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 14 InsurTech companies in Mumbai. 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 (Mumbai)
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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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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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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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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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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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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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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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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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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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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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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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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