Bharatsure funding, investors and company details

Bharatsure is an emerging Insurance startup from Mumbai, working in the space of Insurtech – IaaS platform for group insurance and employee benefits distribution.. Founded by Anuj Parekh, Sanil Basutkar.

Company: Bharatsure Insurance Technology Private Limited
Sector: Insurance
Location: Mumbai
Founders: Anuj Parekh, Sanil Basutkar

Company overview

Anuj Parekh and Sanil Basutkar created the Mumbai-based insurtech business Bharatsure in May 2021. The company, which operates as an Infrastructure-as-a-Service (IaaS) provider, provides a comprehensive technology platform that facilitates the smooth distribution of group insurance and healthcare benefits throughout India via licensed brokers, agents, banks, and institutions. Employee benefits, embedded insurance, and wellness offerings are all made possible by Bharatsure's solutions, which facilitate the integration of insurance products into current services. With over 200,000 lives covered and over 10,000 claims processed, the company seeks to democratize access to inexpensive insurance.

Funding rounds

Latest round: ₹6.00 Cr. ($ 0.69 Mn), 2025-07-24. Investors: Nexus Venture Partners, The General Partnership, Afore Capital, Recall Capital, Ligature, FirstHand, Amazon
Past round: $ 1.00 Mn (₹8.31 Cr.), 2024-01-19. Investors: Inflection Point Ventures (IPV), Aashish Jindal (Grip Invest), Dexter Ventures, HEM Angels, We Founder Circle