IIFL

Did you know that health insurance and medical insurance are two different names for the same insurance product? Despite the fact that each of these items serve the same goal, they are distinct and have distinct features. Depending on one's healthcare needs, one should carefully pick between these two options. Up to a specific level, indemnity insurance covers the real amount. Indemnity insurance, such as medical insurance, is a type of indemnity insurance. Critical sickness insurance, accidents, and hospital cash are examples of benefit packages that pay a lump sum payment. We'll look at iiflinsurance.com the differences between Mediclaim and health insurance in this post.
AA

Anil Ahuja

CIO

Karan Bhagat

Founder, MD and CEO

Anup Maheshwari

Joint CEO and CIO

RR

Rajesh Rajak

CFO

Yatin Shah

Co-Founder, Joint CEO

47 past transactions

UpGrad

Venture Round in 2021
UpGrad is an online platform that offers educational services to its clients. UpGrad’s range of programs consists of digital marketing, product management, entrepreneurship, data analytics, data-driven management, and digital technology management. It offers industry insights and student support services. UpGrad was launched in 2015 by Phalgun Kompalli, Ronnie Screwvala, Ravijot Chugh, and Mayank Kumar and is based in Mumbai.

BYJU’S

Series F in 2021
BYJU’S is a valuable ed-tech company at USD 10.5 billion and the creator of India’s most loved school learning app which offers highly adaptive, engaging, and effective learning programs for students in classes 1 -12 and competitive exams like JEE, NEET, CAT, and IAS. BYJU'S launched its flagship product, BYJU’S - The Learning App, for classes 4-12 in 2015. Today, the app has over 42 million registered students. With an average time of 71 minutes being spent by a student on the app every day from 1700+ cities, the app is creating a whole new way of learning through visual lessons. The Disney. BYJU'S Early Learn App was launched in June 2019, a special offering from BYJU'S for students in classes 1-3 featuring Disney’s timeliness characters. In early 2019, BYJU'S also acquired Osmo, a Palo Alto-based maker of educational games to transform the whole offline to an online learning experience.

Neogrowth

Series C in 2016
Neogrowth operates as a non-banking financial company in India. It is focused on meeting the financial needs of small businesses which sell goods and services to consumers. It offers business financing services to small- and medium-sized retail companies that sell apparel, consumer durables and electronic items, footwear and accessories, handicrafts, gifts, and optical goods as well as to restaurants, beauty salons, hotels, gymnasiums, and health diagnostic centers. NeoGrowth began its commercial operations in 2013.

Emotix

Series B in 2021
Miko is a consumer electronics company founded on the pillars of Robotics, Artificial Intelligence, and the Internet of Things. Miko was founded in January 2015 by three IIT Bombay post-graduates and is today driven by a 120 membered team of roboticists, academicians, and neuropsychologists. The core team of roboticists has been together since 2009, making some of the world’s most widely acclaimed robots. Among these are India’s most capable autonomous underwater vehicles, which ranked among the best internationally and performed Navy based tasks.

Neogrowth

Venture Round in 2016
Neogrowth operates as a non-banking financial company in India. It is focused on meeting the financial needs of small businesses which sell goods and services to consumers. It offers business financing services to small- and medium-sized retail companies that sell apparel, consumer durables and electronic items, footwear and accessories, handicrafts, gifts, and optical goods as well as to restaurants, beauty salons, hotels, gymnasiums, and health diagnostic centers. NeoGrowth began its commercial operations in 2013.

Policybazaar

Secondary Market in 2021
Policybazaar Insurance Brokers Private Limited develops a software which offers insurance services. The company’s services include life insurance, health insurance, car insurance, two wheeler insurance, and other insurance including general insurance, travel insurance, and home insurance. The company, formerly known as Policybazaar Insurance Web Aggregator Private Limited, was founded in 2014 and is based in Gurugram, India.

Licious

Series F in 2021
Licious is a path breaking concept in the Indian Food industry; aimed at solving the perennially existing problem of finding safe, delectable, trustworthy fresh meat in India. The company builds a world-class enterprise that's bound to upgrade the way the company procures, sells, buys, and consumes meat in India.

Ess Kay Fincorp

Series F in 2021
Ess Kay Fincorp Limited operates as a non-banking finance company. The company offers vehicle loans for entrepreneurs from semi-urban and rural areas; loans for farmers to purchase new or pre-owned tractors; pre-owned vehicle loans for self-employed experts and salaried individuals; loans for micro, small, and medium enterprises in various categories, such as general commodities, life style products, health products, fashion products, surgical and medical products along with the laboratory equipment, construction related products, and home furnishing items; and two wheeler loans for individuals. It operates through a network of 325 branches in Gujarat, Rajasthan, Haryana, Punjab, Maharashtra, and Madhya Pradesh. The company was founded in 1994 and is headquartered in Jaipur, India.
Uniphore Technologies Inc. develops multilingual speech recognition software solutions for speech analytics, virtual assistance, and voice biometrics. The company offers software as a service (SaaS) based solutions, such as auMina, a conversational analytics to transform customer service; akeira, an artificial intelligence enabled conversational assistant to drive customer engagement; and amVoice, a conversational security to prevent fraud and identity theft. Uniphore Technologies Inc. was founded in 2008 and is based in Palo Alto, California.

Toothsi

Venture Round in 2022
Toothsi provides its customers with at-home teeth alignment treatment at competitive prices.

Zetwerk

Series F in 2021
Zetwerk is an online marketplace that connects buyers and suppliers for manufacturing jobs. The online marketplace which connects large manufacturing companies with vendors and suppliers for customized products that are used as components of industrial machines and equipment. The company sells items like crane parts, doors, machine chassis and ladders, as well as services businesses in fabrication, machining, casting and forging. Zetwerk provides both buyers and suppliers collaboration tools to streamline their interactions, and execution tools to fulfill the orders effortlessly as well as plans to host a 3rd party apps and services marketplace to fulfill other customer needs. The company's marketplace offers access to the capacity of a nationwide network of manufacturing facilities to get products manufactured for any budget or timelines, enabling businesses to procure custom products and machine parts and suppliers to obtain more orders and grow their revenues. Zetwerk was founded in 2018 and is headquartered in Bengaluru, Karnataka, India.

Data Sutram

Seed Round in 2022
Data Sutram is an AI-based Location Intelligence Enterprise with a Cloud-based B2B product that works on a Data As A Service business model to help businesses 1. Pinpoint New Locations for Expansion 2. Improve the performance of their existing physical & digital assets. 3. Finding the right Audience for a business. They are currently focussed on Retail, E-Commerce, Agritech, Real Estate, BFSI.

Digit Insurance

Venture Round in 2022
Digit is a new-age general insurance company started by Kamesh Goyal and backed by the Fairfax Group, one of the largest financial services groups in the world. The company has raised two rounds of funding amounting to $140 million from Canadian billionaire Prem Watsa’s Fairfax Holdings, which is one of the largest insurance investment companies in the world with operations in over 30 countries. Headquartered in Bengaluru, Digit has successfully partnered with some of the leading companies. Digit Insurance has featured in the Top 25 Indian Startups Lists by Linkedin in 2018 and 2019 and was featured in CB Insights’ top 250 fastest-growing fintech companies globally in 2018.

Wealth Advisors Pvt. Ltd

Acquisition in 2018
Wealth Advisors is a full-service, client-centric investment solutions firm. Our objective is to provide unbiased advice and services to both individual and institutional investors using a wide range of financial instruments. Wealth Advisors is structured into three main divisions, Private Wealth Management , Family Office and Investment Adviser services , backed by a team of dedicated Wealth Managers and a Central Advisory Team.

OPEN

Pre Seed Round in 2022
Open develops and offers an online platform for banking and intercompany settlement. It offers digital banking service for startups and small and medium enterprises that offer digital bank accounts that includes a current account packed with tools for bookkeeping, invoices, moving money, and accessing credit. Open's application programming interface platform lets financial institutions integrate banking and payments into their applications and accounting systems. Anish Achuthan founded it in 2017, with its headquarters in Bengaluru in India.

Koo App

Series B in 2021
Koo App operates as a microblogging app. Koo allows users to connect, comment and engage in 13 local languages such as Hindi, Kannada, Telugu, Bengali.

Zetwerk

Series E in 2021
Zetwerk is an online marketplace that connects buyers and suppliers for manufacturing jobs. The online marketplace which connects large manufacturing companies with vendors and suppliers for customized products that are used as components of industrial machines and equipment. The company sells items like crane parts, doors, machine chassis and ladders, as well as services businesses in fabrication, machining, casting and forging. Zetwerk provides both buyers and suppliers collaboration tools to streamline their interactions, and execution tools to fulfill the orders effortlessly as well as plans to host a 3rd party apps and services marketplace to fulfill other customer needs. The company's marketplace offers access to the capacity of a nationwide network of manufacturing facilities to get products manufactured for any budget or timelines, enabling businesses to procure custom products and machine parts and suppliers to obtain more orders and grow their revenues. Zetwerk was founded in 2018 and is headquartered in Bengaluru, Karnataka, India.

BYJU’S

Series F in 2021
BYJU’S is a valuable ed-tech company at USD 10.5 billion and the creator of India’s most loved school learning app which offers highly adaptive, engaging, and effective learning programs for students in classes 1 -12 and competitive exams like JEE, NEET, CAT, and IAS. BYJU'S launched its flagship product, BYJU’S - The Learning App, for classes 4-12 in 2015. Today, the app has over 42 million registered students. With an average time of 71 minutes being spent by a student on the app every day from 1700+ cities, the app is creating a whole new way of learning through visual lessons. The Disney. BYJU'S Early Learn App was launched in June 2019, a special offering from BYJU'S for students in classes 1-3 featuring Disney’s timeliness characters. In early 2019, BYJU'S also acquired Osmo, a Palo Alto-based maker of educational games to transform the whole offline to an online learning experience.

CarTrade

Venture Round in 2021
CarTrade.com is India’s leading online automotive market for buyers and sellers of new and used vehicles. Our car auctions take place across more than 80 cities with over 1200 dealers participating in these auctions. This enables us to empower the buyers and the seller to choose the most suitable vehicles at the most affordable prices.

Boutique Spirit Brands

Venture Round in 2021
Boutique Spirit Brands is a group of professionals who have come together to leverage their entrepreneurial mindset combined with the general management skills and understanding of best practices in Marketing, sales, operations & commercial roles from stint in corporate sector spanning over several years to set up this venture. After careful evaluation of the market dynamics, they launched their first two brands.

BYJU’S

Series F in 2021
BYJU’S is a valuable ed-tech company at USD 10.5 billion and the creator of India’s most loved school learning app which offers highly adaptive, engaging, and effective learning programs for students in classes 1 -12 and competitive exams like JEE, NEET, CAT, and IAS. BYJU'S launched its flagship product, BYJU’S - The Learning App, for classes 4-12 in 2015. Today, the app has over 42 million registered students. With an average time of 71 minutes being spent by a student on the app every day from 1700+ cities, the app is creating a whole new way of learning through visual lessons. The Disney. BYJU'S Early Learn App was launched in June 2019, a special offering from BYJU'S for students in classes 1-3 featuring Disney’s timeliness characters. In early 2019, BYJU'S also acquired Osmo, a Palo Alto-based maker of educational games to transform the whole offline to an online learning experience.
HFCL, The Company specializes in manufacturing of telecommunication equipment.

EasyRewardz

Series B in 2022
Easyrewardz is India's first social collaborative rewards market-place. It also offers India's first search engine for award travel. Easyrewardz enables members to track & manage their loyalty balances across airlines, hotels and shopping programs all from a single dashboard.Members who are tracking their airline loyalty programs on easyrewardz further benefit from the recommendations They share on booking flights - India's first search engine for award travel. What's more, cash spends on easyrewardz or in the Easy network, gets members easypoints. easypoints can be redeemed alone or with cash in the rewards market-place easyrewardz.com as well as in the Easy network of merchants. easyrewardz is an eco-system where everyone is rewarded, be it the pooling partners (Airlines, Banks, Brands) , Corporates, Merchants or members.

BharatPe

Debt Financing in 2021
BharatPe is a QR code-based payment app for offline retailers and businesses. It allows merchants to accept UPI payments for ‘FREE’ through the BharatPe QR. Through the app, merchants can sign up instantly and start receiving the funds immediately in their bank account. The company was founded on a mission to make payments FREE for all businesses. The intention is to be the utility app for 10 mn+ offline merchants in India for all their business needs. BharatPe was founded in April 2018 and is based in New Delhi,, India.

Wellthy Therapeutics Pvt Ltd

Seed Round in 2018
Wellthy Therapeutics design and deploy clinically validated behavioral interventions for chronic disease management, and are pioneering Digital Therapeutics, an entirely new category of medicine to address the chronic health epidemic in South Asia at scale.
Pickrr is an on-demand first mile logistics company that is completely revolutionizing the way a consumer ships a product from one point to another. Now with Pickrr, a consumer can deliver any product to any location around the globe with few clicks. Our Pickrrs will take care of all the hassles of picking up the product, packing it and shipping it to any destination.

Data Sutram

Seed Round in 2021
Data Sutram is an AI-based Location Intelligence Enterprise with a Cloud-based B2B product that works on a Data As A Service business model to help businesses 1. Pinpoint New Locations for Expansion 2. Improve the performance of their existing physical & digital assets. 3. Finding the right Audience for a business. They are currently focussed on Retail, E-Commerce, Agritech, Real Estate, BFSI.

PharmEasy

Secondary Market in 2021
PharmEasy is - Pharmacy made Easy. We are one of the largest pharmacy aggregators in India. We help patients connect with local pharmacy stores and diagnostic centres in order to fulfil their extensive medical needs. We believe that everyone should have access to good health.

Toothsi

Series C in 2022
Toothsi provides its customers with at-home teeth alignment treatment at competitive prices.
Shopsense Retail Technologies Private Limited develops and operates Fynd, a mobile shopping application. The company, through its application, sells lifestyle products from branded stores. It allows customer to browse, discover, and select products. The company also provides delivery services. Shopsense Retail Technologies Private Limited was founded in 2012 and is based in Mumbai, India. As of August 7, 2019, Shopsense Retail Technologies Private Limited operates as a subsidiary of Reliance Industrial Investments and Holdings Limited.

TrustCheckr

Venture Round in 2022
TrustCheckr founded in March 2017 by IIM-Lucknow graduate Ramesh and IIM-Calcutta alumnus Praveen Raj, enables businesses to identify fraud, fake or bot profiles using image processing and artificial intelligence.The startup assists companies recognise toxic emails and know more about their customers with the help of more than 15 public application programming interfaces (APIs), including Facebook, Twitter and Foursquare, besides other date-paid and public sources.Its custom algorithm uses the capabilities of AI, image processing and machine learning to come up with a ‘trust score’ on the basis of certain factors of a person’s profile, including age, gender, interests and income range. Business can use this data to target higher average revenue per users (ARPU).

Ola Cafe

Series J in 2021
Ola operates a mobile technology platform that integrates city transportation for customers and driver partners in India. Its mobile application allows its customers to book a range of cabs, auto-rickshaws, bikes, and shuttle buses. Ola's mobile application allows customers to book city taxi, outstation travel, car rental, and corporate travel services. Its mobile application is available on Windows, Android, and iOS platforms. Ankit Bhati and Bhavish Aggarwal founded Ola on December 1, 2010. It has its headquarters with additional offices in Bengaluru in India.

Box8

Series B in 2016
Box8 is India’s fastest growing on-demand food delivery company. Their 3 pillars of taste, tech and logistics define their goal to ensure a delightful end-to-end experience every single time. Founded by IIT graduates, Anshul Gupta and Amit Raj, they have revolutionized the way Indian food is consumed. Believing in product innovation, they have designed the All-in-One meal box, which is a fulfilling new-age Indian meal, convenient to eat anytime, anywhere. Box8 have given an Indian twist to Wraps & Sandwiches and, have retained the core Indian flavors in Curries. With an equal emphasis on technology and delivery along with food, they make ordering food a first-class experience. Anyone can order a meal in seconds on mobile apps, and integrated delivery management system will guarantee piping hot food time after time.

Bluestone.com

Series D in 2016
BlueStone.com - Buy Gold and Diamond Jewellery Online in India with the latest jewellery designs 2013 from our online jewelry shopping store with COD, 30-day free returns on jewellery, free shipping and a lifetime exchange policy. Best jewellery website for online jewellery shopping in India with Designer Rings, Pendants, Earrings, Mangalsutra, Bangles, Bracelets, Solitaire Diamonds.

Trendlyne Technologies

Seed Round in 2018
Trendlyne Technologies is a stock market analytics platform which builds a range of powerful analytics products in equity, mutual funds, derivatives.
Ujjivan Small Finance Bank Limited is a mass market focused bank in India, catering to financially unserved and underserved segments and committed to building financial inclusion in the country. Our Promoter, Ujjivan Financial Services Limited (UFSL) commenced operations as an NBFC in 2005 with the mission to provide a full range of financial services to the ‘economically active poor’ who were not adequately served by financial institutions.

Healthkart

Venture Round in 2018
HealthKart offers fitness products, services and community to help consumers achieve their fitness goals. The company started in 2011 and since then HealthKart has grown to become the online destination for fitness enthusiasts - be it products, services or connecting with other fitness enthusiasts.

Ariisto

Venture Round in 2016
With projects spread across Mumbai, Ariisto Realtors strives to set new benchmarks in construction, design and sustainable spaces while bringing innovations in the industry through exceptional and differentiating landmarks. Ariisto Realtors aims to provide you with an exceptional buying experience and an equally great post-purchase experience through transparent and ethical means by offering you an unmatched 'per square foot' value across all of our properties. At Ariisto, we believe in creating a difference, be it through our environmentally conscious projects or staying true to our promises made to you. In addition to our assurance of superior quality we incorporate an element of pride and distinction with every home and office space we build. Our projects offer you future-proof living and a superior lifestyle with best in class amenities and high quality construction. Therefore it comes as no surprise that Ariisto properties are some of the most attractive, eco-friendly and sought after homes.

NowFloats

Debt Financing in 2019
NowFloats enables Small and Medium Businesses (SME) to get an online presence by simply using SMS. This website can also be updated by sending regular SMS and this message can be delivered to the loyal customers of that business. Additionally the NowFloats algorithm ensures highest discoverability through intelligent Search Engine Optimization (SEO). There are 47M Small & Medium Businesses in India, while there are only 700K registered websites. It is also estimated that almost 9.6M Indian businesses need some sort of online identity. With 900M+ mobile phones and SMS being the pervasive technology, NowFloats believes that getting business online thru SMS (or Apps) is a scalable and sustainable business. NowFloats is co-founded by ex-Microsoft and ex-Saatchi & Saatchi team and has almost 2000 customers within 5 months of the product launch.

Samasta Microfinance Ltd

Acquisition in 2016
Samasta Microfinance Limited provides financial services to the financially weaker sections in the southern and western states of India. The company offers group loans, including income generation, top up, education, and consumer products loans; and individual loans, such as dairy cattle loans, as well as micro, small, and medium enterprise loans. It also provides repayment services; water purifier, cattle, and induction stove and induction stove utensils loans; and non-financial services, including life insurance, health insurance, and financial counseling to its members. The company was founded in 2008 and is based in Bengaluru, India. Samasta Microfinance Limited is a subsidiary of India Infoline Finance Limited.

NowFloats

Series C in 2018
NowFloats enables Small and Medium Businesses (SME) to get an online presence by simply using SMS. This website can also be updated by sending regular SMS and this message can be delivered to the loyal customers of that business. Additionally the NowFloats algorithm ensures highest discoverability through intelligent Search Engine Optimization (SEO). There are 47M Small & Medium Businesses in India, while there are only 700K registered websites. It is also estimated that almost 9.6M Indian businesses need some sort of online identity. With 900M+ mobile phones and SMS being the pervasive technology, NowFloats believes that getting business online thru SMS (or Apps) is a scalable and sustainable business. NowFloats is co-founded by ex-Microsoft and ex-Saatchi & Saatchi team and has almost 2000 customers within 5 months of the product launch.

Bluestone.com

Venture Round in 2018
BlueStone.com - Buy Gold and Diamond Jewellery Online in India with the latest jewellery designs 2013 from our online jewelry shopping store with COD, 30-day free returns on jewellery, free shipping and a lifetime exchange policy. Best jewellery website for online jewellery shopping in India with Designer Rings, Pendants, Earrings, Mangalsutra, Bangles, Bracelets, Solitaire Diamonds.

Khadim India Limited

Private Equity Round in 2017
Khadim India Limited manufactures, wholesales, and retails footwear primarily under the Khadim’s brand. It also provides footwear and leather accessories for men, women, and children under the British Walkers, Lazard, Turk, Adrianna, Bonito, Pro, Softouch, Sharon, and Cleo brands. As of March 31, 2019, the company operated 799 Khadim’s branded retail stores, as well as a network of 544 distributors selling to multi brand outlets in 23 states and 1 Union territory in India. It also exports its products. The company was formerly known as Khadim Chain Stores Limited and changed its name to Khadim India Limited in August 2005. Khadim India Limited was founded in 1981 and is based in Kolkata, India.

NowFloats

Series B in 2017
NowFloats enables Small and Medium Businesses (SME) to get an online presence by simply using SMS. This website can also be updated by sending regular SMS and this message can be delivered to the loyal customers of that business. Additionally the NowFloats algorithm ensures highest discoverability through intelligent Search Engine Optimization (SEO). There are 47M Small & Medium Businesses in India, while there are only 700K registered websites. It is also estimated that almost 9.6M Indian businesses need some sort of online identity. With 900M+ mobile phones and SMS being the pervasive technology, NowFloats believes that getting business online thru SMS (or Apps) is a scalable and sustainable business. NowFloats is co-founded by ex-Microsoft and ex-Saatchi & Saatchi team and has almost 2000 customers within 5 months of the product launch.

CIBIL

Funding Round in 2015
CIBIL is India’s leading credit information company and maintains one of the largest collections of consumer information globally.CIBIL’s content, insights, products and world-class solutions are helping businesses manage risk, devise appropriate lending strategies, reduce costs, maximize portfolio profitability and improve customer loyalty. CIBIL seeks to be the most trusted partner to the financial service sectors. Industry experts and researchers attribute the growth in retail loans (at 28% CAGR over the last three years) to CIBIL’s information insights. (Source: Mint*).