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Funding and advertised pay are reported in USD; filed accounts retain their stated source currency and basis.

Exchange-rate basis

Indicative conversions use ECB reference rates dated 2026-09-14, applied consistently across all periods. They are not historical exchange rates. Indian rupees may use crore (1 crore = 10 million); other currencies use K, M and B. CSV downloads, source documents and quoted news headlines retain their original currencies.

THE INDIA EDITION 2026

India’s
insurtech industry,
in focus.

The companies, capital and talent shaping insurtech in India. Find the leaders. Understand the segments. See where the activity is.

Explore in Radar Read the key signals
Snapshot: Funding in USD
Illustrated cover for Insurtech Industry Landscape of India
IN
COMPANIES · CAPITAL · TALENT

An industry ecosystem,
measured in context.

Insurtech illustration
Companies tracked 562Insurtech ecosystem in India Disclosed funding $4.38B125 companies · all recorded rounds Companies hiring 95With open roles at the snapshot Tracked open roles 21120 employers posted in the preceding 30 days
MEET THE COMPANIES

Explore India’s insurtech leaders

24 featured companies from the funding, hiring, revenue and team-size leaderboards.

Expand panel +
Explore the full landscape
Insurtech company highlights in India, snapshot 2 September 2026
Company
ACKOacko.com$597.7M5 roles1,209—
Navinavi.com$465.34M6 roles698Financial figure available in RadarView in Radar
Digit Insurancegodigit.com$462.45M—805—
PB Fintechpbfintech.in$443.26M—152—
InsuranceDekhoinsurancedekho.com$401.98M7 roles2,020—
Perfiosperfios.ai$270.31M——Financial figure available in RadarView in Radar
Turtlemintturtlemint.com$220.08M—2,274Financial figure available in RadarView in Radar
Servifyservify.com$178.47M—422Financial figure available in RadarView in Radar
Policybazaarpolicybazaar.com—6 roles23,679—
BimaKavachbimakavach.com—5 roles22—
Goodgood.in—5 roles—$12.37MFYFY2025 filing
Metameta4u.in—5 roles——
Vizza Insurance Broking Servicesvizzainsurance.com—5 roles162$23.44MFYFY2025 filing
BUSINESSNEXTbusinessnext.com——1,248Financial figure available in RadarView in Radar
Care.ficarefi.in——32—
Heritage Health Insurance TPAheritagehealthtpa.in———$7.97MFYFY2025 filing
Medi Assistmediassist.in——51—
OnSurityonsurity.com——216—
OneAssistoneassist.in——295$51.71MFYFY2025 filing
OneInsureoneinsure.com——718$11.42MFYFY2025 filing
Onsitegoonsitego.com——733—
PBPartnerspbpartners.com————
Perfiosperfios.com——1,063—
RenewBuyrenewbuy.com——4,647Financial figure available in RadarView in Radar
24 featured companies

Locked revenue figures are available in Radar; the eight company financial previews stay the same throughout this page. A dash means the figure is outside these featured lists. Revenue years vary by company; the figures are not a like-for-like revenue comparison. Compare annual accounts ↗

Startup discovery

Recorded classifications only
THE KEY SIGNALS

Insurtech industry KPIs in India

A few useful ratios bring the size of this ecosystem into perspective.

2 September 2026
Hiring participation16.9%

95 of 562 tracked companies have open roles.

Funding participation23.3%

131 of 562 tracked companies have a recorded round.

Top 3 funding share34.8%

Share of disclosed capital received by the three largest recorded recipients.

Median disclosed round$1M

Midpoint of 365 rounds with a disclosed amount.

Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 34.8% of disclosed capital, while 76.7% of tracked companies have no recorded funding round.

Explore the segments →
CAPITAL & COMPANY FORMATION

How India insurtech has grown

Recorded company formation and disclosed funding across the complete annual series shown.

Expand panel +
2016 — 2025

Disclosed funding by year

Sum of recorded funding rounds · USD

India insurtech
$0$232.08M$464.15M$696.23M$928.31M2016: $40.64M20162017: $217.35M20172018: $163.25M20182019: $366.77M20192020: $753.1M20202021: $814.3M20212022: $584.71M20222023: $603.47M20232024: $245.95M20242025: $259.14M2025
View the numbers
Annual insurtech funding and company formation in India
YearFunding (USD)FoundedRaising
2016$40.64M3317
2017$217.35M3421
2018$163.25M2719
2019$366.77M5226
2020$753.1M5137
2021$814.3M4650
2022$584.71M3541
2023$603.47M3332
2024$245.95M3229
2025$259.14M2124
WHERE CAPITAL SITS

Funding concentration

Share of all disclosed company funding.

  • ACKO13.6%
  • Navi10.6%
  • Digit Insurance10.6%
  • Other companies65.2%

Funding by stage

397 recorded rounds since 2016

NUMBER OF ROUNDS
Seed & Angel242 61.0%
Series A–B79 19.9%
Series C+ / PE54 13.6%
Grants, debt & other22 5.5%

Recent recorded rounds

Latest recorded rounds · USD
5 rounds

Swipe or scroll horizontally to browse.

Grant (prize money)05/2026
Finsall —

Backed by HDFC Bank.

Series A04/2026
Pazcare $394.61K

Backed by 3one4 Capital and Akshay Gupta and others.

Series B03/2026
Plum $20.5M

Backed by Peak XV Partners and Tanglin Venture Partners and others.

Largest and notable recorded rounds

Each card is one recorded round
10 cards

Swipe or scroll horizontally to browse.

Angel03/2020
Navinavi.com$400.4M

Backed by Paresh Sukthankar and Samit Shetty and others.

Series D10/2021
ACKOacko.com$255M

Backed by Intact Ventures and Munich Re Ventures and others.

Series E05/2023
ACKOacko.com$136.8M

Backed by Multiples Alternate Asset Management and CPP Investments and others.

THE BUSINESS BEHIND THE ACTIVITY

Revenue, profitability & financial strength

Annual accounts for reporting companies linked to this landscape, on like-for-like currency and reporting bases.

Expand panel +
₹ crore · standalone

Display conversions use the dated reference rates above. Where a verified rate is unavailable, figures retain their source currency. Each reporting cohort keeps its currency and accounting basis separate.

FY2025 · annual statements grouped by reported fiscal year; exact entity periods remain on preview rows · 227 reporting entities from 279 eligible matches.

Revenue in covered accounts₹11,616.7 crore

Sum of reporting-entity revenue; not India market sales.

Net profit / loss₹-305.2 crore

Combined result for the same cohort.

Aggregate net margin-2.6%

Combined net income ÷ combined revenue.

Median company revenue₹3.2 crore

The middle covered reporting entity.

Profitable entities+52.4%

119 of 227 covered entities.

Top-five concentration+51.1%

Share of covered revenue from the five largest entities.

Annual account trend

Reported cohort totals by year; coverage is stated for every period.

Bar height shows revenue. Changes in coverage can affect totals.

Profitability has two perspectives

FY2025 · 227 reporting entities

Open the company accounts

Up to eight fixed company previews show financial amounts. Search and sort the wider company list, then continue in Radar.

227 reporting entities
Continue your financial research in Radar

Explore full company accounts and filings.

View financials in Radar ↗
INDIA · INDUSTRY COHORTS

How does insurtech compare?

Each pair uses the same year, currency and reporting basis. Cohort overlap is disclosed.

IndustryCovered / eligibleRevenue totalMedian revenueNet profit / lossAggregate marginProfitable shareOverlap

Available-account cohorts are not estimates of whole industries. Overlapping entities can occur in more than one cohort; do not add cohort totals.

Coverage, calculations & financial sources

Filed annual accounts for exact designated national identifiers. Every aggregate and peer pair uses one fiscal year, source currency and reporting basis; periods, coverage and overlap are explicit; 2026 partials are excluded.

The same up to eight reporting entities remain open across years, filters and sorts. Other company figures are available in Radar.

Source currencies and accounting bases stay separate. Missing accounts are excluded rather than treated as zero. Exact reporting periods appear on company previews. Annual totals can change with coverage and do not measure growth of a fixed company cohort.

DIGITAL FOOTPRINT

Web traffic, app reach and release cadence

How the India companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.

Busiest websites

21 of the 563 companies on this page carry a measured traffic record (3.7%); these are the largest of those, by monthly visits. The median among them is 296,837 visits.

CompanyMonthly visitsAuthorityMobile
Policybazaarpolicybazaar.com36,713,1108194.5%
Navinavi.com5,885,7475399%
ACKOacko.com4,261,2876292.2%
Digit Insurancegodigit.com2,675,0076782.1%
Medi Assistmediassist.in1,166,5374769.1%
ManipalCigna Health Insurancemanipalcigna.com705,6665688.9%
InsuranceDekhoinsurancedekho.com688,0225168.3%
PBPartnerspbpartners.com447,8214317.2%
PolicyXpolicyx.com351,2164591.6%
Turtlemintturtlemintinsurance.com318,3313067.6%

Visits and authority are third-party web estimates, not company-reported figures.

Most-installed apps

119 of these companies (21.1%) publish at least one Android app — 200 apps in all, carrying 258.4M installs between them.

AppInstallsRatingStore category
Navi: UPI, Payments, InsuranceNavi178.6M4.5Finance
Policybazaar - Buy InsurancePolicybazaar35.7M4.5Finance
ACKO InsuranceACKO20.5M4.6Finance
Digit InsuranceDigit Insurance6.3M4.5Finance
TurtlemintPro - Sell InsuranceMintpro5.1M4Finance
OneAssist: Protection+WarrantyOneAssist2.8M4.5Lifestyle
Onsurity – Employee HealthcareOnSurity691.7K—Health & Fitness
LiveChekLiveChek614.5K4.5Productivity
Onsitego - Repair & ServiceOnsitego497.5K—House & Home
CoverSure: Insurance made easyCoverSure497.3K—Finance

Installs are lifetime totals to date at the June 2026 store reading — a measure of reach, not of people using an app today.

App reach by segment

The busiest app inside each of this page’s own segments, with the quarterly release trend behind it (2023Q4–2026Q2).

SegmentAppsInstallsLeading appRelease trend
Internet First Insurance Platforms125249.9MNavi: UPI, Payments, Insurance 178.6M
Alternative Lending7178.8MCredit Wise Capital 207.7K
Investment Tech11178.7M5nance - Wealth Management 81.2K
Auto E-Commerce & Content2021.3MACKO Insurance 20.5M
Auto Retail & Aftersales420.7MQuickinsure 215.8K
Insurance It827.8MTurtlemintPro - Sell Insurance 5.1M
Consumer Electronics E-Commerce32.8MOneAssist: Protection+Warranty 2.8M
Employer Insurance111.4MOnsurity – Employee Healthcare 691.7K

A company can carry several segment tags, so these rows overlap and should not be added together. Trend lines are zero-based and share one quarter grid, so a flat line is a quiet segment, not a missing one.

Release cadence by quarter

New apps published, beside apps whose most recent update landed in that quarter — the second bar is how much of the shelf is still being maintained.

2022Q4: 42022Q4: 02022Q42023Q3: 42023Q3: 42023Q32023Q4: 22023Q4: 32023Q42024Q1: 32024Q1: 12024Q12024Q2: 12024Q2: 12024Q22024Q3: 42024Q3: 72024Q32024Q4: 62024Q4: 42024Q42025Q1: 22025Q1: 32025Q12025Q2: 32025Q2: 132025Q22025Q4: 42025Q4: 202025Q42026Q1: 12026Q1: 342026Q1

Darker bars are new releases, lighter bars apps updated. 76 of 200 apps carry a release date. The series ends at 2026Q1, the last quarter that closed before the June 2026 reading.

INSIDE THE INDUSTRY

The India insurtech market map

Explore the segments behind the headline numbers.

Expand panel +

Where companies are building

Rank segments by scale, hiring or disclosed funding.

Fintech543
Enterprise tech337
Consumer digital277
Enterprise software205
Insurance distribution platforms124
Saas121
Internet first insurers120
Insurtech saas99
Fintech saas99
Banking tech61
Usage based insurance54
Healthtech44

Companies can sit in several segments. Counts and funding overlap.

SEGMENT TO EXPLORE

Fintech

The largest measured segment in this report snapshot.

543companies
17.1%have hiring activity

93 companies hiring · $4.38B disclosed funding

Explore in Radar

How companies make money

Common revenue models; a company can use more than one.

Subscription365
Commission on transaction300
Fee-for-service126
E-commerce - service121
E-commerce - product50
Advertising18
Physical commerce13
Lending11
THE COMPANIES IN MOTION

Who is listing, hiring leaders, launching and winning work

Recorded corporate activity linked to companies in this landscape.

Expand panel +
Recent corporate headlines 10 dated reports
IPO activityacko.com ↗

New-age insurance company Acko is preparing to make a confidential filing for its initial public offering (IPO), aiming to raise around $250 million, according to people familiar with the matter.

Funding roundsplumhq.com ↗

Plum Benefits Private Limited, a employee health benefits platform, has raised ₹193 crore from a Series B fundraise led by Peak XV Partners, with participation from Tanglin Venture Partners and GMO Venture Partners.

IPO activityzopper.com ↗

Insurance tech firm Zopper on Thursday said it expects to close the ongoing financial year with a Gross Written Premium (GWP) exceeding Rs 1,000 crore and aims to go public in 2028-29.

Funding roundsinsurancedekho.com ↗

Founded: 2016 | Headquarters: Gurugram | Total Funding: $362 million

Funding roundscarefi.in ↗

Care.fi landed $8 million to help hospitals in India run better and faster…

Funding roundspbfintech.in ↗

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 inorganic growth opportunities.

IPO activityturtlemint.com ↗

A new issue of equity shares up to INR 660.7 Cr and an offer-for-sale (OFS) component of up to 2.86 Cr shares would make up the company's proposed public listing.

Funding roundsarya.ai ↗

With farmers facing greater climate‑related threats to their livelihoods, the company is expanding its services with funding from climate‑focused GEF Capital Partners, a spinout from the multilateral Global Environment Fund. GEF led Arya’s 7.3 billion‑rupee ($80.5 million) Series D equity round.

Mergers & acquisitionsgodigit.com ↗

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

Funding roundsmediassist.in ↗

Shardul Amarchand Mangaldas & Co. (SAM) advised Medi Assist Healthcare Services Limited (“Medi Assist”) on its ~INR 198 crores fundraise through preferential issue of equity shares to Massachusetts Institute of Technology (MIT) and 238 Plan Associates LLC (collectively, the “Investors”).

Full recorded event mix

Top 10 categories among 392 recorded events in the 24-month window.

Earnings
122
Funding rounds
82
Leadership moves
62
Mergers & acquisitions
32
New products
23
Company announcements
22
IPO activity
11
Regulatory
11
Capital infusions
9
Layoffs
7
7 activity cards

Swipe or scroll horizontally to browse.

Leadership moves

11 tracked people moves

ACKO ↗
Ashish Mishra

Resignation Previously Chief Marketing Officer

Perfios ↗
Veena Rao

Appointment Chief Operating Officer

Perfios ↗
Nitin Chugh

Appointment Group CEO

ACKO ↗
Nitin Khanna

Appointment Chief Marketing Officer

Zopper ↗
Rahul Singh

Appointment Chief Financial Officer

Tarun Mathur

Resignation Previously Chief Executive Officer and Principal Officer

PB Fintech ↗
Amrita Pandey

Appointment Group HR Head

Sajja Praveen Chowdary

Appointment Chief Executive Officer, Principal Officer, Whole-time Director

Product launches

Products, platforms and features in the recorded window

Talisma ↗
Autonomous Customer Operations Platform

Platform

Zopper ↗
ZENOVA

Insurance distribution layer

Perfios ↗
Nexus 360

credit decisioning platform

Impactsure ↗
SureMatch

Agentic AI platform for Global Trade

Navi ↗
EV Recharge via Banking Connect

UPI Feature

Navi ↗
Reserve Pay

UPI Feature

Contract wins

2 recorded customer wins

Medi Assist ↗

Customer: star health and allied insurance company limitedHealth Insurance

iNube ↗

Customer: sonata softwareInsurance

Workforce actions

2 companies with reported reductions

ACKO ↗

60 rolesAI integration

Zopper ↗

100 rolesfinancial pressures

Regulatory events

14 recorded events

issued GST demand and penalty

issued tax demandOffice of the Assistant Commissioner of Income Tax, Central Circle 6(2), Mumbai

license renewedInsurance Regulatory and Development Authority of India (IRDAI)

PB Fintech ↗

approved for payment aggregation servicesReserve Bank of India

Litigation

5 tracked suits

Company
Muthoot Insurance Brokers v Thomas P Rajan, Ranjit Kumar Ramachandran

misappropriation of employee reward incentivesCriminal · Filed

Company
Securities and Exchange Board of India (SEBI) v Yashish Dahiya, pb fintech

Insider trading / failure to identify unpublished price sensitive informationRegulatory · Settled

Earnings pulse

Reported company results in the recorded window.

13companies
110period observations
34.3%median reported growth

Median across 96 reported growth observations; companies may contribute multiple periods.

Mergers and acquisitions

Company-linked deal reports; status is preserved as recorded.

Acquirer → targetStatusDateValue / context
lic→ManipalCigna Health Insurance ↗Rumored2026-03-18Not stated in snapshot
indus net technologies→RankTech Solutions ↗Announced2026-02-04Not stated in snapshot
Care.fi→AldunAnnounced2026-01-22Not stated in snapshot
Digit Insurance→Go Digit Infoworks ServicesAnnounced2025-12-29Not stated in snapshot
Girnar Finserv→SeedsAIAnnounced2025-12-02Not stated in snapshot
federal bank→Ageas Federal ↗Completed2025-11-13Not stated in snapshot

A discussion or rumour is not a completed transaction. An unstated value is not zero.

PEOPLE & OPPORTUNITY

The talent market

1,188 postings in the preceding 12 months. The full 1,335-posting snapshot covers 106 employers.

Expand panel +

Most advertised job titles

Business Development Manager37
Sales Manager29
Relationship Manager21
Territory Sales Manager11
Area Head10
Regional Sales Manager9
6 internship postings

7 tracked postings mention remote work.

The seniority mix

821 postings specify a level.

manager
544
unspecified
514
senior
138
lead
82
intern
29
entry
28

Skills employers mention

Top skills across 1,335 tracked postings in the available jobs snapshot.

Sales
277
Negotiation
146
Communication
124
Relationship Management
116
Customer Service
116
Communication Skills
113
Business Development
97
Lead Generation
95
Data Analysis
76
Crm Software
62
ADVERTISED PAY$7.8K/ year

Median across 149 postings with pay data, expressed in USD.

Salary by seniority

manager$7.2K/ year87 postings

Advertised posting medians do not describe all employees or roles.

THE PEOPLE BUILDING THE FIELD

Founders and leaders

572 founders and chief executives across 358 companies.

Expand panel +
12 profiles

Swipe or scroll horizontally to browse.

Education networks

104 profiles with education records.

IIT Delhi
15
IIM Ahmedabad
13
IIT Bombay
12
IIM Calcutta
8
IIT Kanpur
7
IIM Bangalore
5
BITS Pilani
5
Indian School of Business
5

Prior employers

29 profiles with prior-work records.

Microsoft
6
McKinsey
4
Amazon
3
Bain
3
Cisco
2
Boston Consulting Group
2
Google
2
Intel
2

Profiles cover recorded founders and leaders; contact details remain in Radar.

NEWS INTELLIGENCE

How this industry appears in the news

1,401,368 articles in the measured 12-month window.

Expand panel +
1,401,368articles in the measured year
365,581articles in 2026Q1
60.7%positive tone in the latest complete year

News volume trends

Insurtech coverage across India · articles per complete quarter

0127,088254,175381,263508,3512021Q2: 200,6332021Q22021Q3: 212,2442021Q4: 184,0442022Q1: 217,1752022Q2: 230,2192022Q22022Q3: 263,2332022Q4: 270,5702023Q1: 306,2342023Q2: 274,1192023Q22023Q3: 297,6262023Q4: 267,8612024Q1: 290,5622024Q2: 294,2842024Q22024Q3: 322,2822024Q4: 335,8002025Q1: 384,5042025Q2: 326,7672025Q22025Q3: 442,0442025Q4: 274,6712026Q1: 365,5812026Q1
View quarterly article counts
QuarterArticles
2021Q2200,633
2021Q3212,244
2021Q4184,044
2022Q1217,175
2022Q2230,219
2022Q3263,233
2022Q4270,570
2023Q1306,234
2023Q2274,119
2023Q3297,626
2023Q4267,861
2024Q1290,562
2024Q2294,284
2024Q3322,282
2024Q4335,800
2025Q1384,504
2025Q2326,767
2025Q3442,044
2025Q4274,671
2026Q1365,581

Article volume measures coverage, not market sales.

Tone of coverage over time

2021
384,769 positive · 44,585 neutral · 205,482 negative
2022
613,980 positive · 70,730 neutral · 294,994 negative
2023
751,478 positive · 82,564 neutral · 310,284 negative
2024
810,797 positive · 120,975 neutral · 309,423 negative
2025
865,799 positive · 175,899 neutral · 384,090 negative

Leading coverage topics

Insurtech coverage across India · ranked by full-period article count.

Geopolitical Disputes And Contested Areas300,368 articles in the full recorded period
108,119 recent · 81,398 prior
International And Transnational Geographic Entities300,348 articles in the full recorded period
108,111 recent · 81,397 prior
Administrative And Political Subdivisions300,292 articles in the full recorded period
108,088 recent · 81,386 prior
International Sports Competitions110,785 articles in the full recorded period
27,016 recent · 26,702 prior
International Political Relations73,169 articles in the full recorded period
22,904 recent · 15,328 prior
New Product Launches And Innovations58,527 articles in the full recorded period
17,630 recent · 13,601 prior
Cricket Test Matches54,874 articles in the full recorded period
13,480 recent · 11,877 prior
Political Party Dynamics53,985 articles in the full recorded period
11,562 recent · 11,153 prior
Strategic Partnerships And Collaborations50,552 articles in the full recorded period
15,586 recent · 11,470 prior
Trade Policies And Agreements46,802 articles in the full recorded period
22,770 recent · 11,676 prior

Recent and prior counts use the source comparison windows.

Topics gaining and losing attention

Insurtech coverage across India

KeywordRecentPriorChange
tariff negotiations11,6185,679105%
bilateral trade4,6102,43789%
trade dispute mechanisms4,5112,203105%
trade barrier reduction4,4962,44084%
trade facilitation commitments4,3272,20197%
countries4,1931,860125%
free trade deals4,0782,42968%
multilateral diplomacy3,9182,72344%
diplomatic strategies3,8142,35062%
bilateral trade imbalance3,2812,04461%
odi cricket6,0439,670-38%
limited overs cricket5,7839,320-38%
odi tactics5,6378,759-36%
odi series5,2628,334-37%
odi tournaments5,0378,078-38%

Event and signal lenses

Insurtech coverage across India

All complete annual cohorts shown
Rising

Regulatory Risk

1,805,778 classified articles

territories, disputed islands, test cricket

43.4% critical · 27.5% positive
Rising

Funding Momentum

236,917 classified articles

pre-ipo valuation, ipo prospectus, ipo pricing

48.9% critical · 46.9% positive
Rising

Growth

516,188 classified articles

gdp growth rate, economic output growth, economic growth statistics

46.9% critical · 50.8% positive

Insurtech coverage across India. Topic labels describe recorded classifications and can include broad context.

DEMAND, SUPPLY & PLACE

Where demand signals run ahead of mapped supply — India

Compare demand signals in India’s newsflow with the insurtech categories mapped to each signal.

Expand panel +
HOW TO READ THE GAP

Signal percentile − supply percentile = gap in percentile points. Positive gaps highlight questions to investigate. A high signal can reflect spending pressure or access friction, as well as potential demand.

The comparison is relative to the signal families on this page. A supply percentile of zero means the lowest relative reading, not zero companies. It is a prioritisation clue, not measured market size or unmet demand.

COMPARISON PERIOD2025-05-01 to 2026-05-01Against 2024-05-01 to 2025-05-01Explore the signals ↓

The opportunity, in one view

Signal and mapped-supply percentiles, their gap, and change in the signal’s article share.

Swipe horizontally to compare all columns →

8 India demand signals compared with mapped insurtech supply
Signal familySignal percentileSupply percentileRelative gapGap (points)Signal share vs prior year
Interest rates & policy ↗Macro Pressure57.10.0+57.1+20.7%
Layoffs & income shocks ↗Spending Pressure71.475.0-3.6+77.0%
Fraud, scams & consumer trust ↗Trust Friction42.975.0-32.1+67.8%
Market volatility ↗Macro Pressure57.1—No matching category—+39.7%
Crypto & digital assets ↗Adoption Shift50.0—No matching category—+139.3%
Lending & credit access ↗Demand Driver28.6—No matching category—+17.8%
Financial inclusion ↗Demand Driver42.9—No matching category—+52.4%
Data & privacy regulation ↗Compliance Pressure50.0—No matching category—+177.7%

Showing all 8 signals. Select a family for its history and mapped categories.

Where the signals are loudest

All 12 city readings for these demand families in the comparison geography. India is highlighted.

Mentions per 10,000 articles

Each city’s reading is a share of its own coverage.

Chungcheongbuk-Do134.0

Data & privacy regulation · Fraud, scams & consumer trust · Layoffs & income shocks

Maharashtra119.1

Interest rates & policy · Market volatility · Lending & credit access

Karnataka67.4

Layoffs & income shocks · Lending & credit access · Fraud, scams & consumer trust

Kashmir53.8

Market volatility · Interest rates & policy · Financial inclusion

Gujarat50.5

Market volatility · Lending & credit access · Financial inclusion

Tamil Nadu45.5

Lending & credit access · Financial inclusion · Layoffs & income shocks

Andhra Pradesh39.3

Data & privacy regulation · Lending & credit access · Financial inclusion

Delhi37.2

Layoffs & income shocks · Fraud, scams & consumer trust · Interest rates & policy

Chhattisgarh34.3

Financial inclusion · Lending & credit access · Fraud, scams & consumer trust

Haryana34.2

Market volatility · Fraud, scams & consumer trust · Lending & credit access

Telangana34.0

Layoffs & income shocks · Fraud, scams & consumer trust · Data & privacy regulation

Jammu And Kashmir32.7

Market volatility · Fraud, scams & consumer trust · Lending & credit access

Inside the leading signals

Open any signal for its quarterly history
MACRO PRESSUREInterest rates & policy+57.1percentile-point gap
THE OPERATING HYPOTHESIS

Rate moves can reprice every loan book — lending and deposit products feel it first.

19.37mentions per 10,000 articles+20.7%share change vs prior year

Mapped insurtech categories

  • Banking Tech61

Companies can appear in multiple categories; these counts are not a unique-company total.

Quarterly share of India coverage

Mentions per 10,000 articles · zero baseline

081624322024Q3: 132024Q32024Q4: 182024Q42025Q1: 152025Q12025Q2: 172025Q22025Q3: 272025Q32025Q4: 172025Q42026Q1: 122026Q1
View quarterly signal counts
Interest rates & policy in India coverage
QuarterMentionsPer 10,000 articles
2024Q369713.65
2024Q492618.28
2025Q174715.92
2025Q267417.87
2025Q3134127.81
2025Q464117.24
2026Q161112.95

Where this signal concentrates in the comparison geography

Maharashtra40.1 / 10,000
Delhi6.9 / 10,000
Gujarat6.1 / 10,000
SPENDING PRESSURELayoffs & income shocks-3.6percentile-point gap
THE OPERATING HYPOTHESIS

Layoff cycles can pull discretionary spend back toward value offerings.

11.25mentions per 10,000 articles+77.0%share change vs prior year

Mapped insurtech categories

  • Insurance Distribution Platforms124
  • Internet First Insurers120
  • Insurtech Saas99
  • Usage Based Insurance54

Companies can appear in multiple categories; these counts are not a unique-company total.

Quarterly share of India coverage

Mentions per 10,000 articles · zero baseline

04711142024Q3: 72024Q32024Q4: 42024Q42025Q1: 62025Q12025Q2: 92025Q22025Q3: 122025Q32025Q4: 102025Q42026Q1: 82026Q1
View quarterly signal counts
Layoffs & income shocks in India coverage
QuarterMentionsPer 10,000 articles
2024Q33727.29
2024Q42294.52
2025Q13246.91
2025Q23479.2
2025Q359112.25
2025Q438710.41
2026Q14238.96

Where this signal concentrates in the comparison geography

Karnataka21.4 / 10,000
Maharashtra11.3 / 10,000
TRUST FRICTIONFraud, scams & consumer trust-32.1percentile-point gap
THE OPERATING HYPOTHESIS

Trust friction can reward whoever fixes service, complaints and fraud handling.

5.91mentions per 10,000 articles+67.8%share change vs prior year

Mapped insurtech categories

  • Insurance Distribution Platforms124
  • Internet First Insurers120
  • Insurtech Saas99
  • Usage Based Insurance54

Companies can appear in multiple categories; these counts are not a unique-company total.

Quarterly share of India coverage

Mentions per 10,000 articles · zero baseline

024672024Q3: 22024Q32024Q4: 42024Q42025Q1: 42025Q12025Q2: 42025Q22025Q3: 62025Q32025Q4: 62025Q42026Q1: 52026Q1
View quarterly signal counts
Fraud, scams & consumer trust in India coverage
QuarterMentionsPer 10,000 articles
2024Q31142.23
2024Q42234.4
2025Q12294.88
2025Q21534.06
2025Q32916.03
2025Q42416.48
2026Q12675.66

Where this signal concentrates in the comparison geography

Karnataka9.7 / 10,000
MACRO PRESSUREMarket volatility—supply not mapped
THE OPERATING HYPOTHESIS

Volatility can drive trading, hedging and advice-seeking in the same week it spikes.

13.02mentions per 10,000 articles+39.7%share change vs prior year

Mapped insurtech categories

This signal has no matching category in the page’s insurtech market map, so no supply percentile or gap is assigned.

Quarterly share of India coverage

Mentions per 10,000 articles · zero baseline

04913172024Q3: 62024Q32024Q4: 92024Q42025Q1: 102025Q12025Q2: 152025Q22025Q3: 142025Q32025Q4: 102025Q42026Q1: 122026Q1
View quarterly signal counts
Market volatility in India coverage
QuarterMentionsPer 10,000 articles
2024Q33426.7
2024Q44609.08
2025Q150410.74
2025Q257315.19
2025Q369514.41
2025Q438610.38
2026Q158612.42

Where this signal concentrates in the comparison geography

Kashmir41.3 / 10,000
Maharashtra31.9 / 10,000
Haryana13.7 / 10,000
ADOPTION SHIFTCrypto & digital assets—supply not mapped
THE OPERATING HYPOTHESIS

Crypto cycles can pull exchange, wallet and compliance demand in waves.

5.0mentions per 10,000 articles+139.3%share change vs prior year

Mapped insurtech categories

This signal has no matching category in the page’s insurtech market map, so no supply percentile or gap is assigned.

Quarterly share of India coverage

Mentions per 10,000 articles · zero baseline

023572024Q3: 12024Q32024Q4: 22024Q42025Q1: 22025Q12025Q2: 22025Q22025Q3: 62025Q32025Q4: 52025Q42026Q1: 42026Q1
View quarterly signal counts
Crypto & digital assets in India coverage
QuarterMentionsPer 10,000 articles
2024Q3861.68
2024Q41052.07
2025Q11252.66
2025Q2982.6
2025Q32916.03
2025Q41955.24
2026Q12084.41

Where this signal concentrates in the comparison geography

Karnataka7.5 / 10,000
Andhra Pradesh5.0 / 10,000
DEMAND DRIVERLending & credit access—supply not mapped
THE OPERATING HYPOTHESIS

Credit demand can pull origination, underwriting and collections capacity with it.

8.46mentions per 10,000 articles+17.8%share change vs prior year

Mapped insurtech categories

This signal has no matching category in the page’s insurtech market map, so no supply percentile or gap is assigned.

Quarterly share of India coverage

Mentions per 10,000 articles · zero baseline

04711142024Q3: 52024Q32024Q4: 72024Q42025Q1: 92025Q12025Q2: 102025Q22025Q3: 122025Q32025Q4: 52025Q42026Q1: 52026Q1
View quarterly signal counts
Lending & credit access in India coverage
QuarterMentionsPer 10,000 articles
2024Q32795.46
2024Q43627.15
2025Q14519.61
2025Q238410.18
2025Q360712.59
2025Q42115.67
2026Q12725.76

Where this signal concentrates in the comparison geography

Maharashtra13.6 / 10,000
Karnataka12.1 / 10,000
Tamil Nadu11.0 / 10,000
DEMAND DRIVERFinancial inclusion—supply not mapped
THE OPERATING HYPOTHESIS

Inclusion pushes can pull low-cost payment and credit rails toward new users.

6.44mentions per 10,000 articles+52.4%share change vs prior year

Mapped insurtech categories

This signal has no matching category in the page’s insurtech market map, so no supply percentile or gap is assigned.

Quarterly share of India coverage

Mentions per 10,000 articles · zero baseline

0358102024Q3: 32024Q32024Q4: 42024Q42025Q1: 52025Q12025Q2: 52025Q22025Q3: 82025Q32025Q4: 42025Q42026Q1: 62026Q1
View quarterly signal counts
Financial inclusion in India coverage
QuarterMentionsPer 10,000 articles
2024Q31813.54
2024Q42144.23
2025Q12525.37
2025Q21985.25
2025Q34238.77
2025Q41764.73
2026Q12846.02

Where this signal concentrates in the comparison geography

Chhattisgarh10.7 / 10,000
Tamil Nadu9.5 / 10,000
Maharashtra9.0 / 10,000
COMPLIANCE PRESSUREData & privacy regulation—supply not mapped
THE OPERATING HYPOTHESIS

Privacy rules can land as engineering requirements — consent, data handling and audit tooling follow.

4.29mentions per 10,000 articles+177.7%share change vs prior year

Mapped insurtech categories

This signal has no matching category in the page’s insurtech market map, so no supply percentile or gap is assigned.

Quarterly share of India coverage

Mentions per 10,000 articles · zero baseline

024572024Q3: 12024Q32024Q4: 12024Q42025Q1: 22025Q12025Q2: 22025Q22025Q3: 22025Q32025Q4: 62025Q42026Q1: 52026Q1
View quarterly signal counts
Data & privacy regulation in India coverage
QuarterMentionsPer 10,000 articles
2024Q3531.04
2024Q4801.58
2025Q11192.54
2025Q2782.07
2025Q31092.26
2025Q42276.1
2026Q12705.72

Where this signal concentrates in the comparison geography

Chungcheongbuk-Do111.3 / 10,000
Andhra Pradesh9.5 / 10,000
RESEARCH & CHANGING CONVERSATIONS

Related research and changing coverage

India insurtech coverage

Expand panel +
RESEARCH CONTEXT · 2018

Predicting the intention to use mobile banking in India

International Journal of Bank Marketing

330 citations in the snapshot

RESEARCH CONTEXT · 2017

Extending health insurance to the poor in India: An impact evaluation of Rashtriya Swasthya Bima Yojana on out of pocket spending for healthcare

Social Science & Medicine

282 citations in the snapshot

RESEARCH CONTEXT · 2017

Impact of Publicly Financed Health Insurance Schemes on Healthcare Utilization and Financial Risk Protection in India: A Systematic Review

PLoS ONE

244 citations in the snapshot

RESEARCH CONTEXT · 2018

Efficiency and technology gaps in Indian banking sector: Application of meta-frontier directional distance function DEA approach

The Journal of Finance and Data Science

241 citations in the snapshot

What is growing in this coverage

India coverage of this page's demand families

KeywordRecent articlesPrior articlesShare change
crude oil prices17851290.8%
cardless atm access7323255.4%
ai hardware9731250.4%
cloud infrastructure10536226.6%
commodity futures265107177.3%
contactless mobile payments5222164.7%

Share changes describe coverage in the stated comparison periods, not search demand or market size.

GEOGRAPHIC FOOTPRINT

Where companies are based

Company counts, hiring and disclosed funding across the recorded hubs.

Expand panel +
8 cards

Swipe or scroll horizontally to browse.

UNDERSTAND THE LANDSCAPE

Insurtech in India: key questions

Clear definitions for making better comparisons.

What does this landscape measure?

It measures the tracked company ecosystem, recorded funding, hiring and other available evidence. It is not a market-size estimate.

Can segment counts be added together?

No. A company can belong to several segments, so segment counts and funding can overlap.

What does a missing figure mean?

A dash or unavailable panel means the current reviewed source snapshot does not support that figure.

KEEP EXPLORING

Put India in context

All landscapes ↗

Company ecosystem snapshot: 2 September 2026. Funding is recorded in USD; filed accounts retain their stated currency and reporting basis. Each section identifies its own coverage. The news and research behind these sections is explorable in Prism.

Canonical landscape ↗
Coming soon