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Paytm Insurance Broking logo — Insurance made simple and convenient.

Paytm Insurance Broking

Insurance made simple and convenient.

Founded 2019 India New Delhi, India 93 employees Corporate Round Total: $122.60M Insurance

General Information

Company Name Paytm Insurance Broking
Founded Year 2019
Location India New Delhi, India +1
Employees 93
Industries Insurance
Funding Stage Corporate Round
Social

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About Paytm Insurance Broking

Paytm Insurance Broking is an Indian startup that aims to simplify insurance processes and offer a more convenient experience for consumers. Established in 2019, it is a wholly-owned subsidiary of One97 Communications Ltd (OCL) and has obtained a brokerage license from IRDAI. The company has introduced insurance products in four categories, covering two-wheeler, four-wheeler, health, and life insurance. With a focus on creating a seamless and easy online journey, Paytm Insurance Broking provides convenience to buy anytime, anywhere, ease of comparing policies, and a seamless paperless experience for customers. The startup recently secured a $122.60M Corporate Round investment on 27 October 2021, with Swiss Re being the investor. This significant investment reflects confidence in the potential of Paytm Insurance Broking to revolutionize the insurance industry in India.

Taxonomy: Brokerage, IRDAI, Online insurance, Two-wheeler, Four-wheeler, Health insurance, Life insurance, Convenience, Seamless experience, Paperless, Online journey, Simplification, Comparison, Indian consumers

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Corporate Round •••••• 1
Investor
27 Oct 2021

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FAQ About Paytm Insurance Broking

Insurance made simple and convenient.
Paytm Insurance Broking was founded in 2019.
Paytm Insurance Broking is headquartered in New Delhi, India.
Paytm Insurance Broking operates in the following industries: Insurance.
Paytm Insurance Broking has approximately 93 employees.
Paytm Insurance Broking has completed 1 funding round, raising a total of $122.60M. The latest funding stage is Corporate Round.
Top alternatives and competitors to Paytm Insurance Broking include Luna, AUTOSherpa Systems, Bike Bazaar, Autofy, PolicyBachat. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Paytm Insurance Broking and Luna are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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