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HDFC ERGO - About the company

HDFC ERGO is a funded company based in Mumbai (India), founded in 2002 by Atul Kothari and Shubham Jain. It operates as a Provider of general insurance services. The company has 319 active competitors, including 7 funded and 33 that have exited. Its top competitors include companies like Aditya Birla Capital, Bajaj Finserv and MetLife.

Company Details

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Registered Address
1st FLOOR, 165 - 166, BACKBAY RECLAMATION, H. T. PAREKH MARG, CHURCHGATE, Mumbai City, MUMBAI, Maharashtra, India, 400020
Key Metrics
Founded Year
2002
Location
Mumbai, India
Stage
Funding Raised
Investors
Ranked
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2021
Employee Count
11,303 as on May 31, 2026
Investment & Acquisitions
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HDFC ERGO's funding and investors

HDFC ERGO is a funded company. HDFC ERGO has 1 institutional investor.

HDFC ERGO's founders and board of directors

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The founders of HDFC ERGO are Atul Kothari and Shubham Jain.
Here are the details of HDFC ERGO's key team members:

HDFC ERGO's employee count trend

HDFC ERGO has 11,303 employees as of May 26. The total employee count is 6.0% more than what it was in May 25. Here is HDFC ERGO's employee count trend over the years:
Employee count trend for HDFC ERGO
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HDFC ERGO's Competitors and alternates

Top competitors of HDFC ERGO include Aditya Birla Capital, Bajaj Finserv and MetLife. Here is the list of Top 10 competitors of HDFC ERGO, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Aditya Birla Capital
Aditya Birla Capital
2007, Mumbai (India), Public
Provider of loans, investments, insurance, UPI, and bill payment services
-
74/100
2nd
Logo for Bajaj Finserv
Bajaj Finserv
2007, Pune (India), Public
Financial services conglomerate offers a range of financial solutions
-
74/100
3rd
Logo for MetLife
MetLife
1868, New York City (United States), Public
Provider of insurance products and employee benefit programs for individuals
-
73/100
4th
Logo for ICICI Lombard
ICICI Lombard
2001, Mumbai (India), Public
Provider of life & health insurance, and general coverage services
$307M
71/100
5th
Logo for SBI Life Insurance
SBI Life Insurance
2001, Mumbai (India), Public
Life Insurance joint venture between SBI and BNP Paribas Cardiff
$264M
71/100
6th
Logo for HDFC Life
HDFC Life
2000, Mumbai (India), Public
Provider of life insurance services
-
69/100
7th
Logo for PNB MetLife
PNB MetLife
2001, Bengaluru (India), Late Stage
Provider of life insurance services
-
68/100
8th
Provider of health insurance services
$783M
67/100
9th
Logo for SBI General
SBI General
2009, Mumbai (India), Seed
Provider of general insurance services
$85.4M
67/100
10th
Logo for Tata AIA Life Insurance
Tata AIA Life Insurance
2001, Mumbai (India), Late Stage
Provider of life insurance plans including term, wealth, retirement, and health
-
-
65/100
13th
Logo for HDFC ERGO
HDFC ERGO
2002, Mumbai (India), Funding Raised
Provider of general insurance services
-
63/100
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HDFC ERGO's Latest cap tables and shareholding

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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

HDFC ERGO's Investments and acquisitions

HDFC ERGO has made 1 investment in Utkarsh Coreinvest and acquired Apollo Munich Health Insurance and L&T General Insurance Company Limited.
Here is the list of these investments and acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jun 19, 2019
Acquisition
2006
Gurugram (India)
Sep 30, 2016
Investments
2009
Varanasi (India)
Jun 03, 2016
Acquisition
2010
Mumbai (India)
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Reports related to HDFC ERGO

Here is the latest report on HDFC ERGO's sector:

News related to HDFC ERGO

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Media has covered HDFC ERGO for a total of 4 events in the last 1 year, 3 of them have been about company updates and 1 about people movement.
•
HDFC Ergo CEO Anuj Tyagi to launch insurance ventureMoneycontrol•Jan 28, 2026•HDFC ERGO
•
HDFC ERGO Appoints Parthanil Ghosh as Executive DirectorBusinessnewsthisweek•May 20, 2025•HDFC ERGO
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