Pibit.AI funding, investors and company details

Pibit.AI is an emerging Artificial Intelligence (AI) - Automation startup from Gurugram, working in the space of AI automation platform that streamlines commercial insurance underwriting for carriers and managing general agents. Founded by Akash Agarwal, Karan Bedi.

Company: PIBIT Technologies Private Limited
Sector: Artificial Intelligence (AI) - Automation
Location: Gurugram
Founders: Akash Agarwal, Karan Bedi
Total funding raised: ₹60.68 Cr

Company overview

Pibit.ai is an AI automation platform that streamlines commercial insurance underwriting for carriers and managing general agents. It automates data intake, triage, and decisioning by extracting and enriching submission information from documents, emails, and external systems. The technology delivers qualified, appetite-ready submissions, advanced risk scoring, robust analytics, and compliance support while reducing manual review, operational costs, and turnaround times. Pibit.ai continuously improves underwriting quality, increases volumes, and accelerates policy issuance by integrating seamlessly with core policy management systems and workflows.

Funding rounds

Latest round (Series A): $ 7.00 Mn (₹60.68 Cr.), 2025-11-21. Investors: Stellaris Venture Partners, Y Combinator, Arali Ventures