Indian Insurtech Reaches $15.8B Valuation As Sector Prioritises Unit Economics

6 Oct 2026, 1:18 pm · 2h ago · 1 min read · YourStoryNew

India's insurtech sector experienced record IPOs and acquisitions during 2025 while fresh venture funding grew at a slower pace, according to a report by Boston Consulting Group and the India InsurTech Association. The ecosystem comprises over 150 active companies with cumulative valuations surpassing $15.8 billion and combined revenue reaching $0.9 billion in 2024. Health insurtech accounted for more than 70% of funding and four of the five largest deals. Investors are increasingly demanding clear paths to profitability, even as insurance penetration in India remains at approximately 3.7% of GDP, roughly half the global average.