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).
Last updated 6 September 2026
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 name | Girnar Insurance Brokers Private Limited |
|---|---|
| CIN | U66010RJ2016PTC054811 |
| PAN | AAGCG3564J |
| Status | Active |
| Listing |
|
| Incorporated | 02 May 2016 |
| ROC |
|
| Sector (NIC) |
|
| Registered address |
|
| Authorized capital | INR 70.00 Cr |
| Paid-up capital | INR 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| Name | DIN | Role | Appointed |
|---|---|---|---|
| Ankit Kumar Agrawal | 08135915 | Whole-time Director & Shareholder | 23 Jul 2018 |
| Yogesh/Yogeshkumar Ashokkumar Mahansaria | 00090323 | Director | 10 Sep 2024 |
| Sridharan Praveenkumar | 09710890 | Nominee Director | 26 Sep 2023 |
| Rajat Sood | 07914803 | Nominee Director | 27 Apr 2023 |
| Amit Jain | 01613364 | Nominee Director & Shareholder | 27 Apr 2023 |
| Neelesh Prakash Talathi | - | Nominee Director | 21 Jan 2025 |
GST Registrations
Partial / conflicting| GSTIN | State | PAN | Status |
|---|---|---|---|
| 09AAGCG3564J2Z9 | Uttar Pradesh | AAGCG3564J (confirmed — matches on Tofler and on GSTIN records found under this PAN on Masters India) | - |
| 29AAGCG3564J1Z8 | Karnataka | AAGCG3564J (confirmed — matches on Tofler and on GSTIN records found under this PAN on Masters India) | - |
| 01AAGCG3564J1ZQ | Jammu & Kashmir | AAGCG3564J (confirmed — matches on Tofler and on GSTIN records found under this PAN on Masters India) | - |
| 27AAGCG3564J1ZC | Maharashtra | AAGCG3564J (confirmed — matches on Tofler and on GSTIN records found under this PAN on Masters India) | - |
| 24AAGCG3564J1ZI | Gujarat | AAGCG3564J (confirmed — matches on Tofler and on GSTIN records found under this PAN on Masters India) | - |
| 04AAGCG3564J1ZK | Chandigarh | AAGCG3564J (confirmed — matches on Tofler and on GSTIN records found under this PAN on Masters India) | - |
| 03AAGCG3564J1ZM | Punjab | AAGCG3564J (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
ConfirmedGirnar 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
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
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