IndiaFirst Life

Mumbai, India Founded: 2009 • Age: 17 yrs
Provider of life health insurance services to individuals and families
Annual revenue - Latest available
Total funding $58.2M 3 rounds
Employees 4303 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About IndiaFirst Life

IndiaFirst Life is a company based in Mumbai (India) founded in 2009. IndiaFirst Life has raised $58.16 million across 3 funding rounds from investors including Warburg Pincus, Legal & General and Carmel Point Investment India Private Limited. The company has 4,303 employees as of April 07, 2024. IndiaFirst 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 Mumbai, India
  • Employees 4303 as on 07 Apr, 2024
  • Stage Unicorn
  • Sectors
    Financial Services
  • Phone
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  • Website
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  • Social
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  • Legal Name Indiafirst Life Insurance Company Limited
  • Date of Incorporation 19 Jun, 2008
  • 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
  • Total Equity Funding
    $58.16 M (USD)

    in 3 rounds

  • Latest Funding Round
    $21.04 M (USD), Series C

    Sep 20, 2019

  • Investors
  • Employee Count
    4303

    as on Apr 07, 2024

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People of IndiaFirst Life

Headcount 1000-5000
Employee Profiles 6
Employee Profiles
People
Alok Baadkar
Equity Fund Manager
People
Poonam Tandon
Chief Investment Officer
People
Subhankar Sengupta
Chief Marketing Officer And Head Alternate Channels
People
Kedar Patki
President And Chief Financial Officer

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Funding Insights of IndiaFirst Life

IndiaFirst Life has successfully raised a total of $58.16M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $21.04 million completed in September 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in IndiaFirst Life

IndiaFirst Life has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Warburg Pincus, Legal & General and Carmel Point Investment India Private Limited.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Multi-stage private equity investments are pursued across diverse sectors.
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Life, home, pet, and general insurance services are offered online.
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Investor details for IndiaFirst Life

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by IndiaFirst Life

Investments
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Investment portfolio details for IndiaFirst Life

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  • Transaction dates
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Financial Statements - IndiaFirst Life

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Detailed financials for IndiaFirst Life

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  • Profit trends
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Indiafirst Life Comparisons

IndiaFirst Life Primary company
Description
Provider of life & health insurance services to individuals ...
Location
Mumbai, India
Founded Year
2009
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
4,303
As of 2024
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Peer comparison for IndiaFirst Life

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Competitors of IndiaFirst Life

IndiaFirst 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.
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Provider of life insurance services
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Provider of life insurance services
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Life and general insurance products are provided by Tata AIA.
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Detailed competitors of IndiaFirst Life

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Latest news on Indiafirst Life

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Complete news archive for IndiaFirst Life

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Frequently Asked Questions about IndiaFirst Life

IndiaFirst Life was founded in 2009.

IndiaFirst Life is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

IndiaFirst Life is a funded company, having raised a total of $58.16M across 3 funding rounds to date.

As of Apr 07, 2024, the latest employee count at IndiaFirst Life is 4,303.

IndiaFirst Life was founded in 2009 and is headquartered in Mumbai, India. Operations focus on the insurance sector, where life and health coverage is provided through protection, savings, and group plans. Services are extended to individuals and families, with emphasis placed on financial stability, claims processing efficiency, and straightforward policy structures across the Indian market.

IndiaFirst Life's top competitors include SBI Life Insurance, Life Insurance Corporation of India and PNB MetLife.

IndiaFirst Life has 3 investors. Key investors include Warburg Pincus, Legal & General, and Carmel Point Investment India Private Limited.

The valuation of IndiaFirst Life is $1.34B as of Sep 2019.

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