Exide Life

Bengaluru, India Founded: 2001 • Age: 25 yrs Acquired By HDFC Life
Exide Life Insurance
Annual revenue - Latest available
Total funding - Funding intelligence
Employees 4420 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Exide Life

Exide Life is a company based in Bengaluru (India) founded in 2001 was acquired by HDFC Life in September 2021. The company has 4,420 employees as of April 03, 2024. Exide Life operates in a competitive market with competitors including SBI Life Insurance, Life Insurance Corporation of India, HDFC Life, ICICI Prudential Life Insurance and PNB MetLife, among others.

  • Headquarter Bengaluru, India
  • Employees 4420 as on 03 Apr, 2024
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Exide Life Insurance Company Limited
  • Date of Incorporation 13 Dec, 2000
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Financial Services → Insurance & Risk Management Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    4420

    as on Apr 03, 2024

  • Acquired by
    HDFC Life

    (Sep 03, 2021)

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Funding Insights of Exide Life

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Detailed funding history for Exide Life

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Investors in Exide Life

Exide Life has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include HDFC Life.

All
Institutional
Investor Description Founded Year Domain Location
Life and health insurance services are offered in India.
Locked Locked Locked
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Investor details for Exide Life

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Investments & Acquisitions by Exide Life

Investments
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Investment portfolio details for Exide Life

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Financial Statements - Exide Life

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Detailed financials for Exide Life

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Exide Life Comparisons

Exide Life Primary company
Description
Exide Life Insurance
Location
Bengaluru, India
Founded Year
2001
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
4,420
As of 2024
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Peer comparison for Exide Life

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Competitors of Exide Life

Exide Life 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 SBI Life Insurance, Life Insurance Corporation of India, HDFC Life, ICICI Prudential Life Insurance and PNB MetLife, among others.

Company Name Domain Founded year HQ Location Description
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Life Insurance joint venture between SBI and BNP Paribas Cardiff
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Life insurance and micro insurance services are provided in India.
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Life and health insurance services are offered in India.
Locked Locked Locked
Provider of life insurance services
Locked Locked Locked
Provider of life insurance services
Locked Locked Locked
Life and general insurance products are provided by Tata AIA.
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Detailed competitors of Exide Life

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Latest news on Exide Life

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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 current CEO of Exide Life.

As of Apr 03, 2024, the latest employee count at Exide Life is 4,420.

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 PNB MetLife.

Exide Life has 1 investor. Key investors include HDFC Life.

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