Bharatsure is an emerging player in India's insurtech sector, co-founded by Anuj Parekh and Sanil Basutkar in May 2021. The company is headquartered in Mumbai, Maharashtra, and has successfully positioned itself as an Infrastructure-as-a-Service (IaaS) provider, transforming how businesses and users access insurance. Focused on bridging the gap between traditional insurance practices and modern technology, Bharatsure offers a suite of APIs and full-stack technology solutions for embedded insurance and healthcare. As of the latest funding round in 2025, Bharatsure has raised significant capital from various investors, including Capital A and Inflection Point Ventures.
| Attribute | Information |
|---|---|
| Founding Date | May 2021 |
| Headquarters | Mumbai, Maharashtra, India |
| Founders | Anuj Parekh, Sanil Basutkar |
| Revenue | Not disclosed |
| Profits | Not disclosed |
| Key Investors | Capital A, Inflection Point Ventures |
| Industry | Insurtech |
| Number of Employees | Not disclosed |
Bharatsure was founded by Anuj Parekh and Sanil Basutkar, leveraging their extensive experience in finance and fintech to address the accessibility problems in India's insurance sector. The company's inception was rooted in the founders' vision to modernize and democratize insurance solutions in India by integrating advanced technology with traditional insurance practices. This vision led to the establishment of a business model that focuses on providing innovative Infrastructure-as-a-Service solutions, allowing easier distribution of insurance products.
Bharatsure operates as an Infrastructure-as-a-Service provider within the rapidly evolving insurtech landscape. The company's business model is built on enabling seamless integration for insurance distribution via its comprehensive API suite. Major achievements include:
Bharatsure continues to develop its platform to enhance insurance accessibility in India, with a strategic focus on embedded and group insurance. The company's competitive advantage lies in its full-stack technology solutions, which empower distributors, brokers, and agents to deliver comprehensive insurance services. Bharatsure is recognized for its innovative approach to transforming insurance distribution, significantly impacting India's insurtech market.
Bharatsure stands out in the insurtech domain by effectively harnessing technology to democratize insurance distribution across India. As it continues to evolve, the company aims to significantly increase insurance penetration in key sectors, further solidifying its role as a transformative force in the industry. Its vision to bridge the traditional and modern practices marks its potential to redefine insurance accessibility, supporting broader financial inclusion and health security.