Mumbai, Mar 18: BimaPay Finsure Private Limited, a fast-growing digital lending and insurance financing platform backed by Mufin Green Finance, has been awarded the prestigious “Rising Star Company of the Year” title at the India Insurance Summit and Awards 2026. The recognition underscores BimaPay’s emergence as a high-impact player driving innovation, affordability, and accessibility in India’s evolving insurance ecosystem.
The India Insurance Summit and Awards 2026 brings together key stakeholders across the insurance value chain to celebrate innovation, leadership, and transformative growth. BimaPay was recognised for its differentiated model of enabling insurance through flexible premium financing, seamless digital journeys, and deep integration with enterprise and partner ecosystems—helping unlock access to insurance for a wider customer base.
BimaPay has rapidly scaled its presence by enabling seamless digital insurance journeys, offering flexible premium financing, and embedding insurance solutions across enterprise and partner ecosystems. Its platform continues to empower salaried individuals, businesses, and the gig workforce with accessible and affordable protection solutions.
“Our vision has always been to simplify and democratise access to insurance through technology,” said Hanut Mehta, Co-Founder & CEO at BimaPay. “Being recognised as the Rising Star Company of the Year at the India Insurance Summit and Awards 2026 is a strong validation of the progress we’ve made and the impact we are creating. This milestone reflects the trust of our partners and customers, and the dedication of our team to reimagine insurance for modern India.”
Also commenting on the achievement, Mohit Gupta, Co-Founder at BimaPay, said,
“This recognition marks an important step in our journey and reinforces our commitment to building meaningful, customer-first insurance solutions. As we continue to grow, our focus remains on leveraging technology to make insurance more accessible, transparent, and flexible for individuals and organisations alike. We are excited about the road ahead as we continue to innovate and scale responsibly.”
Adding to this, Kapil Garg, Co-founder and Group Promoter at BimaPay, said,
“This recognition is a testament to BimaPay’s strong foundation and its ability to scale with purpose. We believe the future of insurance lies in accessibility, innovation, and customer-centricity, and BimaPay is well-positioned to drive this transformation. We remain committed to building a robust and inclusive insurance ecosystem that caters to the evolving needs of modern India.”
With this achievement, BimaPay further strengthens its position as a key enabler in India’s insurtech ecosystem, driven by its mission to make insurance more inclusive and financially accessible. The company is actively working towards bridging the protection gap by offering innovative premium financing solutions, simplifying insurance distribution through digital integrations, and catering to underserved segments including salaried individuals and the gig workforce. Going forward, BimaPay aims to expand its product offerings, deepen strategic partnerships, and scale technology-driven solutions that address the evolving protection and affordability needs of a diverse customer base.
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