Mumbai, March 20, 2026: BimaPay Finsure Private Limited, a fast-growing digital lending and insurance financing platform backed by Mufin Green Finance, has been honoured with the prestigious “Rising Star Company of the Year” award at the India Insurance Summit and Awards 2026.
The recognition highlights BimaPay’s emergence as a high-impact player in India’s evolving insurtech landscape, driven by its focus on innovation, affordability, and accessibility.
The India Insurance Summit and Awards 2026 brought together key stakeholders across the insurance value chain to celebrate excellence in innovation, leadership, and transformative growth. BimaPay was recognised for its differentiated approach to enabling insurance through flexible premium financing, seamless digital journeys, and deep integration with enterprise and partner ecosystems.
The company has rapidly expanded its footprint by offering accessible and affordable insurance solutions to salaried individuals, businesses, and the gig workforce. Its technology-driven platform enables simplified insurance distribution while improving reach across underserved segments.
Speaking on the achievement, Hanut Mehta, Co-Founder and CEO of BimaPay, said:
“Our vision has always been to simplify and democratise access to insurance through technology. Being recognised as the Rising Star Company of the Year is a strong validation of the progress we’ve made and the impact we are creating. This milestone reflects the trust of our partners, customers, and the dedication of our team.”
Mohit Gupta, Co-Founder at BimaPay, added:
“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.”
Kapil Garg, Co-founder and Group Promoter at BimaPay, further noted:
“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.”
With this achievement, BimaPay strengthens its position as a key enabler in India’s insurtech ecosystem. The company continues to work towards bridging the protection gap by offering innovative premium financing solutions, simplifying insurance distribution through digital integrations, and catering to underserved segments.
Looking ahead, BimaPay aims to expand its product offerings, deepen strategic partnerships, and scale technology-driven solutions to meet the evolving protection and affordability needs of a diverse customer base.
About BimaPay:
BimaPay is an India-based insurtech platform that combines digital insurance distribution with flexible premium financing solutions. It partners with insurers, corporates, HR platforms, and digital ecosystems to enable instant access to insurance products, transparent servicing, and improved affordability for individuals and businesses across India.
