InsuranceDekho Launches $2 Million ESOP Liquidity Program for Employees

InsuranceDekho: Indian insurtech leader InsuranceDekho has unveiled its first-ever Employee Stock Option Plan (ESOP) liquidity program worth $2 million, offering employees an opportunity to partially cash out their vested stock options. This landmark move allows participants to realize tangible financial gains while maintaining a stake in the company’s long-term growth and success.

The ESOP program saw participation from approximately 150 current and former employees through a secondary sale. By enabling liquidity, InsuranceDekho is providing a pathway for its workforce to convert a portion of their stock options into immediate financial benefits without losing their investment in the company’s future. The firm has also announced plans to expand its ESOP offerings with new grants, ensuring employees across all levels continue to share in the company’s success as it scales.

Founded in Gurugram, InsuranceDekho has rapidly expanded its footprint, operating across 1,800 cities and 98% of Indian pincodes. Supported by 20 offices and a network of over 2 lakh partners, the platform has successfully insured over 12,000 businesses nationwide. By combining AI-powered technology with human expertise, InsuranceDekho provides seamless onboarding, efficient servicing, and reliable support throughout the customer journey. Its portfolio spans motor, health, life, travel, pet, and corporate insurance, offering 650 plans from 48 insurers to cater to diverse customer needs.

Funding and Financial Performance

InsuranceDekho has attracted significant investor interest in recent years. In March 2025, the company raised $70 million in a funding round co-led by Beams Fintech Fund, Mitsubishi UFJ Financial Group (MUFG), and BNP Paribas Cardif. Earlier, in October 2023, the Gurugram-based insurtech firm had secured $60 million in a Series B round led by MUFG.

Despite its impressive revenue growth, InsuranceDekho reported mixed financial results in FY25. The company’s operating revenue surged 73.5% to Rs 1,290 crore, up from Rs 743.6 crore in FY24. However, it posted a net loss of Rs 47.5 crore, compared with a net profit of Rs 85.7 crore in FY24.

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ESOP Program Details and Employee Benefits

How the Program Works

The ESOP liquidity program allows employees to:

• Partially cash out vested stock options through a secondary sale.
• Retain ownership in the company, ensuring continued participation in long-term growth.
• Benefit financially while remaining motivated to contribute to InsuranceDekho’s success.

Expansion Plans

InsuranceDekho intends to expand the ESOP program further by issuing new stock option grants, making it accessible to employees at multiple levels. This strategy is aimed at enhancing employee engagement, retention, and aligning workforce incentives with the company’s growth trajectory.

InsuranceDekhos Nationwide Presence

InsuranceDekho’s strong market presence is evident across 1,800 cities, with coverage of 98% of Indian pincodes. Its 20 offices and partner network of over 2 lakh agents allow it to reach a wide customer base. By leveraging AI-powered technology alongside human expertise, the platform ensures:

• Personalized onboarding experience for customers.
• Efficient policy management and servicing.
• Reliable, round-the-clock customer support.

The platform offers 650 insurance plans from 48 insurers, catering to individuals and businesses alike, including:

• Motor insurance
• Health insurance
• Life insurance
• Travel and pet insurance
• Corporate insurance solutions

Conclusion

InsuranceDekho’s $2 million ESOP liquidity program marks a significant milestone in the company’s employee-focused initiatives. By allowing employees to cash out part of their stock options while maintaining equity, the program strengthens motivation, engagement, and loyalty.

The company’s strategic expansion, backed by AI-powered technology and a robust partner network, positions it for continued growth in the competitive Indian insurtech market. Despite reporting a net loss in FY25, InsuranceDekho’s strong revenue growth demonstrates its potential to scale further.

With new ESOP grants and innovative technology-driven services, InsuranceDekho continues to reinforce its commitment to employees and customers alike, ensuring that its workforce benefits from the company’s success while maintaining operational excellence.

As InsuranceDekho continues to expand its offerings and coverage, it is well-placed to consolidate its position as a leading insurtech platform in India, delivering value for both employees and customers.

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FAQs of InsuranceDekho

1. What is the InsuranceDekho ESOP liquidity program?

The ESOP liquidity program is a $2 million initiative that allows employees to partially cash out their vested stock options. It provides employees with immediate financial benefits while retaining their stake in the company’s future growth.

2. Who can participate in the ESOP program?

Current and former employees of InsuranceDekho can participate. In the initial program, about 150 employees engaged in a secondary sale to realize tangible financial gains.

3. What are the benefits of the ESOP program for employees?

Employees benefit in multiple ways: they can cash out part of their stock options, retain ownership, and align their financial incentives with the company’s growth. This strengthens engagement, loyalty, and long-term motivation.

4. How is InsuranceDekho performing financially?

In FY25, InsuranceDekho’s operating revenue surged 73.5% to Rs 1,290 crore, up from Rs 743.6 crore in FY24. However, the company reported a net loss of Rs 47.5 crore, compared with a net profit of Rs 85.7 crore in FY24.

5. What makes InsuranceDekho a leading insurtech platform in India?

InsuranceDekho operates across 1,800 cities and 98% of Indian pincodes, supported by 20 offices and over 2 lakh partners. By combining AI technology with human expertise, it offers 650 insurance plans from 48 insurers across motor, health, life, travel, pet, and corporate insurance, ensuring efficient service and personalized support.