About Elephant
Elephant is a company based in Mumbai (India) founded in 2011 by Aatur Thakkar and Shashikant Vanmalidas Thakkar. The company has 458 employees. Elephant operates in a competitive market with competitors including Policybazaar, InsuranceDekho, Turtlemint, PB Fintech and Rubique, among others.
- Headquarter Mumbai, India
- Employees 458
- Founders Aatur Thakkar, Shashikant Vanmalidas Thakkar
- SectorsFinancial Services
- Website category Finance · Insurance
- Email••••••••
- Phone•••• ••••
- Website elephant.in
- Social LinkedIn X Facebook Instagram
- Legal Name Alliance Insurance Brokers Private Limited
- Date of Incorporation 06 Aug, 2003
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹183 Cr
FY 2025 · +12% YoY
- Net Profit₹18.80 Cr
FY 2025 · 10% margin
- EBITDA₹31.31 Cr
FY 2025 · 17% margin
- Employee Count458
Associated legal entities of Elephant
Elephant operates through Alliance Insurance Brokers Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Alliance Insurance Brokers Private Limited CIN U67200MH2003PTC141621 | Active | 06 Aug 2003 | Mumbai, Maharashtra | ₹183 Cr | 458 | 8 | View details |
Apps and channels of Elephant
Elephant publishes 3 mobile apps with over 2K+ downloads.
Board of directors of Alliance Insurance Brokers Private Limited (Elephant)
Alliance Insurance Brokers Private Limited is the primary company behind Elephant. The board of Alliance Insurance Brokers Private Limited currently have 7 directors; the longest-serving is Shashikant Vanmalidas Thakkar, appointed in 2003. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shashikant Vanmalidas Thakkar DIN 00895662 | Director | 06 Aug 2003 | 23 yrs 2 mo | Alliance Insurance Brokers Private Limited |
| Aatur Shashikant Thakkar DIN 00895686 | Director | 10 Dec 2004 | 21 yrs 10 mo | Alliance Insurance Brokers Private Limited |
| Pranav Kanak Shah DIN 06583913 | Director | 24 Apr 2013 | 13 yrs 5 mo | Alliance Insurance Brokers Private Limited |
| Salil Ranjan Das DIN 01673747 | Director | 30 Oct 2014 | 11 yrs 11 mo | Alliance Insurance Brokers Private Limited |
| Sangeeta Bhagwatiprasad Modi DIN 03278272 | Nominee Director | 27 Oct 2015 | 10 yrs 11 mo | Alliance Insurance Brokers Private Limited |
| Nilesh Bansilal Mehta DIN 00199071 | Nominee Director | 27 Oct 2015 | 10 yrs 11 mo | Alliance Insurance Brokers Private Limited |
| Nandan Satpathy Girija DIN 11592741 | Additional Director | 12 May 2026 | 5 mo | Alliance Insurance Brokers Private Limited |
People of Elephant
5 people are tracked at Elephant (4 in leadership, 1 in team); the tracked headcount is 458.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Nikunj Parikh | UI UX Product Designer - Chief Manager - Digital Experience | Leadership |
Satish Kumar Raghavapudi | Chief Manager- Digital Sales | Leadership |
Avanish Bharti | Senior Product Development Manager | Team |
Complete people profiles for Elephant
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Financials of Elephant
Figures of Alliance Insurance Brokers Private Limited, the primary company behind Elephant, for FY 2025. Revenue was ₹183 Cr (+12% year on year). Net profit was ₹18.80 Cr (10% margin). EBITDA was ₹31.31 Cr (17% margin). Revenue has grown at a compounded annual rate of +13% over three years and +18% over five years.
- ₹183 CrRevenue · FY 2025 · +12% YoY
- ₹18.80 CrNet profit · 10% margin
- ₹31.31 CrEBITDA · 17% margin
- ₹11.37 CrPaid-up capital
- 458Employees (provident fund records)
- +13%Revenue CAGR, 3 years
- +18%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Alliance Insurance Brokers Private Limited are on its company page.
Detailed financial statements for Elephant
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Competitors of Elephant
Elephant operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Policybazaar, InsuranceDekho, Turtlemint, PB Fintech and Rubique, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| policybazaar.com | 2008 | Gurugram, India | – | 24,206 | Insurance plans are compared and purchased via an online marketplace. | |
| insurancedekho.com | 2016 | Gurugram, India | $394.5M | 2,077 | Online insurance policies are compared and purchased through the platform. | |
| turtlemint.com | 2015 | Mumbai, India | $220.08M | 2,400 | Provider of platform for comparing and purchasing insurance, loans, and funds | |
| pbfintech.in | 2008 | Gurugram, India | $443.26M | 286 | Online platform for insurance and lending products is operated. | |
| rubique.com | 2014 | Mumbai, India | $12.61M | 114 | A digital marketplace hosting a range of financial products. | |
| probusinsurance.com | 2002 | Mumbai, India | $6.7M | 256 | Digital insurance platform offering policy comparison across multiple insurance categories | |
| finhaat.com | 2021 | Mumbai, India | $6.65M | 133 | A B2B platform is provided for distributing financial products. | |
| oneinsure.com | 2008 | Mumbai, India | $3.06M | 692 | Insurance policies are compared and managed via an online platform. |
Detailed competitors of Elephant
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Elephant
The website of Elephant (elephant.in) receives about 57.4K visits a month and ranks #511,087 among all websites worldwide, #2,550 in Insurance.
- Monthly visits57.4K
▼ 3.5% vs previous month
- Unique visitors10.8K
per month
- Global rank#511,087
among all websites
- Category rank#2,550
Finance · Insurance
- Bounce rate38%
- Pages per visit4.4
- Average visit7 min 27 sec
- DevicesDesktop 61% · Mobile 39%
Websites whose visitors overlap most with Elephant. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| gibl.in | 100% | 16K | #1,171,407 | View details | |
| policyboss.com | 91% | 74.7K | #398,197 | View details | |
| insurancedekho.com | 89% | 757.5K | #60,130 | View details | |
| magmainsurance.com | 88% | 82.7K | #393,656 | View details | |
| quickinsure.co.in | 86% | 125.4K | #203,174 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 36 similar websites and full traffic analytics for Elephant
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- 36 similar websites
- Audience overlap
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Latest news on Elephant
Complete news archive for Elephant
Full article history, source details, and older brand coverage require an active premium plan.
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Similar companies to Elephant
10 companies that operate in the same segment as Elephant (Insurance Providers), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
General and life insurance products are provided across multiple categories. | 2016 | Bengaluru, Karnataka, India | USD 466.54 M | USD 1.12 B | 4,530 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 655.23 M | USD 216.04 M | 461 | |
Provider of a cloud-based platform for life and P&C insurance | 2015 | New York, New York, United States | USD 643.86 M | USD 615.2 M | 1,240 | |
App-based health insurance is offered to individuals and businesses. | 2016 | Paris, France | USD 863.12 M | – | – | |
Online small business insurance policies are provided. | 2016 | Palo Alto, California, United States | USD 1.2 B | – | – | |
App-based comparison platform for financial products | 2009 | San Francisco, California, United States | USD 123.3 M | USD 836.6 M | 650 | |
Homeowners insurance coverage is delivered via an online platform. | 2015 | Palo Alto, California, United States | USD 709.36 M | USD 468.6 M | 478 | |
Online health insurance is provided to individuals and businesses. | 2012 | New York, New York, United States | USD 1.63 B | USD 11.7 B | 2,400 | |
Insurance plans are compared and purchased via an online marketplace. | 2008 | Gurugram, Haryana, India | – | – | – | |
Provider of protection plans and repair services for gadgets and appliances | 2011 | Mumbai, Maharashtra, India | USD 53.15 M | USD 35.77 M | 336 |
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Frequently Asked Questions about Elephant
Elephant was founded in 2011.
Elephant is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Elephant has 458 employees.
The primary company behind Elephant, Alliance Insurance Brokers Private Limited, reported revenue of ₹183 Cr for FY 2025, up 12% year on year.
Online insurance comparison platform for corporate employees. It offers quotes for home insurance, health insurance, auto insurance, cyber insurance, critical illness, and more. It also offers claims services. Its insurance partners include Digit Insurance, Bharti AXA, TATA AIF, HDFC AGRO, and more.
Elephant's top competitors include Policybazaar, InsuranceDekho and PB Fintech.
Elephant operates through Alliance Insurance Brokers Private Limited.
The legal entities of Elephant currently have 8 directors, including Sangeeta Bhagwatiprasad Modi, Nilesh Bansilal Mehta, Pranav Kanak Shah and others.
Yes. Elephant publishes Elephant.in and 2 more apps, with over 2,000 downloads.