InsuranceDekho Launches $2M ESOP Liquidity Programme
InsuranceDekho, a leading Indian insurance aggregator, has launched its first Employee Stock Ownership Plan (ESOP) liquidity program worth $2 million. The initiative allows employees to partially cash out their vested stock options, marking a significant milestone in the company's growth journey.
InsuranceDekho, which operates across 1,800 cities and 98 percent of Indian pin codes, serves both individuals and businesses. Its portfolio spans motor, health, life, travel, pet, and corporate insurance, offering more than 650 plans from 48 insurers. The company's operating revenue surged 73.5% to Rs 1,290 crore in FY25.
Earlier this year, InsuranceDekho raised $70 million in a funding round co-led by Beams Fintech Fund, MUFG, and BNP Paribas Cardif. This latest ESOP liquidity program enables about 150 current and former employees to realize financial gains while continuing to hold equity in the company. InsuranceDekho plans to expand its ESOP pool with new grants to benefit employees at all levels as the platform scales.
InsuranceDekho's first ESOP liquidity program, worth $2 million, underscores the company's commitment to fostering a culture of ownership and shared growth. The move comes amidst impressive revenue growth and expansion, reflecting the company's strong performance and promising future.
