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IDBI Federal Life Insurance

1669 employees

Hello. We’re IDBI Federal Life Insurance, a joint-venture between IDBI Bank, India’s premier development and commercial bank, Federal Bank, one of India’s leading private sector banks and Ageas, a multinational insurance giant headquartered in Europe.    In less than 9 years, we have achieved a robust network of more than 3,000 branches across India. We have also touched the lives of 8,00,000+ customers, with over 8.23 lakh policies.   This is only the beginning and we look forward to sharing the rest of our journey with you. Together, we can create a world where people aren’t defined by boundaries but by their convictions and capabilities.

Investor insights

Funding rounds participated in

$81M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Insurance

Sectors

Insurance

Date founded

2008

Funding rounds raised

Total raised

$81M

from 1 investors over 1 rounds

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IDBI Federal Life Insurance raised $81M on January 31, 2021

Investors: Ageas

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