Where is Elephant located?

Elephant is headquartered in Mumbai, India. It is registered at 8th Floor, Gold Crest, 10th Road, Juhu, Vile Parle (West), Mumbai, Maharashtra, India, 400049.

Which legal entities is Elephant associated with?

Elephant is associated with ALLIANCE INSURANCE BROKERS PRIVATE LIMITED.

How many employees does Elephant have?

As of May 31, 2025, Elephant has 463 employees, reflecting a 5% year-over-year growth in headcount.

Is Elephant a funded company?

Elephant is a funded company, having raised a total of $***** in its 1st and only funding round.

What is the annual revenue of Elephant?

Annual revenue of Elephant is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does Elephant rank among its competitors?

Elephant ranks 97th amongst 697 active competitors, of which 98 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Insurify, which secured $22.4M in Apr, 2023.

Who are the top competitors of Elephant?

Elephant's top competitors include Policybazaar, NerdWallet and Turtlemint. Among them, Insurify secured the most recent funding round in April, 2023.

Elephant - 2026 Company Profile, Team, Competitors & Financials

Company Details

Online insurance comparison platform for corporate employees. It offers quotes for home insurance, health insurance, auto insurance, cyber insurance, critical illness, and more. It also offers claims services. Its insurance partners include Digit Insurance, Bharti AXA, TATA AIF, HDFC AGRO, and more.

Website: elephant.in
Social
Email ID: *****@elephant.in
Phone Number: +91 **********
Registered Address: 8th Floor, Gold Crest, 10th Road, Juhu, Vile Parle (West), Mumbai, Maharashtra, India, 400049

Key Metrics

Founded Year

2011

Location

Mumbai, India

Stage

Funding Raised

Ranked

97^th among 697 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

463 as on May 31, 2025

Similar Companies

Policybazaar & 943 more

View Elephant's full profile

Elephant is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ALLIANCE INSURANCE BROKERS PRIVATE LIMITED CIN: U67200MH2003PTC141621 , India, Active	Aug 06, 2003	₹100 - ₹500 Cr (As on Mar 31, 2025)	452 (As on Apr 01, 2026)

Elephant is a funded company.

The founders of Elephant is Aatur Thakkar.

Here are the details of Elephant's key team members:

Aatur Thakkar: Co-Founder of Elephant.

View details of Elephant's Founder profiles and Board Members

Elephant's employee count trend

Elephant has 463 employees as of May 25. The total employee count is 5.0% more than what it was in May 24. Here is Elephant's employee count trend over the years:

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Top competitors of Elephant include Policybazaar, NerdWallet and Turtlemint. Here is the list of Top 10 competitors of Elephant, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Policybazaar 2008, Gurugram (India), Late Stage	Online marketplace for purchasing various types of insurance policies	-	Education Growth Partners, Premji Invest & 9 others	76/100
2nd	NerdWallet 2009, San Francisco (United States), Public	App-based comparison platform for financial products	$123M	IVP, Camelot Capital & 13 others	76/100
3rd	Turtlemint 2015, Mumbai (India), Public	Provider of platform for comparing and purchasing insurance, loans, and funds	$220M	Peak XV Partners, Nexus Venture Partners ... & 15 others	74/100
4th	EverQuote 2011, Cambridge (United States), Public	Online comparison platform for automotive & other insurances	$37.6M	Savano Capital Partners, Second Alpha & 7 others	74/100
5th	Insurify 2013, Cambridge (United States), Series B	Online comparison platform for car insurance	$154M	MassMutual Ventures, Nationwide & 11 others	72/100
6th	Policygenius 2014, New York City (United States), Acquired	App-based insurance comparison platform for individuals	$288M	Norwest, Revolution & 25 others	72/100
7th	Meilleurtaux 1999, Paris (France), Acquired	App-based comparison platform for life and non-life insurance & loans	$22M	Edmond de Rothschild, Galileo Partners & 3 others	71/100
8th	Confused.com 2002, Cardiff (United Kingdom), Public	App-based comparison platform for life and P&C insurances	-	-	71/100
9th	PB Fintech 2008, Gurugram (India), Public	Provider of an online platform offering insurance and lending products through its flagship brands	$443M	Intel, SoftBank Vision Fund & 205 others	68/100
10th	CHECK24 1999, Munich (Germany), Funding Raised	Operator of online platform providing comparison services for insurance and finance	-	Accel, TruVenturo	68/100
97th	Elephant 2011, Mumbai (India), Funding Raised	Online insurance comparison platform for corporate employees	-	-	38/100

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Founders (largest shareholder) own 72.95%, Funds own 5.48%, Enterprises own 15.72% and Other People own 5.85%. The net worth of Elephant's founders is INR 103Cr as of Oct 23, 2015.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	72.95%	103Cr	7184203	2397327	2354253	9203745
Fund	5.48%	7.75Cr	38618	89869	87699	47164
Enterprise	15.72%	22.3Cr	4357726	8925464	4407713	1926325
Other People	5.85%	8.28Cr	49449	39518	20565	23110
Total	100.00%	141Cr	1440968	5572766	8769628	1003785