About Exide Life
Exide Life is a Financial Services company based in Bengaluru (India) founded in 2001, and was acquired by HDFC Life in September 2021. Exide Life Insurance. The company has 4,420 employees. Its chief executive, as recorded, is Vibha Padalkar. Its focus areas include Insurance Carriers and Life. Its legal entity in India is Exide Life Insurance Company Limited (U66010MH2000PLC377660). Its competitors include SBI Life Insurance, Life Insurance Corporation of India and HDFC Life; 2 of its 3 listed competitors have raised funding.
Company details
Exide has more than 10 lakh customers and has 8800 crores of assets under management. It uses multiples channels to reach out to clients - agency, bancassurance, alliances and direct channels. It has more than 35000 advisers. It is pre-dominant in South India. Now, the company is looking to expand across other parts of the country. Exide Life was formerly called ING Vysya life insurance. ING Vysya sold its stake and since then Exide life is a 100 subsidiary of Exide Industries. It offers products across life, health, accident, savings, investments, retirement and pension.
- Headquarters Bengaluru, India
- Employees 4,420
- Stage Acquired
- SectorsFinancial Services
- Phone•••• ••••
- Website exidelife.in
- Social LinkedIn X Facebook
- Acquired by HDFC Life (Sep 2021)
- Legal Name Exide Life Insurance Company Limited
- Date of Incorporation 13 Dec, 2000
- Jurisdiction Mumbai, Maharashtra, India
Associated legal entities of Exide Life
Exide Life is associated with 2 registered companies on The Company Check; the primary company is Exide Life Insurance Company Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 0000) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Exide Life Insurance Company Limited CIN U66010MH2000PLC377660 | Amalgamated | 13 Dec 2000 | Mumbai, Maharashtra | 4,420 | 8 | View details | |
| Exide Industries Limited Listed CIN L31402WB1947PLC014919 | Active | 31 Jan 1947 | Kolkata, West Bengal | ₹18,097 Cr | 4,795 | 12 | View details |
Investors in Exide Life
Exide Life has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include HDFC Life.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Life and health insurance services are offered in India. | 2000 | hdfclife.com | Mumbai, India |
Investor details for Exide Life
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Board of directors of Exide Life Insurance Company Limited (Exide Life)
Exide Life Insurance Company Limited is the primary company behind Exide Life. The boards of the 2 registered companies of Exide Life currently have 15 directors; the longest-serving is Rajan Beharilal Raheja, appointed in 1991. 55 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajan Beharilal Raheja DIN 00037480 | Director | 12 Dec 1991 | 34 yrs 10 mo | Exide Industries Limited |
| Surin Kapadia DIN 00770828 | Director | 25 Oct 2017 | 9 yrs | Exide Industries Limited |
| Avik Kumar Roy DIN 08456036 | Managing Director | 01 May 2021 | 5 yrs 6 mo | Exide Industries Limited |
| Sandip Goenka DIN 10777208 | CFO | 22 Jun 2021 | 5 yrs 4 mo | Exide Life Insurance Company Limited |
| Vegulaparanan Kasi Viswanathan DIN 01782934 | Director | 01 Jan 2022 | 4 yrs 10 mo | Exide Life Insurance Company Limited |
| Bharti Gupta Ramola DIN 00356188 | Director | 01 Jan 2022 | 4 yrs 10 mo | Exide Life Insurance Company Limited |
| Prasad Chandran DIN 00200379 | Director | 01 Jan 2022 | 4 yrs 10 mo | Exide Life Insurance Company Limited |
| Sanjay Vij DIN 09460669 | Director | 10 Jan 2022 | 4 yrs 9 mo | Exide Life Insurance Company Limited |
| Srinivasan Parthasarathy DIN 05338278 | Director | 14 Feb 2022 | 4 yrs 8 mo | Exide Life Insurance Company Limited |
| Sridhar Gorthi DIN 00035824 | Director | 29 Jul 2022 | 4 yrs 3 mo | Exide Industries Limited |
| Radhika Govind Rajan DIN 00499485 | Director | 16 May 2024 | 2 yrs 5 mo | Exide Industries Limited |
| Jaidit Singh Brar DIN 10799130 | Director | 04 Nov 2024 | 2 yrs | Exide Industries Limited |
| Manoj Kumar Agarwal DIN 11040471 | Whole-time director | 01 May 2025 | 1 yr 6 mo | Exide Industries Limited |
| Rajeev Khandelwal DIN 08763979 | Whole-time director | 01 Sep 2025 | 1 yr 2 mo | Exide Industries Limited |
| Pravin Ramchandra Saraf DIN 10137023 | Whole-time director | 01 Sep 2025 | 1 yr 2 mo | Exide Industries Limited |
People of Exide Life
1 people are tracked at Exide Life (1 in leadership); the tracked headcount is 4,420.
| Name | Role | Group |
|---|---|---|
Vibha Padalkar | CEO & MD | Leadership |
Complete people profiles for Exide Life
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Timeline of Exide Life
2 dated milestones of Exide Life across 20 years, from founding to its latest funding, stage changes and deals.
- Founded Exide Life is founded.
- Exit Acquired by HDFC Life.
Competitors of Exide Life
Exide Life has 3 listed competitors in our database, 2 of them funded. They include SBI Life Insurance, Life Insurance Corporation of India and HDFC Life.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sbilife.co.in | 2000 | Mumbai, India | $264M | 25,645 | Life Insurance joint venture between SBI and BNP Paribas Cardiff | |
| licindia.in | 1956 | Mumbai, India | $108,088 | 98,667 | Life insurance and micro insurance services are provided in India. | |
| hdfclife.com | 2000 | Mumbai, India | 32,486 | Life and health insurance services are offered in India. |
Detailed competitors of Exide Life
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Web traffic of Exide Life
Websites that share an audience with Exide Life (exidelife.in).
Websites whose visitors overlap most with Exide Life. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
inglife.co.in | inglife.co.in | 100% | – | ||
irda.gov.in | irda.gov.in | 82% | #4,551,806 | – | |
shriramlife.in | shriramlife.in | 82% | #377,874 | – | |
reliancelife.com | reliancelife.com | 82% | #7,521,290 | – | |
insurance-business-review.com | insurance-business-review.com | 82% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for Exide Life
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- 13 similar websites
- Audience overlap
- Engagement analytics
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Verified entity values are shown only after access is granted.
Top companies in Insurance & Risk Management
3 companies that operate in the same segment as Exide Life (Insurance & Risk Management) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Health insurance plans are offered for individuals and families. | 2006 | Chennai, Tamil Nadu, India | USD 783.29 M | USD 1.9 B | 15,820 | |
Life, health, and general insurance services are provided across India. | 2001 | Mumbai, Maharashtra, India | USD 306.52 M | USD 2.88 B | 16,700 | |
Financial solutions including loans and insurance are offered. | 2007 | Pune, Maharashtra, India | USD 15.24 B | 126 |
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Related news about Exide Life
Complete news archive for Exide Life
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Frequently Asked Questions about Exide Life
Exide Life was founded in 2001.
Exide Life is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Vibha Padalkar is the CEO of Exide Life, as recorded in our data.
Exide Life has 4,420 employees.
Exide has more than 10 lakh customers and has 8800 crores of assets under management. It uses multiples channels to reach out to clients - agency, bancassurance, alliances and direct channels. It has more than 35000 advisers. It is pre-dominant in South India. Now, the company is looking to expand across other parts of the country. Exide Life was formerly called ING Vysya life insurance. ING Vysya sold its stake and since then Exide life is a 100 subsidiary of Exide Industries. It offers products across life, health, accident, savings, investments, retirement and pension.
Exide Life's top competitors include SBI Life Insurance, Life Insurance Corporation of India and HDFC Life.
Exide Life has 1 investor. Key investors include HDFC Life.
Exide Life is associated with 2 legal entities: Exide Life Insurance Company Limited, Exide Industries Limited.
Yes. Exide Life was acquired by HDFC Life in September 2021.
The legal entities of Exide Life currently have 17 directors, including Vegulaparanan Kasi Viswanathan, Bharti Gupta Ramola, Sandip Goenka and others.