Company Intelligence Profile

Girnar Insurance Brokers Private Limited

Girnar Insurance Brokers Private Limited (CIN U66010RJ2016PTC054811) is the IRDAI-licensed corporate entity behind InsuranceDekho, an online insurance comparison and broking platform incubated by the CarDekho Group (Girnar Software Pvt Ltd).

CIN: U66010RJ2016PTC054811ActiveConflicting across sourcesConfidence: medium

Last updated 6 September 2026

AI OverviewGenerated from public records

AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.

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Company Identity

Partial / conflicting
Registered nameGirnar Insurance Brokers Private Limited
CINU66010RJ2016PTC054811
PANAAGCG3564J
StatusActive
Listing
  • Not listed (private company)
  • Secondary press reports suggest an IPO is being planned, with a DRHP possibly filed around Sept 2026 and listing targeted around March 2027 at a reported target valuation of ~₹9,500 Cr (~US$986M)
  • Treat as unconfirmed
Incorporated02 May 2016
ROC
  • Conflicting across sources (flagged)
  • Tofler shows RoC Jaipur (Rajasthan) for CIN U66010RJ2016PTC054811
  • TheCompanyCheck/FalconeBiz and the company's own official website show RoC Delhi (i.e. Haryana-registered) for CIN U66010HR2016PTC139277, same company name
  • Likely reflects an RoC-transfer CIN change not fully reconciled across databases — see note/data_gaps
Sector (NIC)
  • NIC 66010 — "Activities auxiliary to insurance and pension funding" (insurance agents/brokers), derived from the CIN prefix "U66010"
  • Company holds an IRDAI Composite Insurance Broker License, No. 588
Registered address
  • Two addresses appear under the two CIN records for this name (see roc note): (a) Per Tofler [CIN U66010RJ2016PTC054811]: "21 Girnar, Govind Marg, Moti Doongri Road, Dharam Singh Circle, Jaipur, Rajasthan 302004"
  • (b) Per official website + TheCompanyCheck/FalconeBiz [CIN U66010HR2016PTC139277]: Registered Office "Plot No. 301, Phase-2, Udyog Vihar, Gurugram, Haryana 122018"
  • Corporate Office "273, Udyog Vihar, Phase-2, Gurugram 122016, Haryana." Partial confidence given the discrepancy
Authorized capitalINR 70.00 Cr
Paid-up capitalINR 63.75 Cr

Business Overview

Confirmed
  • Girnar Insurance Brokers Private Limited is the licensed legal entity operating "InsuranceDekho" (and the "Beemabank" brand), an online insurance comparison and purchase platform for motor, health, life, term, travel and investment insurance, offering instant quotes and policy issuance
  • It holds an IRDAI Composite Insurance Broker license (No. 588)
  • It was incubated within / is a subsidiary of Girnar Software Private Limited, the parent of the CarDekho Group
  • Founded in 2016; press attributes founding/leadership to Ankit Agrawal (Whole-time Director in filings) with Ish Babbar also cited as a co-founder by Inc42

Directors

Confirmed
NameDINRoleAppointed
Ankit Kumar Agrawal08135915Whole-time Director & Shareholder23 Jul 2018
Yogesh/Yogeshkumar Ashokkumar Mahansaria00090323Director10 Sep 2024
Sridharan Praveenkumar09710890Nominee Director26 Sep 2023
Rajat Sood07914803Nominee Director27 Apr 2023
Amit Jain01613364Nominee Director & Shareholder27 Apr 2023
Neelesh Prakash Talathi-Nominee Director21 Jan 2025

GST Registrations

Partial / conflicting
GSTINStatePANStatus
09AAGCG3564J2Z9Uttar PradeshAAGCG3564J (confirmed — matches on Tofler and on GSTIN records found under this PAN on Masters India)-
29AAGCG3564J1Z8KarnatakaAAGCG3564J (confirmed — matches on Tofler and on GSTIN records found under this PAN on Masters India)-
01AAGCG3564J1ZQJammu & KashmirAAGCG3564J (confirmed — matches on Tofler and on GSTIN records found under this PAN on Masters India)-
27AAGCG3564J1ZCMaharashtraAAGCG3564J (confirmed — matches on Tofler and on GSTIN records found under this PAN on Masters India)-
24AAGCG3564J1ZIGujaratAAGCG3564J (confirmed — matches on Tofler and on GSTIN records found under this PAN on Masters India)-
04AAGCG3564J1ZKChandigarhAAGCG3564J (confirmed — matches on Tofler and on GSTIN records found under this PAN on Masters India)-
03AAGCG3564J1ZMPunjabAAGCG3564J (confirmed — matches on Tofler and on GSTIN records found under this PAN on Masters India)-

Primary/home-state GSTIN not confirmed. PAN AAGCG3564J confirmed. Secondary aggregation (Masters India, single-source, partial) reports the company holds GST registrations in ~11 states; specific GSTINs surfaced: 09AAGCG3564J2Z9 (Uttar Pradesh), 29AAGCG3564J1Z8 (Karnataka), 01AAGCG3564J1ZQ (Jammu & Kashmir), 27AAGCG3564J1ZC (Maharashtra), 24AAGCG3564J1ZI (Gujarat), 04AAGCG3564J1ZK (Chandigarh), 03AAGCG3564J1ZM (Punjab). Individual registration status/dates and the Haryana/Rajasthan home-state GSTIN were not obtained — partial confidence.

Financials

Partial / conflicting
  • Standalone, FY2025 (year ended Mar 2025) revenue ₹1,311.5–1,311.55 Cr, up ~67% YoY from FY2024 revenue of ₹784.9 Cr. EBITDA, PAT/net profit and net worth are gated behind paid tiers on the sources checked and were not obtained
  • Total secured borrowings are not separately disclosed
  • ₹119 Cr of open charges against bank lenders are on record (see charges) but that reflects charge/security value, not a stated borrowings total — not obtained as a distinct figure

Funding

Partial / conflicting
  • Conflicting figures across sources (flagged): TheHinduBusinessLine (2023) reports a $150M Series A led by Goldman Sachs Asset Management and TVS Capital Funds, with Investcorp, Avataar Ventures and LeapFrog Investments also participating
  • Inc42 reports total funding of $430M across 4 rounds, last round dated 04 Mar 2025
  • Tracxn (used here only for round/investor names per sourcing rules) reports $362M across 7 rounds from 28 investors, with a $4.28M round on 04 Dec 2025, and separately cites debt participants BNP Paribas, MUFG Bank and Beams Fintech Fund
  • Secondary aggregator commentary places a unicorn milestone at a ~$700–750M valuation following a ~$60M round
  • None of these totals could be reconciled to a single authoritative figure — report as partial/conflicting

In the News

Confirmed
  • Girnar Insurance Brokers Private Limited completed the acquisition of D2C Insurance Broking Pvt Ltd from D2C Consulting Services Private Limited.

    marketscreener.com · 19 days ago

  • Girnar Insurance Brokers Number of Employees 2026 | Employee Count & Headcount Data

    Revelio Labs · a month ago

Headlines about Girnar Insurance Brokers Private Limited reported by third-party publications. Recur Club does not author or endorse this coverage. Last checked 14 days ago.

Source: Google News aggregated headlines

Shareholding

Partial / conflicting
  • Not disclosed in detail in sources checked
  • Girnar Software Private Limited (CarDekho Group parent) is reported to hold a controlling stake as parent company
  • Directors Ankit Kumar Agrawal and Amit Jain are listed as director-shareholders in registry data, but exact shareholding percentages are not obtained

Charges / Loans

Partial / conflicting
  • total open charges ₹119 Cr across bank lenders, all status "Open": HSBC (Hongkong & Shanghai Banking Corp) — ₹45 Cr created 03 Mar 2021 (modified 27 Jun 2025) + ₹2 Cr created 26 May 2023 (modified 27 Jun 2025) = ₹47 Cr total
  • HDFC Bank — ₹25 Cr created 30 Oct 2024
  • Yes Bank — ₹20 Cr created 21 May 2024
  • "Others" — ₹20 Cr created 28 Dec 2022 + ₹7 Cr created 06 Nov 2024 = ₹27 Cr. No corroborating second source found for the individual charge IDs

Competitors

Confirmed
  • Policybazaar / PB Fintech Ltd — listed, market-leading insurance aggregator, largest scale peer
  • Turtlemint — large private insurtech distribution platform, broadly comparable/larger scale
  • RenewBuy — mid-to-large insurtech distributor
  • Coverfox — smaller insurtech aggregator
  • Ditto Insurance (Zerodha-backed) — smaller, advisory-led model
  • Acko and Go Digit Insurance — adjacent (direct digital insurers rather than pure brokers) with large scale via underwriting rather than distribution

Frequently Asked Questions

What does Girnar Insurance Brokers Private Limited do?
Girnar Insurance Brokers Private Limited (CIN U66010RJ2016PTC054811) is the IRDAI-licensed corporate entity behind InsuranceDekho, an online insurance comparison and broking platform incubated by the CarDekho Group (Girnar Software Pvt Ltd).
What is the CIN of Girnar Insurance Brokers Private Limited?
The Corporate Identification Number (CIN) of Girnar Insurance Brokers Private Limited is U66010RJ2016PTC054811.
Where is Girnar Insurance Brokers Private Limited registered?
Girnar Insurance Brokers Private Limited is registered with Conflicting across sources (flagged). Tofler shows RoC Jaipur (Rajasthan) for CIN U66010RJ2016PTC054811. Registered address: Two addresses appear under the two CIN records for this name (see roc note): (a) Per Tofler [CIN U66010RJ2016PTC054811]: "21 Girnar, Govind Marg, Moti Doongri Road, Dharam Singh Circle, Jaipur, Rajasthan 302004".
When was Girnar Insurance Brokers Private Limited incorporated?
Girnar Insurance Brokers Private Limited was incorporated on 02 May 2016 (confirmed — Tofler, TheCompanyCheck, and Inc42 all agree).

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Disclaimer: Company information shown on this page is compiled from public records and third-party sources. It may be incomplete, outdated, or contain inaccuracies, and is provided for general informational purposes only. Please verify details independently before relying on them.