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Startup Atlas · Fintech

InsuranceDekho

Girnar Insurance Brokers Private Limited Gurugram, Haryana Founded 2017 insurancedekho.com ↗
Ankit Agrawal · Founder & CEO Ish Babbar · Co-founder
$294.5 MnTotal funding (tracked)
4Funding rounds
4 Mar 2025Last round
1,671Team size (sourced)

InsuranceDekho: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

Compare and buy insurance in one place

"Compare, Buy/Renew Insurance Policy - Health, Life, Term, Car & Bike" across insurers on a single digital platform.

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Fast policy issuance

"5 Minutes Policy Issuance" via a fill-details, select-plan, make-payment digital flow.

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Tech-first platform with human trust layer

Positions itself as "a tech-first company" with technology advantages "from premium collections to claims settlements" versus legacy insurers, combined with on-ground agents for trust-building in smaller towns.

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Customer Segments

Retail insurance buyers

Individual customers seeking to compare and purchase motor, health, travel, and pet insurance.

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Tier 2/3 and rural town customers

Customers in smaller towns reached primarily via in-person agent sales rather than digital-only channels; management notes 'when it comes to Tier 2 and 3 towns, the importance of in-person sales cannot be underestimated.'

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POSP agent partners

InsuranceDekho has partnered with 80,000 point of salespersons (PoSPs) to sell non-life insurance across 98% of the pincodes in India.

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Customer Relationships

Dedicated support and claims service

Site advertises a dedicated support team and claims track record: "17 Mn+ Happy Smiles", "145k+ Claims Served", and a "4.7 Rating on Google".

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Channels

POSP agent network

InsuranceDekho has partnered with 80,000 point of salespersons (PoSPs) to sell non-life insurance across 98% of the pincodes in India, mirroring LIC's traditional agent-driven distribution model.

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Digital platform

A digital platform powered by AI that lets agent partners' customers compare and buy life, health, and non-life insurance policies based on their requirements.

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Key Activities

Agent recruitment and training

Recruits and trains a large network of PoSP agents who sell non-life insurance policies in person, particularly in Tier 2/3 towns where in-person sales are seen as critical.

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Insurance comparison, issuance and claims tech

Operates a tech platform spanning premium collections to claims settlements, and offers e-Policy issuance advertised as taking around 5 minutes.

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Key Resources

No cited public information yet.

Key Partnerships

Insurer network

Works with most insurance providers and claims direct integration with 46 insurance companies across India offering more than 380 insurance products.

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Strategic financial investors

Backed by Mitsubishi UFJ Financial Group (MUFG), BNP Paribas Cardif (via its insurtech fund managed by Eurazeo), Beams Fintech Fund, Goldman Sachs Asset Management, and TVS Capital Funds.

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Revenue Streams

Insurance brokerage commissions

Insurance brokerage was the largest revenue generator for the firm at Rs 726.61 crore, accounting for 97.7% of total operating revenue in FY24.

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Ancillary services

Ancillary services brought in Rs 17 crore of operating revenue in FY24.

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Cost Structure

No cited public information yet.

FAQs on InsuranceDekho

What is InsuranceDekho's business model?

InsuranceDekho's core value proposition centers on Compare and buy insurance in one place, Fast policy issuance, Tech-first platform with human trust layer.

How does InsuranceDekho make money?

InsuranceDekho's cited revenue streams include Insurance brokerage commissions, Ancillary services.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. · Last verified 15 Jul 2026. · Report a correction