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SBI Life Insurance Co. Ltd.

22417 employees

SBI Life Insurance (‘SBI Life’ / ‘The Company’), one of the most trusted life insurance companies in India, was incorporated in October 2000 & is registered with the Insurance Regulatory & Development Authority of India (IRDAI) in March 2001. Serving millions of families across India, SBI Life’s diverse range of products caters to individuals as well as group customers through Protection, Pension, Savings & Health solutions. Driven by ‘Customer-First’ approach, SBI Life places great emphasis on maintaining world class operating efficiency & providing hassle-free claim settlement experience to its customers by following high ethical standards of service. Additionally, SBI Life is committed to enhance digital experiences for its customers, distributors & employees alike. SBI Life strives to make insurance accessible to all, with its extensive presence across the country through its 1,082 offices, 24,939 employees, a large & productive network of about 264,058 agents, 79 corporate agents & 14 bancassurance partners with more than 41,000 partner branches, 140 brokers & other insurance marketing firms. In addition to doing what’s right for the customers, the company is also committed to provide a healthy & flexible work environment for its employees to excel personally & professionally. SBI Life strongly encourages a culture of giving back to the society & has made substantial contribution in the areas of child education, healthcare, disaster relief & environmental upgrade. In 2023-24, the Company touched over 1.05 lakh direct beneficiaries through various CSR interventions. Listed on the Bombay Stock Exchange ('BSE') & the National Stock Exchange ('NSE'), the company has an authorized capital of Rs. 20.0 billion & a paid up capital of Rs. 10.0 billion. The AUM is Rs. 4,389.5 billion. For more information, please visit our website-www.sbilife.co.in (Numbers & data mentioned above are for the period ended September 30, 2024)

Investor insights

Funding rounds participated in

$79M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Insurance

Sectors

Insurance

Date founded

2001

Funding rounds raised

Total raised

$79M

from investors over 1 rounds

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SBI Life Insurance Co. Ltd. raised $79M on April 28, 2022

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