCo-Founder & CBOAlok BansalCo-Founder
Investors
Info Edge Ventures, Playbook Partners, Pivot Ventures, Premji Invest, Sharrp Ventures, Burman Family
Tech stack
AceAkamaiAkamai Bot ManagerAkamai MpulseAmazon AlbAmazon Web Services
#12
Seed · Gurugram, Haryana · founded 2019 · 58 employees
$367.6Kraised
▾

Provider of technology-enabled services facilitating hospital claim processing and management. The company offers solutions for digital processing and simplification of claim procedures. It aims to streamline discharge processes and improve capital management through hospital management information systems and dashboards. The company's technology adapts to various ecosystems.

Funding rounds
  • Jul 2020Seed$367.6K
Founders & team
Anshul KocharCo-Founder
Investors
WaterBridge
Tech stack
Node.JsReactNext.JsVercelSwiperHsts

Funding & investor landscape

$959.6Mtotal disclosed funding
12companies funded
56disclosed rounds
0rounds last 90 days
Most active investors
Angel List3 rounds
Chiratae Ventures3 rounds
360 One2 rounds
Alpha Wave Global2 rounds
Apis Partners2 rounds
Athera2 rounds
MUFG2 rounds
Premji Invest2 rounds
Stride Ventures2 rounds
108 Capital1 rounds

Notable founders

Ankit Agrawal
Co-Founder & CEO · InsuranceDekho
Ish Babar
Co-Founder & CTO · InsuranceDekho
Devesh Joshi
Co-Founder & Marketing Head · RenewBuy
Sekhar Pasupathy
Co-Founder · RenewBuy
Sidak Singh
Co-Founder · Care.fi
Vikrant Agarwal
Co-Founder · Care.fi
Mukund Daga
Co-Founder & CRO · axiTrust
Rajeev Chari
Co-Founder & COO · axiTrust
Manoj Sharma
Co-Founder & Group Deputy CFO · PB Fintech
Tarun Mathur
Co-Founder & CBO · PB Fintech
Khet Rajpurohit
Co-Founder · ClaimBuddy
Ajit Patel
Co-Founder · ClaimBuddy
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 Gurugram, India?
Radar tracks 42 indexable InsurTech companies headquartered in Gurugram, India that meet our profile-completeness bar.
What is the total funding raised by InsurTech companies in Gurugram, India?
The InsurTech companies in Gurugram, India on this list have raised a combined $959.6M in disclosed equity funding across 12 funded companies.
Which is the highest-funded InsurTech company in Gurugram, India?
PB Fintech is the highest-funded InsurTech company in Gurugram, India, with $443.3M in disclosed equity funding.
How many InsurTech companies in Gurugram, India are funded?
12 of the 42 InsurTech companies in Gurugram, India on this list have disclosed at least one equity funding round.
How many InsurTech unicorns are there in Gurugram, India?
2 InsurTech companies in Gurugram, India on this list are valued at $1B or more.
Who are the top investors in Gurugram, India InsurTech companies?
The most active investors in Gurugram, India InsurTech companies on this list include Angel List, Chiratae Ventures, 360 One, Alpha Wave Global, Apis Partners.
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.

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