Company lists
The India edition · 2026

Internet first insurance platformscompanies in India

Insurance comparison, digital insurers, motor & telematics, insurtech software, health insurance and more: the companies building internet first insurance platforms in India, with their founders, funding, team size and business models.

306 company profiles130 with reported revenue64 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent internet first insurance platforms business events in India

Funding, M&A, contract wins and launches involving 419 internet first insurance platforms companies in India, last 24 months: 13 M&A deals · 9 funding rounds · 4 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

M&AAcquisition · Announced

Raise Financial acquires GreenLife Insurance

Raise Financial, parent of online stock broking platform Dhan, has acquired GreenLife Insurance, its third buyout in just over a year, marking its entry into insurance broking. The…

Insurance broking
M&AAcquisition · Completed

Raise financial services acquires GreenLife Insurance Broking

Raise Financial Services, the holding company of the stock trading platform Dhan, has recently acquired GreenLife Insurance Broking as part of its formal entry into the insurance…

Insurance
Funding

Acko General Insurance

ACKO has raised $598 million — the highest among all funded InsurTech companies in India as of January 2026.

InsurTech
FundingQIP

Pb fintech

PB Fintech Ltd, the parent of Policybazaar, said on Monday that its board will meet on 5 February to consider raising capital through a qualified institutional placement (QIP) to fund…

M&AMerger · Announced

Go Digit General Insurance acquires Go Digit Infoworks Services

Go Digit General Insurance’s board has approved the amalgamation of its holding company, Go Digit Infoworks Services, into the listed entity.

IT Consulting
M&AAcquisition · Completed

Info edge acquires Pb fintech

Info Edge acquired an additional 6.47% stake in PB Fintech through an NCLT-approved amalgamation process

Fintech
M&AAcquisition · Announced

Girnar finserv acquires SeedsAI

Girnar Finserv Private Limited (GFPL), an affiliate of InsuranceDekho, today announced the acquisition of SeedsAI, a SaaS platform specializing in LLM orchestration and AI automation.

SaaS platform for LLM orchestration and AI automation
M&AAcquisition · Completed

Federal bank acquires Ageas federal life insurance

Federal Bank has acquired an additional 3,20,00,000 equity shares (4%) of Ageas Federal Life Insurance Company (AFLIC) from Ageas Insurance International NV at a price of Rs. 30.45 per…

Life insurance
LaunchReserve Pay

Navi

Navi announced two new UPI features today based on yesterday’s UPI product launches. Reserve Pay and EV Recharge via Banking Connect will now soon be featured on Navi’s app.

UPI Feature
M&AAcquisition · Announced

Pb fintech acquires Pensionbazaar.com

PB Fintech has acquired Pensionbazaar.com

FundingSecondary Transaction

Acko

The family office of cricketer MS Dhoni has invested in insurtech unicorn Acko, participating in a secondary transaction.

Investors Dhoni Family Office
InsurTech
FundingDebt funding

Navi technologies

Fintech unicorn Navi Technologies has secured ₹170 crore (approximately $20 million) through a debt funding round led by PhillipCapital, with participation from NDX Finserve, Arpee…

Investors Phillipcapital, NDX Finserve, Arpee Group, Ambit finvest
Fintech
FundingGrowth

Credit wise capital

Moving to India, Credit Wise Capital, a consumer lending platform focused on financing two-wheelers and EVs, raised $23.3 million in a growth funding round.

Consumer Lending
M&AAcquisition · Announced

Central bank of india acquires Future Generali India Insurance

CBI has acquired 25.18% (twenty five point one eight percent) in FGILICL and 24.91% (twenty four point nine one percent) in FGIICL, through the corporate insolvency resolution process of…

Insurance
Funding

Renewbuy

Insurtech startup Renewbuy has raised $10 million (approx. ₹86 crore) in fresh funding from its existing investors, Apis Partners and 360 One (formerly IIFL Wealth), according to sources…

Insurtech
M&AMerger · Announced

Renewbuy acquires Insurancedekho

The fresh capital will strengthen operations and fuel expansion as the company advances its proposed merger with InsuranceDekho, a deal that could value Renewbuy at $300–350 million.

LaunchLife Insurance

Quickinsure

Quickinsure, a digital-first insurance broker, has announced two key initiatives aimed at expanding insurance access across India: the addition of life insurance to its growing product…

Insurance
FundingStrategic funding round

Insurance samadhan

Insurance Samadhan, an insurance grievance redressal platform, has raised INR 8.5 crore in a strategic funding round.

Investors Strategic family offices
Insurance
M&AAcquisition · Rumored

Lic india acquires Manipalcigna health insurance

New Delhi, April 1: The Life Insurance Corporation of India’s (LIC) potential acquisition of a 40-49 per cent stake in ManipalCigna Health Insurance could reshape the health insurance…

Health Insurance
FundingSeries D3

Servify

Mumbai-based post-sales service platform Servify, operated by Service Lee Technologies, has secured INR 66.27 crore (approximately USD 7.8 million) in its ongoing Series D funding round.…

Investors BEENEXT Capital, Singularity Growth Opportunities Fund
After-sales service
LaunchFinhaat Wealth

Finhaat

Finhaat, the fast-growing financial product delivery platform, has now rolled out a tech-driven platform called Finhaat Wealth designed to bring wealth management for distributors and…

Wealth Management Platform

Internet first insurance platforms companies in India, by revenue

Browse internet first insurance platforms companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 130 internet first insurance platforms companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Provider of general and life insurance products across various categories

Internet first insurance platforms
₹8,219.52 crFY 2023-24
+40%2023–2024
3,146-82% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Provider of an online platform offering insurance and lending products through its flagship brands

Internet first insurance platforms
₹5,384.94 crFY 2024-25
+41%2024–2025
106-53% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Online platform for insurance buyers, offering a wide range of life insurance and general insurance plans

Internet first insurance platforms
₹4,248.78 crFY 2024-25
+50%2024–2025
13,620+35% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
223postings · last posted Sep 2026

Provider of car, bike, health, life, and travel insurance policies

Auto e-commerce & content
₹2,887.45 crFY 2024-25
+34%2024–2025
1,750+6% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
37postings · last posted Sep 2026

Provider of financial products including UPI, loans, insurance, and mutual funds

Payments
₹2,689.14 crFY 2024-25
-4%2024–2025
3,276-8% 12 mo to Aug 2024LinkedIn · Jul 2026
14 yr2012
44postings · last posted Sep 2026

AI powered product lifecycle management platform

Consumer electronics e-commerce
₹786.91 crFY 2024-25
Not reported
532-5% 12 mo to Jul 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Provider of platform for comparing and purchasing insurance, loans, and funds

Internet first insurance platforms
₹693.21 crFY 2024-25
+482%2024–2025
2,608-16% 12 mo to Aug 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Provider of doorstep repair and maintenance services for electronic devices and home appliances

Internet first insurance platforms
₹677.18 crFY 2024-25
+183%2024–2025
799-3% 12 mo to Sep 2024LinkedIn · Jul 2026
16 yr2010
16postings · last posted Sep 2026

Provider of protection plans and repair services for electronic devices

Consumer electronics e-commerce
₹633.45 crFY 2024-25
+18%2024–2025
719-9% 12 mo to Feb 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months

A digital insurance provider offering crop insurance solutions to farmers and cultivators

Internet first insurance platforms
₹574.21 crFY 2024-25
+39%2024–2025
2+906% 12 mo to Jan 2024LinkedIn · Jul 2026
8 yr2018
5postings · last posted Aug 2026

Online platform for insurance comparison

Internet first insurance platforms
₹279.96 crFY 2024-25
+28%2024–2025
619-22% 12 mo to Sep 2024LinkedIn · Jul 2026
25 yr2001
11postings · last posted Sep 2026

Provider of motor, life & health insurance services

Internet first insurance platforms
₹277.44 crFY 2024-25
-30%2024–2025
154+0% 12 mo to Sep 2024recorded Sep 2024
6 yr2020
0none in 3 months

Provider of financial services and solutions

Internet first insurance platforms
₹229.90 crFY 2024-25
-54%2024–2025
309+7% 12 mo to Sep 2024recorded Sep 2024
7 yr2019
0none in 3 months

Online comparison platform for life, health, and travel insurances

Internet first insurance platforms
₹224.73 crFY 2024-25
+108%2024–2025
435-9% 12 mo to Aug 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months · last posted Mar 2026

Insurance web aggregator

Internet first insurance platforms
₹160.22 crFY 2022-23
Not reported
1,072+6% 12 mo to Aug 2023recorded Aug 2023
11 yr2015
—No postings tracked

Provider of insurance broking services for life, health, and general insurance

Internet first insurance platforms
₹166.03 crFY 2024-25
+9%2024–2025
60LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Platform for insurance broking and policy comparison

Internet first insurance platforms
₹142.50 crFY 2024-25
+250%2024–2025
305+5% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
1postings · last posted Sep 2026

Platform offering insurance products and services

Internet first insurance platforms
₹137.51 crFY 2024-25
+18%2024–2025
4-76% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Provider of loans and vehicle-related services via digital platforms

Insurance it
₹127.25 crFY 2024-25
+15%2024–2025
248+8% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Provider of platform to compare and buy insurance policies online

Auto e-commerce & content
₹119.99 crFY 2024-25
+37%2024–2025
257+88% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months · last posted Jan 2025

Online comparison and management platform for insurance policies

Internet first insurance platforms
₹109.20 crFY 2024-25
+16%2024–2025
529+4% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
4postings · last posted Sep 2026

Provider of online insurance policy comparison and purchasing platform

Internet first insurance platforms
₹100.29 crFY 2022-23
Not reported
2,317+20% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
18postings · last posted Sep 2026

Insurance Repository

Internet first insurance platforms
₹101.71 crFY 2024-25
+8%2024–2025
125-2% 12 mo to Sep 2024recorded Sep 2024
15 yr2011
0none in 3 months

Provider of advisory services for health and term life insurance

Internet first insurance platforms
₹97.12 crFY 2024-25
+86%2024–2025
1,409+127% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
8postings · last posted Sep 2026

Health insurance platform for individuals

Internet first insurance platforms
₹87.19 crFY 2022-23
+1691%2022–2023
228-75% 12 mo to Apr 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months
50 of 306 companies shown here · the full list is on Radar
Fliar Radar

Explore all 306 internet first insurance platforms companies in India on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

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  • Every company, not just 50All 306 internet first insurance platforms companies in India, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
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Explore internet first insurance platforms companies in India by what you are looking for

Discover online insurance platforms in India, including insurance comparison sites, digital insurers and insurtech software companies. Browse top internet first insurance platforms in India and insurance startups in India.

8 ways to explore internet first insurance platforms in India

Online insurance comparison & distribution platformsDigital-first insurance companiesMotor insurance & connected vehicle platformsInsurance software & claims processing companiesHealth insurance platforms & payer techLoan, investment & financial planning platforms

Online insurance comparison & distribution platforms

Websites and apps to compare, buy and renew insurance policies online.

  1. QuickInsure

    Provider of platform to compare and buy insurance policies online

    Auto e-commerce & content
    See in list
  2. ShiftRisk

    Online insurance comparison platform for individuals

    Internet first insurance platforms
    See in list
  3. Policy Era

    Provider of diversified insurance brokerage services

    Internet first insurance platforms
    Website
  4. Fundboon

    Online loan comparison and application platform

    Alternative lending
    Website
  5. Rupeezone

    Web platform for financial advisory and comparison of loans and insurance

    Alternative lending
    Website

Digital-first insurance companies

Insurers that sell and service policies mainly online.

  1. ACKO

    Provider of car, bike, health, life, and travel insurance policies

    Auto e-commerce & content
    See in list
  2. Onsitego

    Provider of doorstep repair and maintenance services for electronic devices and home appliances

    Internet first insurance platforms
    See in list
  3. Kshema

    A digital insurance provider offering crop insurance solutions to farmers and cultivators

    Internet first insurance platforms
    See in list
  4. CreditWise Capital

    Provider of loans and vehicle-related services via digital platforms

    Insurance it
    See in list
  5. BimaKavach

    Online platform for liability insurance for businesses

    Internet first insurance platforms
    Website

Motor insurance & connected vehicle platforms

Car and bike insurance platforms and usage-based telematics for vehicles.

  1. ACKO

    Provider of car, bike, health, life, and travel insurance policies

    Auto e-commerce & content
    See in list
  2. Girnar Finserv

    Provider of financial services and solutions

    Internet first insurance platforms
    See in list
  3. CreditWise Capital

    Provider of loans and vehicle-related services via digital platforms

    Insurance it
    See in list
  4. QuickInsure

    Provider of platform to compare and buy insurance policies online

    Auto e-commerce & content
    See in list
  5. nesh.live

    Offers cloud-based fleet intelligence platform for businesses

    Road transport tech
    Website

Insurance software & claims processing companies

Technology for insurers and intermediaries, from policy management to claims processing.

  1. NSDL National Insurance Repository

    Insurance Repository

    Internet first insurance platforms
    See in list
  2. iNube

    Software solutions provider for multiple verticals

    Internet first insurance platforms
    See in list
  3. CAMS Insurance Repository Services

    Insurance repository

    Internet first insurance platforms
    See in list
  4. Vitraya

    Platform offering claims processing for healthcare sector

    Healthcare payer tech
    See in list
  5. ClaimBuddy

    Platform offering medical insurance claims support solutions

    Internet first insurance platforms
    See in list

Health insurance platforms & payer tech

Platforms offering health insurance plans, claims handling and employee health cover.

  1. Kenko Health

    Health insurance platform for individuals

    Internet first insurance platforms
    See in list
  2. Even

    Provider of health insurance plans with outpatient and hospitalization coverage

    Healthcare payer tech
    See in list
  3. Vitraya

    Platform offering claims processing for healthcare sector

    Healthcare payer tech
    See in list
  4. Bima Garage

    Health insurance claims support solutions for insurance holders, hospitals, and insurance agents

    Internet first insurance platforms
    Website
  5. MedPiper

    Offers streamlined health check programs, precision health data, and digital workflows to enhance patient outcomes.

    Internet first insurance platforms
    Website

Loan, investment & financial planning platforms

Online platforms for comparing loans, investments and financial planning alongside insurance.

  1. Navi

    Provider of financial products including UPI, loans, insurance, and mutual funds

    Payments
    See in list
  2. Girnar Finserv

    Provider of financial services and solutions

    Internet first insurance platforms
    See in list
  3. CreditWise Capital

    Provider of loans and vehicle-related services via digital platforms

    Insurance it
    See in list
  4. Sabkasaathi

    Comparison platform for consumer loans

    Internet first insurance platforms
    Website
  5. Finsall

    Provider of financing solutions for insurance premiums through monthly installments

    Internet first insurance platforms
    Website

Internet first insurance platforms startups in India

Recently founded online insurance and insurtech startups in India.

  1. Finhaat

    Provider of a B2B platform for financial product distribution

    Internet first insurance platforms
    See in list
  2. Trovity

    Online platform providing solutions for insurance needs

    Internet first insurance platforms
    Website
  3. ClaimFriendy

    Provider of insurance claim processing services

    Internet first insurance platforms
    Website
  4. BimaKavach

    Online platform for liability insurance for businesses

    Internet first insurance platforms
    Website
  5. BimaPay

    Online insurance premium financing platform for individuals and businesses

    Internet first insurance platforms
    Website
74 companies in India

Internet first insurance platforms companies hiring in India

Online insurance platform companies in India with open roles right now.

  1. Policybazaar

    Online platform for insurance buyers, offering a wide range of life insurance and general insurance plans

    Internet first insurance platforms
    See in list
  2. ACKO

    Provider of car, bike, health, life, and travel insurance policies

    Auto e-commerce & content
    See in list
  3. Navi

    Provider of financial products including UPI, loans, insurance, and mutual funds

    Payments
    See in list
  4. Onsitego

    Provider of doorstep repair and maintenance services for electronic devices and home appliances

    Internet first insurance platforms
    See in list
  5. Kshema

    A digital insurance provider offering crop insurance solutions to farmers and cultivators

    Internet first insurance platforms
    See in list
25 companies in India
Mobile reach

Top 10 internet first insurance platforms apps from India

The most-installed Android apps published by internet first insurance platforms companies headquartered in India — 245.8M installs between them. 74 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Navi: UPI, Payments, Insurance

by Navi

Installs178.6M
Rating4.475.6M ratings
Last updatedMay 2026
View on Google Play ↗
Navi: UPI, Payments, Insurance screenshot 1Navi: UPI, Payments, Insurance screenshot 2Navi: UPI, Payments, Insurance screenshot 3Navi: UPI, Payments, Insurance screenshot 4Navi: UPI, Payments, Insurance screenshot 5
2

Policybazaar - Buy Insurance

by Policybazaar

Installs35.7M
Rating4.46666K ratings
Installs, year on year+30%
Last updatedJun 2026
View on Google Play ↗
Policybazaar - Buy Insurance screenshot 1Policybazaar - Buy Insurance screenshot 2Policybazaar - Buy Insurance screenshot 3Policybazaar - Buy Insurance screenshot 4Policybazaar - Buy Insurance screenshot 5Policybazaar - Buy Insurance screenshot 6
3

ACKO Insurance

by ACKO

Installs20.5M
Rating4.55380K ratings
Last updatedJun 2026
View on Google Play ↗
ACKO Insurance screenshot 1ACKO Insurance screenshot 2ACKO Insurance screenshot 3ACKO Insurance screenshot 4ACKO Insurance screenshot 5ACKO Insurance screenshot 6
4

Digit Insurance

by Digit Insurance

Installs6.3M
Rating4.54104K ratings
Last updatedMay 2026
View on Google Play ↗
Digit Insurance screenshot 1Digit Insurance screenshot 2Digit Insurance screenshot 3Digit Insurance screenshot 4Digit Insurance screenshot 5Digit Insurance screenshot 6
5

OneAssist: Protection+Warranty

by OneAssist

Installs2.8M
Rating4.574K ratings
Installs, year on year+30%
Last updatedMay 2026
View on Google Play ↗
OneAssist: Protection+Warranty screenshot 1OneAssist: Protection+Warranty screenshot 2OneAssist: Protection+Warranty screenshot 3OneAssist: Protection+Warranty screenshot 4OneAssist: Protection+Warranty screenshot 5OneAssist: Protection+Warranty screenshot 6
6

Onsitego - Repair & Service

by Onsitego

Installs497K
Rating—
Installs, year on year+57%
Last updatedMar 2026
View on Google Play ↗
Onsitego - Repair & Service screenshot 1Onsitego - Repair & Service screenshot 2Onsitego - Repair & Service screenshot 3Onsitego - Repair & Service screenshot 4Onsitego - Repair & Service screenshot 5Onsitego - Repair & Service screenshot 6
7

Customer WIMWIsure

by WIMWIsure

Installs407K
Rating—
Last updatedApr 2025
View on Google Play ↗
Customer WIMWIsure screenshot 1Customer WIMWIsure screenshot 2
8

RenewBuy Partners

by RenewBuy

Installs344K
Rating—
Installs, year on year+9%
Last updatedMar 2026
View on Google Play ↗
RenewBuy Partners screenshot 1RenewBuy Partners screenshot 2RenewBuy Partners screenshot 3RenewBuy Partners screenshot 4RenewBuy Partners screenshot 5
9

IDEdge by InsuranceDekho

by InsuranceDekho

Installs329K
Rating4.335K ratings
Last updatedJun 2026
View on Google Play ↗
IDEdge by InsuranceDekho screenshot 1IDEdge by InsuranceDekho screenshot 2IDEdge by InsuranceDekho screenshot 3IDEdge by InsuranceDekho screenshot 4IDEdge by InsuranceDekho screenshot 5
The business behind the activity

Internet first insurance platforms financials in India

Revenue, profit and growth from the filed annual accounts of 110 internet first insurance platforms companies in India for FY24-25 — 135 of the 306 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 67% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹8,987.62 cr

110 companies filing accounts

combined net profit−₹209.38 cr

-2.3% aggregate margin

are profitable48%

53 of 110 companies

median revenue~₹3.3 cr

the typical company

median revenue growth+15%

into FY24-25

earned by the top five67%

revenue concentration

Six-year view

Combined revenue of filing companies

₹1,418.26 crFY19-2080 filers
₹1,851.16 crFY20-2188 filers
₹2,635.89 crFY21-22102 filers
₹4,640.01 crFY22-23113 filers
₹7,403.63 crFY23-24120 filers
₹8,987.62 crFY24-25110 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 99 companies over three years

+125%
FY22-23₹3,987.71 cr−₹1,076.18 cr net
FY23-24₹7,151.31 cr−₹405.46 cr net
FY24-25₹8,962.47 cr−₹209.07 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr3837% profitable
₹1–10 cr3537% profitable
₹10–100 cr2085% profitable
₹100–1,000 cr1650% profitable
Over ₹1,000 cr1100% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking37
0–20%24
20–50%9
50–100%11
Doubled+27

108 companies with accounts for both years; median growth +15%.

Profitability

Profit is concentrated at the top

53profitable
57loss-making
-2.3%aggregate margin
-0.8%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
BeWealthy Consultants.BEWEALTHY CONSULTANTS PRIVATE LIMITED
Coverfox InsuranceCOVERFOX INSURANCE BROKING PRIVATE LIMITED
VitrayaVITRAYA TECHNOLOGIES PRIVATE LIMITED
Square InsuranceSQUARE INSURANCE BROKERS PRIVATE LIMITED+250%₹142.50 cr
EvenEven Healthcare Private Limited
Vizza Insurance Broking ServicesVIZZA INSURANCE BROKING SERVICES PRIVATE LIMITED+108%₹224.73 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
KshemaKSHEMA HOLDINGS PRIVATE LIMITED78.1%₹15.02 cr
Symbo India Insurance BrokingSYMBO INDIA INSURANCE BROKING PRIVATE LIMITED
SafeTreeA2V INSURANCE BROKERS PRIVATE LIMITED
NSDL National Insurance RepositoryNSDL DATABASE MANAGEMENT LIMITED35.0%₹101.71 cr
Ditto InsuranceTacterial Consulting Private Limited32.6%₹97.12 cr
ClaimTherapistANH TECHNOLOGIES PRIVATE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Internet first insurance platforms79₹7,058.03 cr~₹4.2 cr51%6.9%
Insurance it6₹121.92 cr~₹2.2 cr67%1.9%
Alternative lending5₹2.44 cr~₹2 lakh40%-14.6%
Leaders

Largest internet first insurance platforms companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
PolicybazaarPOLICYBAZAAR INSURANCE BROKERS PRIVATE LIMITED₹4,248.78 cr₹406.78 cr9.6%+50%
NaviNAVI LIMITED₹523.41 cr−₹355.64 cr-67.9%-32%
OneAssistONEASSIST CONSUMER SOLUTIONS PRIVATE LIMITED₹517.61 cr0.7%+17%
PB FintechPb Fintech Limited₹411.93 cr₹13.47 cr3.3%+14%
ServifySERVICE LEE TECHNOLOGIES PRIVATE LIMITED₹360.38 cr−₹43.72 cr-12.1%-5%
PolicyBossLANDMARK INSURANCE BROKERS PRIVATE LIMITED₹279.96 cr−₹30.28 cr-10.8%+28%
OnsitegoONSITE ELECTRO SERVICES PRIVATE LIMITED₹278.06 cr−₹10.63 cr-3.8%+16%
Zopper Insurance BrokersZOPPER INSURANCE BROKERS PRIVATE LIMITED₹277.44 cr₹26.53 lakh0.1%-30%
Vizza Insurance Broking ServicesVIZZA INSURANCE BROKING SERVICES PRIVATE LIMITED₹224.73 cr₹12.69 cr5.6%+108%
ACKOACKO TECHNOLOGY & SERVICES PRIVATE LIMITED₹207.57 cr−₹208.54 cr-100.5%+14%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full internet first insurance platforms landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the internet first insurance platforms landscape of India
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Internet first insurance platforms funding and M&A across India

260 recorded equity rounds have gone to 419 internet first insurance platforms companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months4

US$31.82m

equity rounds, last 24 months24

US$235.37m

raised over five yearsUS$1.87bn

124 rounds in India

M&A deals, India13

last 24 months

Capital by year

Equity funding into internet first insurance platforms in India

amount rounds
$134m201816
$308m201923
$737m202025
$718m202139
$391m202222
$470m202324
$53m202415
$235m202523
$020261

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2020, with US$736.79m across 25 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$6.67m13 rounds · median US$162k
SeedUS$68.96m50 rounds · median US$700k
Series AUS$398.97m20 rounds · median US$5.00m
Series BUS$133.26m9 rounds · median US$11.85m
Series CUS$383.80m11 rounds · median US$14.25m
Series D+US$876.53m20 rounds · median US$18.33m
Where the money went · five years

Most-funded sub-sectors

Internet first insurance platformsUS$1.06bn67 rounds · 32 companies
Auto e-commerce & contentUS$400.36m9 rounds · 3 companies
Consumer electronics e-commerceUS$158.72m10 rounds · 2 companies
Insurance distributionUS$117.35m7 rounds · 1 companies
Healthcare payer techUS$84.43m9 rounds · 2 companies
Insurance itUS$37.75m8 rounds · 3 companies
Crop techUS$9.08m4 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

11Acquisition
2Merger

Most active acquirers

  1. Federal bank2
  2. Life insurance corporation of india2
  3. Raise Financial1
  4. Raise financial services1
  5. Go Digit General Insurance1

Most acquired or merged

  1. Manipalcigna health insurance3
  2. Ageas federal life insurance2
  3. GreenLife Insurance1
  4. GreenLife Insurance Broking1
  5. Go Digit Infoworks Services1

Each deal appears in the events strip at the top of the page.

Internet first insurance platforms funding in India

64 internet first insurance platforms companies in India have recorded equity funding, US$3.40bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind internet first insurance platforms companies in India. 196 of 306 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India internet first insurance platforms companies by sub-sector

The most common specialisations among internet first insurance platforms companies in India. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring internet first insurance platforms in India and nearby markets.

Coming soon