About IndiaFirst Life
IndiaFirst Life is a Financial Services company based in Mumbai (India) founded in 2009. It operates as a provider of life health insurance services to individuals and families. 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. IndiaFirst Life was last valued at $1.34 billion in September 2019. Its website indiafirstlife.com draws about 299 thousand monthly visits. Its focus areas include Insurance Carriers and Diversified. Its legal entity in India is Indiafirst Life Insurance Company Limited (U66010MH2008PLC183679). Its competitors include SBI Life Insurance, Life Insurance Corporation of India, HDFC Life, ICICI Prudential Life Insurance and PNB MetLife and 4 more; 4 of its 9 listed competitors have raised funding.
Company details
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.
- Headquarters Mumbai, India
- Employees 4,303
- SectorsFinancial Services
- Website category Finance · Insurance
- Website indiafirstlife.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Indiafirst Life Insurance Company Limited
- Date of Incorporation 19 Jun, 2008
- Jurisdiction Mumbai, Maharashtra, India
- Total Equity Funding$58.16M (USD)
in 3 rounds
- Latest Funding Round$21.04M (USD), Series C
Sep 2019
- InvestorsWarburg Pincus
& 2 more
- Employee Count4,303
Associated legal entities of IndiaFirst Life
IndiaFirst Life operates through Indiafirst Life Insurance Company 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 |
|---|---|---|---|---|---|---|---|
| Indiafirst Life Insurance Company Limited CIN U66010MH2008PLC183679 | Active | 19 Jun 2008 | Mumbai, Maharashtra | ₹0.0 Cr | 4,303 | 14 | View details |
Apps and channels of IndiaFirst Life
its YouTube channel IndiaFirst Life has 17.4K subscribers and 30 videos.
Videos from IndiaFirst Life
The most watched videos on IndiaFirst Life's YouTube channel, IndiaFirst Life (17.4K subscribers). Click a video to play it here.
More on IndiaFirst Life.
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.
- Total Funding $58.16M
- Total Rounds 3
- Last Round Series C — $21.04M
- First Round $37.12M
(Aug 2009)
- Investors Count 3
All 3 funding rounds of IndiaFirst Life with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2019 | $21.04M | Series C | $1.34B | Carmel Point Investment India Private Limited | – |
| Feb 2019 | – | Private Equity Round | – | – | |
| Aug 2009 | $37.12M | Series C | $57.23M | Legal & General | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2019 | $1.34B | •••••••• |
| Aug 2009 | $57.23M | •••••••• |
Last known valuation $1.34B (Sep 2019). 3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multi-stage private equity investments are pursued across diverse sectors. | 1966 | warburgpincus.com | New York, United States | |
- | – | carmelpointinvestmentindia.tcc.mode | - | |
Life, home, pet, and general insurance services are offered online. | 1836 | legalandgeneral.com | London, United Kingdom |
Investor details for IndiaFirst Life
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Board of directors of Indiafirst Life Insurance Company Limited (IndiaFirst Life)
Indiafirst Life Insurance Company Limited is the primary company behind IndiaFirst Life. The board of Indiafirst Life Insurance Company Limited currently have 10 directors; the longest-serving is Narendra Ostawal, appointed in 2019. 72 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Narendra Ostawal DIN 06530414 | Nominee Director | 07 Feb 2019 | 7 yrs 8 mo | Indiafirst Life Insurance Company Limited |
| Kedar Anant Patki DIN 03233087 | CFO | 06 Aug 2019 | 7 yrs 2 mo | Indiafirst Life Insurance Company Limited |
| Harita Gupta DIN 01719806 | Director | 27 Jul 2021 | 5 yrs 2 mo | Indiafirst Life Insurance Company Limited |
| Debadatta Chand DIN 07899346 | Nominee Director | 13 Sep 2023 | 3 yrs 1 mo | Indiafirst Life Insurance Company Limited |
| Shailendra Harinandan Singh DIN 08751442 | Nominee Director | 25 Apr 2024 | 2 yrs 5 mo | Indiafirst Life Insurance Company Limited |
| Sandeep Ramesh Kagzi DIN 08264768 | Nominee Director | 25 Apr 2024 | 2 yrs 5 mo | Indiafirst Life Insurance Company Limited |
| Lalit Tyagi DIN 08220977 | Nominee Director | 08 May 2024 | 2 yrs 5 mo | Indiafirst Life Insurance Company Limited |
| Rushabh Ashwin Gandhi DIN 08406332 | Managing Director | 01 Jul 2024 | 2 yrs 3 mo | Indiafirst Life Insurance Company Limited |
| Narasimhan Rajashekaran DIN 02313710 | Director | 11 Oct 2024 | 2 yrs | Indiafirst Life Insurance Company Limited |
| Rajaraman Arunachalam DIN 08485580 | Director | 31 Mar 2025 | 1 yr 6 mo | Indiafirst Life Insurance Company Limited |
People of IndiaFirst Life
6 people are tracked at IndiaFirst Life (4 in leadership, 2 in team); the tracked headcount is 4,303.
| Name | Role | Group |
|---|---|---|
Poonam Tandon | Chief Investment Officer | Leadership |
Subhankar Sengupta | Chief Marketing Officer And Head Alternate Channels | Leadership |
| President And Chief Financial Officer | Leadership | |
Viraj Nadkarni | Head Of Equities | Leadership |
Alok Baadkar | Equity Fund Manager | Team |
Nalin Bhandari | Finance Controller | Team |
Complete people profiles for IndiaFirst Life
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of IndiaFirst Life
5 dated milestones of IndiaFirst Life across 10 years, from founding to its latest funding, stage changes and deals.
- Founded IndiaFirst Life is founded.
- Funding First funding round of $37.1M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series C, of $21.0M.
- Milestone Reaches Unicorn status.
Competitors of IndiaFirst Life
IndiaFirst Life has 9 listed competitors in our database, 4 of them funded. They include SBI Life Insurance, Life Insurance Corporation of India, HDFC Life, ICICI Prudential Life Insurance and PNB MetLife, among others.
| 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. | |
| iciciprulife.com | 2001 | Mumbai, India | $294.57M | 17,877 | Provider of life insurance services | |
| pnbmetlife.com | 2001 | Bengaluru, India | – | 25,609 | Provider of life insurance services | |
| tataaia.com | 2001 | Mumbai, India | – | 14,528 | Life and general insurance products are provided by Tata AIA. | |
| bajajallianzlife.com | 2001 | Pune, India | – | 36,050 | Provides life insurance, term plans, ULIPs, and savings for financial security. | |
| reliancenipponlife.com | 2000 | Mumbai, India | – | 24,325 | Life insurance policies are provided to customers across India. | |
| edelweisstokio.in | 2011 | Mumbai, India | $103.99M | 5,648 | Life insurance policies are provided nationwide in India. |
Detailed competitors of IndiaFirst Life
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
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Verified entity values are shown only after access is granted.
Web traffic of IndiaFirst Life
The website of IndiaFirst Life (indiafirstlife.com) receives about 299.2K visits a month and ranks #177,497 among all websites worldwide, #10,912 in Insurance.
- Monthly visits299.2K
▲ 21.2% vs previous month
- Unique visitors134K
per month
- Global rank#177,497
among all websites
- Category rank#10,912
Finance · Insurance
- Bounce rate60%
- Pages per visit2.6
- Average visit2 min 12 sec
- DevicesDesktop 21% · Mobile 79%
Websites whose visitors overlap most with IndiaFirst Life. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| iciciprulife.com | 100% | 4.5M | #11,045 | View details | |
| tataaia.com | 97% | 2M | #20,823 | View details | |
| hdfclife.com | 95% | 4.3M | #10,969 | View details | |
| kotaklife.com | 94% | – | #120,058 | View details | |
| sudlife.in | 93% | 223.4K | #215,318 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for IndiaFirst Life
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Insurance & Risk Management
10 companies that operate in the same segment as IndiaFirst Life (Insurance & Risk Management), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M | – | – | |
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 | |
Life Insurance joint venture between SBI and BNP Paribas Cardiff | 2000 | Mumbai, Maharashtra, India | USD 264 M | USD 14.28 B | 26,360 | |
Insurance, banking, and wealth management services are provided worldwide. | 1816 | Paris, France | – | USD 128.35 B | 100,040 | |
Investment advisory, insurance distribution, and risk management services are provided. | 1998 | Chicago, Illinois, United States | USD 1.6 B | – | – | |
Financial institution offering insurance & transaction services | 1847 | Jacksonville, United States | USD 500 M | USD 14.51 B | 23,530 | |
Integrated healthcare services and coverage are provided nationwide. | 1945 | United States | – | – | – | |
Cloud-based employee benefits administration solutions are delivered. | 1998 | West Des Moines, Iowa, United States | USD 65.16 M | – | – |
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Related news about Indiafirst Life
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. The company's 1st funding round was a Series C of $37.12M, raised on Aug 2009.
IndiaFirst Life has 4,303 employees.
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.
IndiaFirst Life operates through Indiafirst Life Insurance Company Limited.
The legal entities of IndiaFirst Life currently have 12 directors, including Narasimhan Rajashekaran, Rajaraman Arunachalam, Shailendra Harinandan Singh and others.
The website of IndiaFirst Life receives about 299 thousand visits a month and ranks #177,497 among all websites worldwide.