Birla Sun Life Insurance has contributed significantly to the growth and development of the life insurance industry in India
Business Model:
Revenue: $0
Employees: 10,001-1
Address:
City: Thane
State: Maharashtra
Zip:
Country: India
Established in 2000, Birla Sun Life Insurance Company Limited (BSLI) is a joint venture between the Aditya Birla Group, a well known and trusted name globally amongst Indian conglomerates and Sun Life Financial Inc, leading international financial services organization from Canada. The local knowledge of the Aditya Birla Group combined with the domain expertise of Sun Life Financial Inc., offers a formidable protection for its customers&s; future. With an experience of over 10 years, BSLI has contributed significantly to the growth and development of the life insurance industry in India and currently ranks amongst the top 7 private life insurance companies in the country. Known for its innovation and creating industry benchmarks, BSLI has several firsts to its credit.It was the first Indian Insurance Company to introduce "Free Look Period" and the same was made mandatory by IRDA for all other life insurance companies. Additionally, BSLI pioneered the launch of Unit Linked Life Insurance plans amongst the private players in India. To establish credibility and further transparency, BSLI also enjoys the prestige to be the originator of practice to disclose portfolio on monthly basis. These category development initiatives have helped BSLI be closer to its policy holders expectations, which gets further accentuated by the complete bouquet of insurance products (viz. pure term plan, life stage products, health plan and retirement plan) that the company offers.
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Announced Date | Company | Transaction | Money Raised |
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11/2017 | Spandana Sphoorty Financial | Venture Round | 0 |
2/2018 | HG Infra Engineering | Private Equity Round | - |
1/2018 | Newgen Software Technologies | Venture Round | 0 |
10/2017 | Indian Energy Exchange | Private Equity Round | 0 |
4/2016 | Equitas Holdings | Private Equity Round | 0 |
11/2017 | Khadim India | Private Equity Round | 0 |
12/2015 | Dr Lal PathLabs | Venture Round | 0 |
8/2016 | SP Apparels | Venture Round | 0 |
10/2017 | Mahindra Logistics | Venture Round | 38.2M |
2/2018 | HG Infra Engineering | Private Equity Round | - |
1/2018 | Newgen Software Technologies | Venture Round | 0 |
11/2017 | Spandana Sphoorty Financial | Venture Round | 0 |
11/2017 | Khadim India | Private Equity Round | 0 |
10/2017 | Mahindra Logistics | Venture Round | 0 |
10/2017 | Indian Energy Exchange | Private Equity Round | 0 |
8/2016 | SP Apparels | Venture Round | 0 |
4/2016 | Equitas Holdings | Private Equity Round | 0 |
12/2015 | Dr Lal PathLabs | Venture Round | 0 |
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