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Bharatsure

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Infrastructure-as-a-Service (IaaS) solutions to insurance distributors like licensed brokers, agents, banks, and institutions empowering them to proactively distribute group insurance and healthcare…

Mumbai, IndiaFounded 2021Fintech
Valuation $5–10M Last recorded · 2025
Headcount <100 Current team size
Total funding $0–10M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Bharatsure and the history behind them.

About Bharatsure

Bharatsure is an Indian insurtech firm established in May 2021 by co-founders Anuj Parekh and Sanil Basutkar. The company operates on an Infrastructure-as-a-Service (IaaS) model, providing a full-stack technology platform for the distribution of insurance products. Its target clients are insurance intermediaries such as licensed brokers, agents, banks, and other institutions, empowering them to offer group insurance and healthcare benefits to organizations across India. The business model functions as B2B2B (Employee Benefits as a Service) and B2B2C (Embedded Insurance). Revenue is generated through policy distribution, premium commissions, and other value-added insurtech services.

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The company was founded as Healthysure and later rebranded to Bharatsure to reflect its broader mission. Anuj Parekh, the CEO, is a Chartered Accountant and an IIM-Bangalore graduate with a background in finance and venture scaling. His journey includes roles at Mahindra's startup SmartShift and consulting for the Virgin Hyperloop project. Sanil Basutkar, the Head of Product & Marketing, is also a Chartered Accountant and an alumnus of ISB with deep experience in the fintech sector. The founders, friends for over 15 years, launched the venture to address the low insurance penetration in India.

Bharatsure's platform offers a suite of services designed to streamline the insurance distribution process. It provides white-labeled technology that allows partners to customize dashboards, manage operations centrally, and integrate with insurers, TPAs, and HRMS systems. A key feature is a pricing engine that generates instant quotes from over 25 insurers. The platform also supports embedded insurance use cases, enabling partners in sectors like e-commerce, fintech, and logistics to integrate insurance offerings directly into their products. Recently, Bharatsure launched specific products tailored for gig workers, students, and digital users, covering health, personal accidents, and cyber risks. The company has partnered with over 500 organizations, covering more than 200,000 individuals, and has set a goal to secure 1 crore (10 million) Indians in the near future.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
Mumbai, India
Employees
57
Open positions
None listed
Dealroom signal
82.0/100
Industry
Fintech
Sub-industry
Insurance
Sector
Fintech, Human Resources, API, Employee Well-Being, Health Insurance, Embedded Insurance, LandH Insurance, MGA, Employee Benefits
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Jul 2025 $695K $5M Inflection Point Ventures · Atrium Angels · Capital A ↗
SEED✓Equity / VC Jan 2024 $1M $4M Inflection Point Ventures · Grip Invest · Capital A · HEM ANGELS ↗
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Growth signals

Bharatsure website traffic

Latest recorded traffic for Bharatsure is 1.9K monthly website visits, down 34.5% over the last three months. Bharatsure's team grew 103.6% over the past year.

Latest monthly visits1.9K 3-month web change-34.5% 1-year team growth+103.6%
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Similar companies

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed8 investors entered at this stage

  • Campus Fund
  • Inflection Point Ventures
  • HEM ANGELS
  • We Founder Circle
  • Dexter Angels
  • Grip Invest
  • Capital A
  • Dexter Ventures

Series A1 investor entered at this stage

  • Atrium Angels
Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇮🇳 India100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Bharatsure on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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