Paytm Insurance

Delhi, India Founded: 2019 • Age: 7 yrs
Provides online tools to compare and buy car, bike, health, and term insurance policies.

About Paytm Insurance

Paytm Insurance is a Financial Services company based in Delhi (India) founded in 2019. It provides online tools to compare and buy car, bike, health, and term insurance policies. It operates on a B2C and Marketplace model. The company has 40 employees. Its website paytminsurance.co.in draws about 33 thousand monthly visits. Its Indian entity Paytm Insurance Broking Private Limited reported revenue of β‚Ή37.11 Cr. Paytm Insurance offers products and services including Car Insurance, Bike Insurance, Health Insurance, and Term Insurance. Its focus areas include FinTech, Insurance Tech, Online Insurance and Policy Comparison. Similar companies include Policybazaar, InsuranceDekho, PB Fintech, Turtlemint and Finhaat and 2 more; 6 of its 7 listed similar companies have raised funding.

Company details

Paytm Insurance Broking Private Limited serves as an insurance aggregator in India, enabling users to compare quotes from leading insurers for car, bike, health, and term policies. It facilitates paperless purchases, quick issuance, and 247 support without spam calls. The platform emphasizes user-friendly processes and options for switching insurers easily, targeting individual consumers seeking affordable coverage.

Key Metrics
  • Annual Revenue
    ₹37.11 Cr

    FY 2025 · +15% YoY

  • Net Loss
    -₹13.16 Cr

    FY 2025 · -35% margin

  • EBITDA
    -₹12.37 Cr

    FY 2025 · -33% margin

  • Employee Count
    40

Products & Services of Paytm Insurance

Paytm Insurance offers a comprehensive portfolio of products and services, including Car Insurance, Bike Insurance, Health Insurance, and Term Insurance.

Car Insurance
Auto Insurance

Service for comparing and purchasing car insurance policies online.

Bike Insurance
Auto Insurance

Platform for buying two-wheeler insurance with add-on options.

Health Insurance
Health Insurance

Tool to compare and acquire health coverage plans digitally.

Term Insurance
Life Insurance

Offers comparison of term life insurance policies for individuals.

Board of directors of Paytm Insurance Broking Private Limited (Paytm Insurance)

Paytm Insurance Broking Private Limited is the primary company behind Paytm Insurance. The board of Paytm Insurance Broking Private Limited currently have 4 directors; the longest-serving is Sanjeev Garg, appointed in 2022. 17 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sanjeev Garg
DIN 06922778
Director22 Feb 20224 yrs 7 moPaytm Insurance Broking Private Limited
Siddharth Umesh Mehra
DIN 07656814
Whole-time director21 Mar 20251 yr 6 moPaytm Insurance Broking Private Limited
Debendranath Sarangi
DIN 01408349
Director21 Mar 20251 yr 6 moPaytm Insurance Broking Private Limited
Ankur Dhariwal
DIN 11201087
Whole-time director08 Sep 20251 yr 1 moPaytm Insurance Broking Private Limited

People of Paytm Insurance

1 people are tracked at Paytm Insurance (1 in leadership); the tracked headcount is 40.

NameRoleGroup
Non-executive DirectorLeadership
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Financials of Paytm Insurance

Figures of Paytm Insurance Broking Private Limited, the primary company behind Paytm Insurance, for FY 2025. Revenue was ₹37.11 Cr (+15% year on year). Net loss was -₹13.16 Cr (-35% margin). EBITDA was -₹12.37 Cr (-33% margin). Revenue has grown at a compounded annual rate of +76% over three years and +363% over five years.

  • ₹37.11 CrRevenue · FY 2025 · +15% YoY
  • -₹13.16 CrNet loss · -35% margin
  • -₹12.37 CrEBITDA · -33% margin
  • ₹75.00 CrPaid-up capital
  • 40Employees (provident fund records)
  • +76%Revenue CAGR, 3 years
  • +363%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Paytm Insurance Broking Private Limited are on its company page.

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Detailed financial statements for Paytm Insurance

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Similar companies to Paytm Insurance

Paytm Insurance has 7 listed similar companies in our database, 6 of them funded. They include Policybazaar, InsuranceDekho, PB Fintech, Turtlemint and Finhaat, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
policybazaar.com2008Gurugram, India–24,206
Insurance plans are compared and purchased via an online marketplace.
insurancedekho.com2016Gurugram, India$394.5M2,077
Online insurance policies are compared and purchased through the platform.
pbfintech.in2008Gurugram, India$443.26M286
Online platform for insurance and lending products is operated.
turtlemint.com2015Mumbai, India$220.08M2,400
Provider of platform for comparing and purchasing insurance, loans, and funds
finhaat.com2021Mumbai, India$6.65M133
A B2B platform is provided for distributing financial products.
quickinsure.co.in2016Pune, India$6.38M231
Online platform for comparing and buying insurance policies is operated.
probusinsurance.com2002Mumbai, India$6.7M256
Digital insurance platform offering policy comparison across multiple insurance categories
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Detailed similar companies of Paytm Insurance

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Web traffic of Paytm Insurance

The website of Paytm Insurance (paytminsurance.co.in) receives about 32.6K visits a month.

  • Monthly visits
    32.6K

    ▲ 2.7% vs previous month

Similar websites

Websites whose visitors overlap most with Paytm Insurance. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
yaper.co
100%
10.3K–View details
squareinsurance.in
86%
136.9K#226,795View details
magmainsurance.com
80%
82.7K#393,656View details
smcinsurance.com
79%
60.9K#333,457View details
coverfox.com
78%
205K#187,285View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Insurance Providers

10 companies that operate in the same segment as Paytm Insurance (Insurance Providers), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
General and life insurance products are provided across multiple categories.
2016Bengaluru, Karnataka, IndiaUSD 466.54 MUSD 1.12 B4,530
Insurance products for vehicles, health, travel, and life are offered.
2016Bengaluru, Karnataka, IndiaUSD 655.23 MUSD 216.04 M461
Provider of a cloud-based platform for life and P&C insurance
2015New York, New York, United StatesUSD 643.86 MUSD 615.2 M1,240
App-based health insurance is offered to individuals and businesses.
2016Paris, FranceUSD 863.12 M––
Online small business insurance policies are provided.
2016Palo Alto, California, United StatesUSD 1.2 B––
App-based comparison platform for financial products
2009San Francisco, California, United StatesUSD 123.3 MUSD 836.6 M650
Homeowners insurance coverage is delivered via an online platform.
2015Palo Alto, California, United StatesUSD 709.36 MUSD 468.6 M478
Online health insurance is provided to individuals and businesses.
2012New York, New York, United StatesUSD 1.63 BUSD 11.7 B2,400
Insurance plans are compared and purchased via an online marketplace.
2008Gurugram, Haryana, India–––
Provider of protection plans and repair services for gadgets and appliances
2011Mumbai, Maharashtra, IndiaUSD 53.15 MUSD 35.77 M336
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Related news about Paytm Insurance

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Frequently Asked Questions about Paytm Insurance

Paytm Insurance was founded in 2019.

Paytm Insurance is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Paytm Insurance has 40 employees.

The primary company behind Paytm Insurance, Paytm Insurance Broking Private Limited, reported revenue of β‚Ή37.11 Cr for FY 2025, up 15% year on year.

Paytm Insurance Broking Private Limited serves as an insurance aggregator in India, enabling users to compare quotes from leading insurers for car, bike, health, and term policies. It facilitates paperless purchases, quick issuance, and 247 support without spam calls. The platform emphasizes user-friendly processes and options for switching insurers easily, targeting individual consumers seeking affordable coverage.

Paytm Insurance's top competitors include Policybazaar, InsuranceDekho and PB Fintech.

Paytm Insurance offers Car Insurance, Bike Insurance, Health Insurance, and Term Insurance.

Paytm Insurance operates through Paytm Insurance Broking Private Limited.

The legal entities of Paytm Insurance currently have 5 directors, including Shanu Agrawal, Sanjeev Garg, Ankur Dhariwal and others.

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