About Insurance Padosi
Insurance Padosi is a Financial Services company based in Gurugram (India) founded in 2023 by Abhay Singh, Gaurav Gupta, and Vaibhav Kathju. It delivers comprehensive health insurance services to individuals. It operates on a B2C model. Insurance Padosi has raised $500 thousand across 1 funding round from investors including Antler, Hemant Kaul and Satish Pillai. Its chief executive, as recorded, is Vaibhav Kathju. Its Indian entity Karnodakshayi Insurance Private Limited reported revenue of ₹13.8 Lakh. Its focus areas include Finance, Insurance, Health Insurance and Services. Its competitors include Star Health and Allied Insurance, Niva Bupa and Care Health Insurance; 3 of its 3 listed competitors have raised funding.
Company details
Insurance Padosi operates with a B2C model, focusing on finance, offering insurance products, health insurance, and providing essential services. Delivers comprehensive health insurance services to individuals. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Gurugram, India
- Founders Abhay Singh, Gaurav Gupta, Vaibhav Kathju
- SectorsFinancial Services
- Website insurancepadosi.in
- Legal Name Karnodakshayi Insurance Private Limited
- Date of Incorporation 28 Jul, 2023
- Jurisdiction Jodhpur, Rajasthan, India
- Annual Revenue₹13.8 Lakh
FY 2025 · +43% YoY
- Net Loss-₹3.18 Cr
FY 2025 · -2300% margin
- EBITDA-₹3.17 Cr
FY 2025 · -2290% margin
- Total Equity Funding$500K (USD)
in 1 rounds
- Latest Funding Round$500K (USD), Seed
Aug 2024
- InvestorsAntler
& 2 more
Associated legal entities of Insurance Padosi
Insurance Padosi operates through Karnodakshayi Insurance 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 |
|---|---|---|---|---|---|---|---|
| Karnodakshayi Insurance Private Limited CIN U66220RJ2023PTC089124 | Active | 28 Jul 2023 | Jodhpur, Rajasthan | ₹0.1 Cr | 13 | 2 | View details |
Funding Insights of Insurance Padosi
Insurance Padosi has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in August 2024. 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 $500,000
- Total Rounds 1
- Last Round Seed — $500,000
- First Round $500,000
(Aug 2024)
- Investors Count 3
All 1 funding rounds of Insurance Padosi 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 |
|---|---|---|---|---|---|
| Aug 2024 | $500,000 | Seed | – | Antler |
3 investors in total: 1 institutional and 2 angel.
Investors in Insurance Padosi
Insurance Padosi has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Antler, Hemant Kaul and Satish Pillai.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investing and founder support services are offered globally by Antler. | 2018 | antler.co | ||
HK Hemant Kaul | unknown_0a3099ed39204a498 | |||
SP Satish Pillai | unknown_7671845b243f42fb9 |
Investor details for Insurance Padosi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Karnodakshayi Insurance Private Limited (Insurance Padosi)
Karnodakshayi Insurance Private Limited is the primary company behind Insurance Padosi. The board of Karnodakshayi Insurance Private Limited currently have 2 directors; the longest-serving is Vaibhav Kathju, appointed in 2023. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vaibhav Kathju DIN 10171567 | Director | 28 Jul 2023 | 3 yrs 3 mo | Karnodakshayi Insurance Private Limited |
| Abhay Nath Singh DIN 10587783 | Individual Subscriber | 28 Jul 2023 | 3 yrs 3 mo | Karnodakshayi Insurance Private Limited |
People of Insurance Padosi
3 people are tracked at Insurance Padosi (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, COO | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder, CEO | Leadership |
Complete people profiles for Insurance Padosi
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
Verified entity values are shown only after access is granted.
Financials of Insurance Padosi
Figures of Karnodakshayi Insurance Private Limited, the primary company behind Insurance Padosi, for FY 2025. Revenue was ₹13.8 Lakh (+43% year on year). Net loss was -₹3.18 Cr (-2300% margin). EBITDA was -₹3.17 Cr (-2290% margin).
- ₹13.8 LakhRevenue · FY 2025 · +43% YoY
- -₹3.18 CrNet loss · -2300% margin
- -₹3.17 CrEBITDA · -2290% margin
- ₹55.6 LakhPaid-up capital
- 13Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Karnodakshayi Insurance Private Limited are on its company page.
Detailed financial statements for Insurance Padosi
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Insurance Padosi
2 dated milestones of Insurance Padosi across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Insurance Padosi is founded.
- Funding First funding round of $500K.
Competitors of Insurance Padosi
Insurance Padosi has 3 listed competitors in our database, 3 of them funded. They include Star Health and Allied Insurance, Niva Bupa and Care Health Insurance.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| starhealth.in | 2006 | Chennai, India | $783.29M | 32,784 | Health insurance plans are offered for individuals and families. | |
| nivabupa.com | 2008 | Delhi, India | $96.08M | 14,051 | Multiple insurance services are provided via an online app platform. | |
| careinsurance.com | 2012 | Gurugram, India | $79.53M | 13,647 | Provider of health and travel insurance plans |
Detailed competitors of Insurance Padosi
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Health Insurance Providers
3 companies that operate in the same segment as Insurance Padosi (Health Insurance Providers) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Offers insurance for health, vehicles, travel, life, and commercial needs. | 2001 | Pune, Maharashtra, India | 8,624 | |||
Operates as a health and general insurance provider. | 2012 | Mumbai, Maharashtra, India | 2,005 | |||
Provision of health and travel insurance services in India. | 2012 | Gurugram, Haryana, India | 14,959 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Insurance Padosi
Complete news archive for Insurance Padosi
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Insurance Padosi
Insurance Padosi was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Insurance Padosi is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Vaibhav Kathju is the CEO of Insurance Padosi, as recorded in our data. They have also founded this company.
Insurance Padosi is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Seed of $500K, raised on Aug 2024.
The primary company behind Insurance Padosi, Karnodakshayi Insurance Private Limited, reported revenue of ₹13.8 Lakh for FY 2025, up 43% year on year.
Insurance Padosi operates with a B2C model, focusing on finance, offering insurance products, health insurance, and providing essential services. Delivers comprehensive health insurance services to individuals. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Insurance Padosi's top competitors include Star Health and Allied Insurance, Niva Bupa and Care Health Insurance.
Insurance Padosi has 3 investors. Key investors include Antler, Hemant Kaul, and Satish Pillai.
Insurance Padosi operates through Karnodakshayi Insurance Private Limited.
The legal entities of Insurance Padosi currently have 2 directors, including Vaibhav Kathju, Abhay Nath Singh.