Best Startup
At Best Startup India we track over 400,000 Indian startups and over 1,800,000 people who hold key positions in these companies. We use this directory of startups to highlight top employees, founders and organisations we think deserve more appreciation than they are currently getting.
We’ve ranked the top 46 InsurTech companies in India. The companies, startups and institutions listed in this article are all exceptional companies, well worth a follow. We have included links to their websites, socials and CrunchBase (if you’re interested in their financials).
We selected the organisations listed in this article based on:
- Track record
- Executive leadership
- Market share
- Innovation
- ESG rating
Our Data – We source our data from OSINT (open source intelligence) and public directories such as Crunchbase, SemRush and many more. The data from these sources should be treated with a degree of caution and verified yourself.
Top InsurTech Companies & Startups (India)
HealthySure
HealthySure is an InsurTech platform that focuses on innovating employee health protection.
Founder(s): Anuj Parekh, Sanil Basutkar
Location: Mumbai, Maharashtra, India
Industries: Health Care, Health Insurance, InsurTech
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Artivatic.ai
Artivatic’s patent pending technology solves complex problems in Insurance for On-boarding, Fraud, Risk Profiling, Underwriting & claims.
Founder(s): Layak Singh
Location: Bangalore, Karnataka, India
Industries: Auto Insurance, Employee Benefits, FinTech, Health Insurance, InsurTech, Life Insurance, Machine Learning, SaaS, Software, Video Conferencing
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Verak
Better Business Insurance for Indian MSMEs and SMEs- best prices, expert guidance & paperless claims.
Founder(s): Rahul Mathur
Location: Mumbai, Maharashtra, India
Industries: Commercial Insurance, FinTech, Insurance, InsurTech
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ClaimBuddy.in
ClaimBuddy acts as one-stop solutions for Health Insurance Claim assistance for Patients and Hospitals.
Founder(s):
Location: Haryana, Haryana, India
Industries: Insurance, InsurTech
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GramCover
GramCover is an InsurTech marketplace that offers rural insurance products to farmers.
Founder(s): Dhyanesh Bhatt, Jatin Singh, Nalin Rawal, Neelam Kumar Gupta, Rishabh Garg, Rishi Raj Vashisht
Location: Noida, Uttar Pradesh, India
Industries: Farming, Financial Services, FinTech, InsurTech, Marketplace, Payments
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Toffee Insurance
Toffee Insurance provides the only insurance plan you’ll ever need.
Founder(s): Nishant Jain, Rohan Kumar
Location: Gurgaon, Haryana, India
Industries: Finance, Financial Services, Health Insurance, Insurance, InsurTech, Personal Health, Property Insurance
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Finsall Resources
Finsall Resources is a Finsuretech company, financially enabling people to buy (or to buy more) insurance.
Founder(s): Prabal Khanna, Promod Khanna, Tim Mathews
Location: Bengaluru, Karnataka, India
Industries: Financial Services, Insurance, InsurTech
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Ria Insurance
Ria Insurance is a startup at the intersection of healthcare, technology, and insurance.
Founder(s): Nipun Virmani, Prerak Sethi, Suresh Kumar Sethi
Location: New Delhi, Delhi, India
Industries: Health Care, Insurance, InsurTech
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MedPay
MedPay® is building the real-time claims adjudication platform for health insurers.
Founder(s): Arun Bhatia, Ravi Chandra Merugu
Location: Bengaluru, Karnataka, India
Industries: Health Care, Health Insurance, InsurTech
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Growfitter
Gamified digital health reward platform that adds financial benefits to your physical activity!
Founder(s): Harshit Sethy, Sanmati Pande
Location: Mumbai, Maharashtra, India
Industries: Fitness, Health Care, Health Insurance, InsurTech, Wellness
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Paz Care
Paz Care is a health insure tech platform that lets you design, administers, and manages the employee benefits program for your employees.
Founder(s): Manish Mishra, Sanchit Malik
Location: Bengaluru, Karnataka, India
Industries: Health Care, InsurTech, Internet
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Coverfox Insurance
Coverfox Insurance is an insurtech platform that provides hassle-free online insurance broking services.
Founder(s): Devendra Rane, Varun Dua
Location: Mumbai, Maharashtra, India
Industries: Auto Insurance, Health Insurance, Insurance, InsurTech, Life Insurance, Travel
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Wishleaf
Wishleaf is a digital insurance company that offers customized solutions for general insurance.
Founder(s): Biswadeep Kumar Nayak, Nitish Kumar Nayak
Location: Bhubaneswar, Orissa, India
Industries: Finance, Financial Services, Insurance, InsurTech
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Kruzr
Kruzr is a smart driving assistant mobile app designed to ensure your safety on roads.
Founder(s): Pallav Singh
Location: Bengaluru, Karnataka, India
Industries: InsurTech, Software
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WeRize
India’s first socially distributed full stack financial services platform for small town India
Founder(s): Himanshu gupta, Vishal Chopra
Location: Bangalore, Karnataka, India
Industries: Banking, Credit Cards, Financial Services, FinTech, InsurTech, Lending, Personal Finance
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Snapper Future Tech
SFT is a blockchain technology development company offering Hyperledger and Ethereum solutions development
Founder(s): Avnish Gupta, Kamlesh Nagware, Naresh Jain, Prashant Surana
Location: Aundh, Maharashtra, India
Industries: Blockchain, GovTech, Information Technology, InsurTech, Software, Supply Chain Management, Training
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Riskcovry
Riskcovry is an “Insurance-in-a-box” model offers a one-stop-shop platform to cater to any business’s digital insurance needs.
Founder(s): Chiranth Patil, Sorabh Bhandari, Suvendu Prusty, Vidya Sridharan
Location: Bengaluru, Karnataka, India
Industries: Insurance, InsurTech
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GYPSEE.AI
Gypsee is building a drive safe mobile application for safe driver to renew their auto insurance policies at fair price with safe coins.
Founder(s): Deepak Walia, Dilli Babu Kadati, Jay Bhaskar, Pourush Bhatt, Prity Verma, Vikash Verma
Location: Bangalore, Karnataka, India
Industries: InsurTech
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Onsitego
Onsitego is a customer service company for device and appliance repairs.
Founder(s): Kunal Mahipal
Location: Mumbai, Maharashtra, India
Industries: Consumer, Consumer Electronics, Consumer Goods, Customer Service, Information Technology, InsurTech, Mobile, Professional Services, Software
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Mantra Labs pvt Ltd
Mantra Labs, a product company, brings a strong product consulting experience to the IT services sector, IoT, AI and social selling space.
Founder(s): Kumar Sambhav Singh, Parag Sharma
Location: Bengaluru, Karnataka, India
Industries: Artificial Intelligence, Industrial Automation, InsurTech, Internet of Things, Machine Learning, Web Development
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Symbo
Symbo serves the insurance industry across product, distribution and operations.
Founder(s): Adrit Raha, Anik Jain, Anurag Jaroli, Mitesh Jain, Nimit Bavishi
Location: Mumbai, Maharashtra, India
Industries: Insurance, InsurTech
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Armadillo
Armadillo is a technology company that offers home warranty plans designed for a new generation of homeowners.
Founder(s): Lansdon Robbins, Matan Slagter
Location: Clarksville, Indiana, United States
Industries: Home Services, Insurance, InsurTech
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Pentation Analytics
Pentation as an Insurtech enables insurers and intermediaries with our Insurance Analytics Suite- an Insurance specific AI/ML Software Suite
Founder(s): Anirban Roy
Location: Mumbai, Maharashtra, India
Industries: Analytics, Artificial Intelligence, Information Services, Information Technology, InsurTech, SaaS
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NVest Solutions
NVest is a financial technology firm building tools to improve the efficiency in insurance and financial sector.
Founder(s): Gopesh Modi, Sweta Jain
Location: Thane, Maharashtra, India
Industries: Financial Services, FinTech, InsurTech
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AskArvi.com
Arvi is India’s first smart personal insurance assistant
Founder(s): Alok Tiwari, Sushant Reddy
Location: Mumbai, Maharashtra, India
Industries: Commercial Insurance, Insurance, InsurTech, Mobile
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Magma HDI
Magma HDI is a general insurance company that offers products for individuals such as vehicle insurance, health insurance, Home Insurance.
Founder(s): Vikas Mittal
Location: Mumbai, Maharashtra, India
Industries: Health Care, Insurance, InsurTech
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Paysack
Paysack is a full-stack API banking platform to build & launch fintech products utilizing banking, payments, insurance, investing, payroll
Founder(s): Nicky Jacob, Ricky Jacob, Vivek Vinod
Location: Kochi, Kerala, India
Industries: Banking, Developer APIs, Finance, Financial Services, FinTech, InsurTech
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Niva Bupa
Niva Bupa is a health insurance company.
Founder(s):
Location: Haryana, Haryana, India
Industries: Health Insurance, Insurance, InsurTech
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Compare Policy
Compare Policy is Insurance Web Aggregator, providing insurance buyers an online platform to compare and choose the best-suited plan.
Founder(s): Subhash Nagpal
Location: Noida, Uttar Pradesh, India
Industries: Finance, Financial Services, Insurance, InsurTech
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IAssist Innovations Labs
A research organization in IT Space that continuously works towards solving unsolved problems with innovative products.
Founder(s): Sharad Kumar
Location: Bangalore, Karnataka, India
Industries: InsurTech, Software
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Infintus Innovations
Insurance Technology, Digital Commerce Platform, Real-Time Data Analytics, Digital Content Analytics
Founder(s): Rishi Jain
Location: Pune, Maharashtra, India
Industries: Analytics, E-Commerce Platforms, Information Services, InsurTech
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Techguard
Techguard specializes in offering device protection products, warranty and repair services for tech gadgets and appliances.
Founder(s):
Location: Mumbai, Maharashtra, India
Industries: Insurance, InsurTech, Service Industry
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ASPIRE
Personalize & Affordable Employee Health & Business, SME Insurance Platform. Data Driven Self Servicing Platform.
Founder(s): Layak Singh
Location: Bengaluru, Karnataka, India
Industries: Commercial Insurance, Employee Benefits, Health Insurance, Insurance, InsurTech, SaaS, Software
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Torus Innovations
Torus A NextGen Unified Low code platform, model driven approach for building,extending, integrating and deploying rich cloud-based app.
Founder(s): Sekar Ponniah
Location: Chennai, Tamil Nadu, India
Industries: Information Technology, Insurance, InsurTech, Property Insurance
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Insurax
Insurax is an exclusive online insurance comparison portal that provides protection through insurance.
Founder(s): Faisal Patel
Location: Ahmedabad, Gujarat, India
Industries: E-Commerce, Health Insurance, Insurance, InsurTech
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Perceptiviti
Perceptiviti is a deep technology company focused on fraud and risk management.
Founder(s):
Location: Gurgaon, Haryana, India
Industries: Artificial Intelligence, Finance, Financial Services, FinTech, Information Technology, InsurTech, Machine Learning, Risk Management
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Prisha Policy
Prisha Policy is an insurance brokerage firm that specialized in health, life, motor, accidental and travel insurance.
Founder(s):
Location: Gurgaon, Haryana, India
Industries: Auto Insurance, Commercial Insurance, Health Care, Insurance, InsurTech, Life Insurance, Property Insurance
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SME MaXX
SME MAXX is an online platform that offers Fintech, Insuretech and Employee benefits to Small and Medium sized enterprises.
Founder(s):
Location: Mumbai, Maharashtra, India
Industries: FinTech, Group Buying, InsurTech
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Hahn Insurance Agency
Hahn Insurance Agency is an insurance company that provides home, auto, business, and life insurance services.
Founder(s):
Location: Evansville, Indiana, United States
Industries: Insurance, InsurTech, Life Insurance
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Steffey Insurance
Steffey Insurance are business owners is to grow profitably, create jobs, and be a positive influence within our surrounding communities.
Founder(s):
Location: Indianapolis, Indiana, United States
Industries: Auto Insurance, Insurance, InsurTech
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Ageas Federal Life Insurance
Ageas Federal Life Insurance is a private sector, development, and commercial bank that provides solutions to all financial needs.
Founder(s):
Location: Mumbai, Maharashtra, India
Industries: Banking, Finance, Financial Services, Insurance, InsurTech
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Swivyl
Insurtech platform addressing common communication challenges between businesses and their business insurance providers.
Founder(s): Joe Bauer, Matt Heffernan
Location: Indianapolis, Indiana, United States
Industries: FinTech, Insurance, InsurTech
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Turtlemint
Turtlemint is an insurtech platform that identifies and purchases appropriate insurance policies for consumers.
Founder(s): Anand Prabhudesai, Dhirendra Mahyavanshi, Kunal Shah
Location: Mumbai, Maharashtra, India
Industries: Financial Services, Health Insurance, Insurance, InsurTech
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Acko
Acko is a digital insurance company with a license to underwrite and distribute bite-sized insurance products.
Founder(s): Ruchi Deepak, Varun Dua
Location: Mumbai, Maharashtra, India
Industries: Auto Insurance, Health Insurance, Insurance, InsurTech
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Digit Insurance
Digit Insurance is a financial services company that provides general insurance services.
Founder(s): Kamesh Goyal, Philip Varghese, Sriram Shankar, Vijay Kumar
Location: Bengaluru, Karnataka, India
Industries: Finance, Financial Services, Insurance, InsurTech
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MyInsuranceBook
MyInsuranceBook is a portal where you can find your nearest Insurance Agents, Development Officers & Financial Planners.
Founder(s):
Location: Pune, Maharashtra, India
Industries: Financial Services, FinTech, Information Technology, Insurance, InsurTech
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