- Source: Ditto Insurance
Ditto Insurance is a corporate insurance agent headquartered in Bengaluru, India. Founded in January 2021, the company received its license from the Insurance Regulatory and Development Authority of India (IRDAI) in December 2020.
The company is backed by Indian stock broker and financial services company Zerodha.
History
The three batchmates of Indian Institute of Management Ahmedabad, Shrehith Karkera, Bhanu Harish Gurram, and Pawan Kumar Rai have decided to opt out of college placements and founded "Finshots", a financial newsletter in 2019. In 2021, Nithin Kamat founder of Zerodha impressed with their idea and invested Rs. 4 crore as seed funding. And they founded their second venture, Ditto Insurance. After six months of its creation, the fourth co-founder Lokesh Gurram joined Ditto Insurance.
In January 2021, Max Life Insurance partnerred with Ditto Insurance for online life insurance distribution.
In April 2024, the company gave a chance to UPSC aspirants who could not clear the final round of the Union Public Service Commission exam. They can join the advisory team of the insurance tech company, which is backed by Nithin Kamath's Zerodha.
Awards
Top 20 startups 2023 by LinkedIn
References
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