Mark Fitz
This article showcases our top picks for the best Indian based Insurance companies. These startups and companies are taking a variety of approaches to innovating the Insurance industry, but are all exceptional companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups and companies for exceptional performance in one of these categories:
- Innovation
- Innovative ideas
- Innovative route to market
- Innovative product
- Growth
- Exceptional growth
- Exceptional growth strategy
- Management
- Societal impact
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Top Indian Insurance Startups
Data sourced from Crunchbase and SemRush.
MediBuddy
Crunchbase Website Twitter Facebook Linkedin
MediBuddy is a digital healthcare platform for inpatient hospitalization, outpatient services, and corporate wellness benefits.
RenewBuy
Crunchbase Website Twitter Facebook Linkedin
Simplest way to renew your car insurance. Get quote and insure your car in couple of minutes
Axis Bank
Crunchbase Website Twitter Facebook Linkedin
Axis Bank is a banking institution offering commercial, corporate and retail banking, and treasury operations.
Bimaplan
Crunchbase Website Twitter Facebook Linkedin
Affordable Insurance for the next billion Indians
MyMoneyMantra
Crunchbase Website Twitter Facebook Linkedin
MyMoneyMantra is India’s largest phy-gital (physical-digital) consumer & business finance marketplace.
Vivriti Capital
Crunchbase Website Twitter Facebook Linkedin
Vivriti Capital is a marketplace for small enterprises and individuals that lack efficient access to financial services.
Digit Insurance
Crunchbase Website Twitter Facebook Linkedin
Digit Insurance is a financial services company that general insurance services.
Turtlemint
Crunchbase Website Twitter Facebook Linkedin
Turtlemint is an insurtech platform that identifies and purchases appropriate insurance policies for consumers.
BankBazaar.com
Crunchbase Website Twitter Facebook Linkedin
BankBazaar.com is a neutral online marketplace that gives instant customized rate quotes on loans and insurance products.
SBI Life
Crunchbase Website Twitter Facebook Linkedin
SBI Life is one of the life insurance company that offers a range of life insurance plans and policies to protect you and your family.
Coverfox Insurance
Crunchbase Website Twitter Facebook Linkedin
Coverfox Insurance is an insurtech platform that provides hassle-free online insurance broking services.
True Balance
Crunchbase Website Twitter Facebook Linkedin
True Balance is a digital wallet that enables users to access utility bill payment and other financial products.
IDfy
Crunchbase Website Twitter Facebook Linkedin
IDfy is a people information company helping companies combat fraud by providing services such as background verifications.
Star Health and Allied Insurance
Crunchbase Website Twitter Facebook Linkedin
Star Health and Allied Insurance provides affordable Medical Insurance, Accident Insurance, Travel Insurance Plans.
Riskcovry
Crunchbase Website Twitter Facebook Linkedin
Riskcovry is an “Insurance-in-a-box” model offers a one-stop-shop platform to cater to any business’s digital insurance needs.
ICICI Prudential Life Insurance
Crunchbase Website Twitter Facebook Linkedin
ICICI Prudential Life Insurance Company Ltd. is one of the life insurance players in India and it has assets held over Rs. 100,000 Cr.
PolicyBazaar
Crunchbase Website Twitter Facebook Linkedin
PolicyBazaar designs an online life insurance and general insurance comparison portal that analyzes financial products.
Artivatic.ai
Crunchbase Website Twitter Facebook Linkedin
Artivatic’s patent pending technology solves complex problems in Insurance for On-boarding, Fraud, Risk Profiling, Underwriting & claims.
Max Financial Services
Crunchbase Website Twitter Facebook Linkedin
A newly-formed entity that owns around a 72% stake in Indian life insurance company
ICICI Lombard General Insurance
Crunchbase Website Twitter Facebook Linkedin
ICICI Lombard General Insurance is a private sector general insurance company in India.
Toffee Insurance
Crunchbase Website Twitter Facebook Linkedin
Toffee Insurance provides the only insurance plan you’ll ever need.
Vital
Crunchbase Website Twitter Facebook Linkedin
Vital offers tailor-made, comprehensive and pocket-friendly health plans for every individual need.
Wellthy Therapeutics
Crunchbase Website Twitter Facebook Linkedin
Wellthy is a digital therapeutics company focused on improving patient health through proven clinical interventions and behavioral model
FINO PayTech
Crunchbase Website Twitter Facebook Linkedin
FINO PayTech is a thought leader, innovator and implementer of technology solutions.
GramCover
Crunchbase Website Twitter Facebook Linkedin
GramCover develops online based insurance brokerage marketplace.
Cholamandalam
Crunchbase Website Twitter Facebook Linkedin
Cholamandalam is an Indian assurance firm that provides a range of assurance schemes for corporate and individual clients.
Lemnisk
Crunchbase Website Twitter Facebook Linkedin
Real-time Marketing Automation Built on Customer Data Platform
InsuranceDekho
Crunchbase Website Twitter Facebook Linkedin
InsuranceDekho is an omnichannel insurance platform.
Ujjivan Financial Services
Crunchbase Website Twitter Facebook Linkedin
Provide full range of financial services to the economically active poor to build better lives.
Wishleaf
Crunchbase Website Twitter Facebook Linkedin
Wishleaf is a digital insurance company that offers customized solutions for general insurance.
DocPrime
Crunchbase Website Twitter Facebook Linkedin
DocPrime offers a one-stop healthcare solution right at the comfort of patients’ homes.
Max Bupa
Crunchbase Website Twitter Facebook Linkedin
Max Bupa provides affordable health insurance plans.
Nova Benefits
Crunchbase Website Twitter Facebook Linkedin
Nova Benefits operates as a B2B health insurance platform.
IntelleGrow
Crunchbase Website Twitter Facebook Linkedin
IntelleGrow provides debt finance and skills support to small and growing businesses in India.
Hoopy
Crunchbase Website Twitter Facebook Linkedin
HOOPY is an initiative which provides solutions to all your Vehicle related worries through innovative technology and crisp operations.
FundsIndia
Crunchbase Website Twitter Facebook Linkedin
FundsIndia.com known for its, zero-cost, automated mutual fund investment services.
Alliance Insurance Brokers
Crunchbase Website Twitter Facebook Linkedin
Alliance Insurance Brokers is a strong player in B2B insurance broking company.
Oliva Clinic
Crunchbase Website Twitter Facebook Linkedin
Oliva Clinic is a medico aesthetic clinic that focuses on leveraging advances in medicine to make look more beautiful and youthful.
SBI General Insurance
Crunchbase Website Twitter Facebook Linkedin
SBI General Insurance offers a wide range of general insurance products in retail and commercial space.
Navi Technologies
Crunchbase Website Twitter Facebook Linkedin
Navi is a Bengaluru-based firm helping build consumer-centric businesses in the BFSI (Banking, Financial Services & Insurance) space.
Easypolicy
Crunchbase Website Twitter Facebook Linkedin
Easypolicy provides insurance comparison tools in India. Compare insurance online today, Save your time and money.
Royal Sundaram General Insurance Co. Limited
Crunchbase Website Twitter Facebook Linkedin
Royal Sundaram provides comprehensive insurance plans and innovative insurance solutions to individuals, families and businesses.
Acko General Insurance
Crunchbase Website Twitter Facebook Linkedin
Acko General Insurance is a digital insurance company with a license to underwrite and distribute bite-sized insurance products.
Growfitter
Crunchbase Website Twitter Facebook Linkedin
Gamified digital health reward platform that adds financial benefits to your physical activity!
Anviti Insurance Brokers
Crunchbase Website Twitter Facebook Linkedin
Anviti Insurance Brokers provides insurance and reinsurance broking services.
IndiaFirst Life Insurance
Crunchbase Website Twitter Facebook Linkedin
IndiaFirst Life Insurance is a young life insurance firm managing finances for customers.
SecureNow Insurance Broker
Crunchbase Website Twitter Facebook Linkedin
Secure Now Insurance Broker (P) Ltd is an insurance broking firm that offers fair insurance options to SME clients.
Finsall Resources
Crunchbase Website Twitter Facebook Linkedin
Finsall Resources is a Finsuretech company, financially enabling people to buy (or to buy more) insurance.
i3systems
Crunchbase Website Twitter Facebook Linkedin
Data Analytics, Machine Learning, Natural Language Processing, Insurance Underwriting, Insurance Fraud Detection, Diagnostics Intelligence
Estee Advisors
Crunchbase Website Twitter Facebook Linkedin
Estee Advisors is a quant-based investment management and execution services provider.
Ria Insurance
Crunchbase Website Twitter Facebook Linkedin
Ria Insurance is a startup at the intersection of healthcare, technology, and insurance.
Arya.ai
Crunchbase Website Twitter Facebook Linkedin
Arya.ai offers ‘Autonomous AI’ product stack for financial institutions to automate and augment core business tasks using Deep Learning.
Mahindra Insurance Brokers
Crunchbase Website Twitter Facebook Linkedin
Mahindra Insurance Brokers is an insurance company.
CallHealth Services
Crunchbase Website Twitter Facebook Linkedin
A technology-powered healthcare company with world’s first integrated virtual-and-mobility platform to bring healthcare services at home.
Insurance Samadhan
Crunchbase Website Twitter Facebook Linkedin
Insurance Samadhan is a developer of a grievance redressal platform designed for all insurance policyholders to file a complaint.
New Street Technologies
Crunchbase Website Twitter Facebook Linkedin
New Street Technologies builds and operates blockchain-enabled platforms for institutional clients in the financial services segment
India Mortgage Guarantee Company
Crunchbase Website Twitter Facebook Linkedin
India Mortgage Guarantee Company is a financial service firm offering mortgage guarantee.
myCOL
Crunchbase Website Twitter Facebook Linkedin
MyCol gives you a unique feature of providing a personal hospital assistant who is well know with the hospital and its workings.
GIGI Benefits
Crunchbase Website Twitter Facebook Linkedin
GIGI Benefits offers full-time employment related benefits like insurance and savings to freelancers and gig workers.
Liases Foras
Crunchbase Website Twitter Facebook Linkedin
Liases Foras is a Mumbai-based residential real estate.
HeyMojo, Inc
Crunchbase Website Twitter Facebook Linkedin
Heymojo bots boost your sales by engaging your customers in real-time and generating high quality conversation qualified leads (CQL).
Aashiyaan Housing and Development Finance
Crunchbase Website Twitter Facebook Linkedin
Provide housing finance to those in the informal sector enabling the hither to un-served to own a home of their own.
Onsurity
Crunchbase Website Twitter Facebook Linkedin
Onsurity is an employee healthcare platform providing a monthly healthcare membership with group health insurance to emerging businesses.
Ideal Insurance Brokers/ 121Policy.com
Crunchbase Website Twitter Facebook Linkedin
Ideal Insurance Broking is one of the leaders in insurance broking domain.
HDFC Standard Life Insurance
Crunchbase Website Twitter Facebook Linkedin
HDFC Standard Life Insurance is a life insurance provider in India for both private and corporate clients.
Future Group
Crunchbase Website Twitter Facebook Linkedin
Future Group operates multi-branded retail outlets in India.
Candela Labs
Crunchbase Website Twitter Facebook Linkedin
Candela Labs is a IT company that provides software solutions to digitalise and automate customer experience and insurance processes.
TechProcess Solutions
Crunchbase Website Twitter Facebook Linkedin
TechProcess Solutions offers transaction and payment processing services across a spectrum of industries in India.
LIC Housing Finance
Crunchbase Website Twitter Facebook Linkedin
LIC Housing Finance Ltd. is a largest Housing Finance company in India.
Bharti Enterprises
Crunchbase Website Twitter Facebook Linkedin
Bharti Enterprises is a business group that has created world-class businesses in telecom, insurance, retail, and foods.
Asha Impact
Crunchbase Website Twitter Facebook Linkedin
Asha Impact founded by Vikram Gandhi, a company that provides critical development in areas such as impact investments.
5Paisa
Crunchbase Website Twitter Facebook Linkedin
5Paisa is helping people digitally to trade in stock markets.
wurkwell
Crunchbase Website Twitter Facebook Linkedin
Wurkwell operates as an employee health and wellness platform.
The New India Assurance Co
Crunchbase Website Twitter Facebook Linkedin
The New India Assurance Co. Ltd., based in Mumbai, is one of the five Wholly Government of India owned assurance companies of India.
Max Life insurance
Crunchbase Website Twitter Facebook Linkedin
Max Life is one of the insurance company in India that offers affordable life protection, child , retirement and savings plans.
Intellect Design Arena
Crunchbase Website Twitter Facebook Linkedin
Intellect Design Arena Ltd, is a global leader in Financial Technology for Banking, Insurance and other Financial Services.
Life Insurance Corporation of India
Crunchbase Website Twitter Facebook Linkedin
Life Insurance Corporation of India is a company that provides citizens of India access to life insurance policies.
CarIQ
Crunchbase Website Twitter Facebook Linkedin
CariQ is an app that helps keep track of all of a car’s needs including repairs and insurance.
HDFC ERGO General Insurance Company Limited
Crunchbase Website Twitter Facebook Linkedin
HDFC ERGO is a 74:26 joint venture between HDFC Limited, India’s premier Housing Finance Institution and ERGO International AG.
PolicyX.Com
Crunchbase Website Twitter Facebook Linkedin
PolicyX.Com is an IRDA approved,self funded insurance company located in Gurgaon.
R Systems
Crunchbase Website Twitter Facebook Linkedin
R Systems is a specialized IT Services & Solutions and IT-enabled Services provider catering to a wide range of global customers.
Asset Reconstruction Company (India) Ltd.
Crunchbase Website Twitter Facebook Linkedin
Asset Reconstruction Company (India) Ltd. operates as a asset reconstruction company.
Gaadi Web
Crunchbase Website Twitter Facebook Linkedin
Gaadi Web is an automotive portal for Indian market with a search platform for new, used and upcoming vehicles.
LetsEndorse
Crunchbase Website Twitter Facebook Linkedin
LetsEndorse is a provider of an online network intended to raise awareness for social causes.
Symbo
Crunchbase Website Twitter Facebook Linkedin
Symbo serves the insurance industry across product, distribution and operations.
Knoldus Inc.
Crunchbase Website Twitter Facebook Linkedin
Knoldus modernize digital systems by leveraging Functional Programming (Scala, Rust, Java) & Fast Data (Spark, Flink) ecosystems.
NetAmbit
Crunchbase Website Twitter Facebook Linkedin
We are one of India’s fastest growing privately held companies operating in sales and distribution of consumer services.
JK Technosoft
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JK Technosoft (www.jktech.com) is a global IT services and solutions company that provides end-to-end software lifecycle services.
Infinx Services
Crunchbase Website Twitter Facebook Linkedin
Infinx Services is a medical company located in Mumbai.
Tata AIA Life Insurance Company
Crunchbase Website Twitter Facebook Linkedin
Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, formed by Tata Sons and AIA Group Limited (AIA).
Bajaj Allianz
Crunchbase Website Twitter Facebook Linkedin
Bajaj Allianz is one of India’s leading life insurance company, offers life insurance plans, term plans, retirement plan.
Antworks Money
Crunchbase Website Twitter Facebook Linkedin
Antworks Money, the online marketplace for Bank Loans, P2P Loans & Investments.
Ruloans Distribution Services
Crunchbase Website Twitter Facebook Linkedin
RuLoans.com is an Online Loan Comparison & Application Portal in India, provides a loan seeker to COMPARE, SELECT & APPLY for a Loan.
Capital Food Group
Crunchbase Website Twitter Facebook Linkedin
Capital Foods is a great believer in the concept of ‘Global Food Culture’.
SureClaim
Crunchbase Website Twitter Facebook Linkedin
SureClaim is building online DIY insurance claim tools
Aldopay
Crunchbase Website Twitter Facebook Linkedin
Mobile Wallet Focusing on hassle free checkout via Finger Print & OTP.
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