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30 Top Indian InsurTech Companies and Startups of 2021

This article showcases our top picks for the best Indian based InsurTech companies. These startups and companies are taking a variety of approaches to innovating the InsurTech 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

Top Indian InsurTech Startups

Data sourced from Crunchbase and SemRush.

Digit Insurance

Digit Insurance

Crunchbase Website Twitter Facebook Linkedin

Digit Insurance is a financial services company that general insurance services.

Turtlemint

Turtlemint

Crunchbase Website Twitter Facebook Linkedin

Turtlemint is an insurtech platform that identifies and purchases appropriate insurance policies for consumers.

Turtlemint

BimaPe

Crunchbase Website Twitter Facebook Linkedin

BimaPe demystifies Insurance and its Management for individuals and families across India. ‘BimaPe Bharosa Karo’

Turtlemint

Coverfox Insurance

Crunchbase Website Twitter Facebook Linkedin

Coverfox Insurance is an insurtech platform that provides hassle-free online insurance broking services.

Turtlemint

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.

Turtlemint

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.

Turtlemint

Toffee Insurance

Crunchbase Website Twitter Facebook Linkedin

Toffee Insurance provides the only insurance plan you’ll ever need.

Turtlemint

Wishleaf

Crunchbase Website Twitter Facebook Linkedin

Wishleaf is a digital insurance company that offers customized solutions for general insurance.

Turtlemint

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.

Turtlemint

Growfitter

Crunchbase Website Twitter Facebook Linkedin

Gamified digital health reward platform that adds financial benefits to your physical activity!

Turtlemint

Finsall Resources

Crunchbase Website Twitter Facebook Linkedin

Finsall Resources is a Finsuretech company, financially enabling people to buy (or to buy more) insurance.

Turtlemint

Ria Insurance

Crunchbase Website Twitter Facebook Linkedin

Ria Insurance is a startup at the intersection of healthcare, technology, and insurance.

Turtlemint

Snapper Future Tech

Crunchbase Website Twitter Facebook Linkedin

SFT is a global blockchain technology development company offering Hyperledger and Ethereum solutions development and training services.

Turtlemint

GYPSEE.AI

Crunchbase Website Twitter Facebook Linkedin

Gypsee is an AI driven smart car solution helps you optimize cost of car maintenance and rewards your for driving safe.

Turtlemint

Mantra Labs pvt Ltd

Crunchbase Website Twitter Facebook Linkedin

Mantra Labs, a product company, brings a strong product consulting experience to the IT services sector, IoT, AI and social selling space.

Turtlemint

Symbo

Crunchbase Website Twitter Facebook Linkedin

Symbo serves the insurance industry across product, distribution and operations.

Turtlemint

Magma HDI

Crunchbase Website Twitter Facebook Linkedin

Magma HDI is a general insurance company offers products for individuals such as vehicle insurance, health insurance and home Insurance.

Turtlemint

Pentation Analytics

Crunchbase Website Twitter Facebook Linkedin

Pentation as an Insurtech enables insurers and intermediaries with our Insurance Analytics Suite- an Insurance specific AI/ML Software Suite

Turtlemint

IAssist Innovations Labs

Crunchbase Website Twitter Facebook Linkedin

A research organization in IT Space that continuously works towards solving unsolved problems with innovative products.

Turtlemint

Paysack

Crunchbase Website Twitter Facebook Linkedin

Paysack is a full-stack API banking platform to build & launch fintech products utilizing banking, payments, insurance, investing, payroll

Turtlemint

NVest Solutions

Crunchbase Website Twitter Facebook Linkedin

NVest is a financial technology firm building tools to improve the efficiency in insurance and financial sector.

Turtlemint

HealthySure

Crunchbase Website Twitter Facebook Linkedin

HealthySure is an InsurTech platform that focuses on innovating employee health protection.

Turtlemint

Compare Policy

Crunchbase Website Twitter Facebook Linkedin

Compare Policy is Insurance Web Aggregator, providing insurance buyers an online platform to compare and choose the best-suited plan.

Turtlemint

ASPIRE

Crunchbase Website Twitter Facebook Linkedin

Personalize & Affordable Employee Health & Business, SME Insurance Platform. Data Driven Self Servicing Platform.

Turtlemint

Hansa Solutions

Crunchbase Website Twitter Facebook Linkedin

Hansa Solutions emerged as top insurance software provider with 90% market share in Indian Insurance Industry in a remarkable time span.

Turtlemint

Infintus Innovations

Crunchbase Website Twitter Facebook Linkedin

Insurance Technology, Digital Commerce Platform, Real-Time Data Analytics, Digital Content Analytics

Turtlemint

Torus Innovations

Crunchbase Website Twitter Facebook Linkedin

Torus A NextGen Unified Low code platform, model driven approach for building,extending, integrating and deploying rich cloud-based app.

Turtlemint

Insurax

Crunchbase Website Twitter Facebook Linkedin

Insurax is an exclusive online insurance comparison portal that provides protection through insurance.

Turtlemint

SME MaXX

Crunchbase Website Twitter Facebook Linkedin

SME MAXX is an online platform that offers Fintech, Insuretech and Employee benefits to Small and Medium sized enterprises.

Turtlemint

MyInsuranceBook

Crunchbase Website Twitter Facebook Linkedin

MyInsuranceBook is a portal where you can find your nearest Insurance Agents, Development Officers & Financial Planners.

Written by Mark Fitz

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