About Reliance Life
Reliance Life is a company based in Mumbai (India) founded in 2000 by Dhirubhai Ambani.. The company has 20,699 employees as of April 09, 2024. Reliance 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 20699 as on 09 Apr, 2024
- Founders Dhirubhai Ambani
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Sectors
Financial Services
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Phone
*********
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Website
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Social
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- Legal Name Reliance Nippon Life Insurance Company Limited
- Date of Incorporation 14 May, 2001
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$0 (USD)0as on Mar 31, 2023
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Net Profit
$0 (USD)0as on Mar 31, 2023
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EBITDA
$0 (USD)0as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
20699
as on Apr 09, 2024
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Software Development Team
38 people
Human Resources and Administration
26 people
Leadership Team
22 people
Sales and Marketing
19 people
Product Management Team
8 people
Area Team
4 people
Senior Team
4 people
Operations Team
3 people
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Funding Insights of Reliance Life
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Reliance Life
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Reliance Life
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Reliance Life Comparisons
Competitors of Reliance Life
Reliance 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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Life Insurance joint venture between SBI and BNP Paribas Cardiff
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| domain | founded_year | HQ Location |
Life insurance and micro insurance services are provided in India.
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| domain | founded_year | HQ Location |
Life and health insurance services are offered in India.
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| domain | founded_year | HQ Location |
Provider of life insurance services
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| domain | founded_year | HQ Location |
Provider of life insurance services
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| domain | founded_year | HQ Location |
Life and general insurance products are provided by Tata AIA.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Reliance Life
Frequently Asked Questions about Reliance Life
When was Reliance Life founded?
Reliance Life was founded in 2000.
Where is Reliance Life located?
Reliance Life is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Reliance Life?
P. Nandagopal is the current CEO of Reliance Life.
How many employees does Reliance Life have?
As of Apr 09, 2024, the latest employee count at Reliance Life is 20,699.
What does Reliance Life do?
Reliance Life was established in 2000 and is headquartered in Mumbai, India. The company operates within the life insurance sector, offering various policies to individual and group clients. Services are delivered through a network exceeding 800 branches and 100,000 advisors, supporting over 10 million policy-holders. A claim settlement ratio of 95.01 was achieved as of March 31, 2016, in line with industry standards.
Who are the top competitors of Reliance Life?
Reliance Life's top competitors include SBI Life Insurance, Life Insurance Corporation of India and PNB MetLife.
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