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Insurance Samadhan Shark Tank India Season 1

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Insurance Samadhan Shark Tank India Season 1 Got 1 Crore Funding in Exchange of 4% by Peyush Bansal.

Insurance Samadhan Shark Tank India Season 1

Pitch no 88 with company details

Insurance Samadhan

An online resource for handling concerns about insurance is Insurance Samadhan. The Delhi-based website, which serves a diverse clientele, enables users to report concerns about misrepresentation, expired policies, policy denials, fraud, and denials of claims for life, health, and general insurance. After filtering the complaints based on predetermined criteria using AI and ML, it establishes necessary connections with the appropriate insurance firms, regulators, ombudsmen, IRDA, and consumer courts. The startup just obtained seed funding from Venture Catalysts, a platform that combines incubator and accelerator functions.

Founder of Insurance Samadhan

The co-founder and CEO of Insurance Samadhan is:

  1. Deepak Bhuvneshwari Uniyal.
  2. Sanjay H. Aggarwal, Co-Founder & Legal Expert
  3. Shailesh Kumar, Co-Founder & Insurance Head
  4. Shilpa Arora, COO and co-founder
  5. CTO and co-founder Ravi Mathur

Insurance Samadhan Funding Round

Company Name

Insurance Samadhan

Shark Tank India Season


Episode No


Season No



Insurance Samadhan


Insurance Solutions

Original Ask

1 crore for 1% Equity


1 crore for 4% Equity

Invested By:

Peyush Bansal

At the core of Insurance Samadhan's pitch was a commitment to empowering consumers and holding insurance companies accountable for their actions. By leveraging technology and data-driven insights, they aimed to level the playing field and provide policyholders with the tools and resources needed to assert their rights and protect their interests. Whether it was disputing a denied claim, negotiating better terms on a policy, or seeking redressal for fraudulent practices, Insurance Samadhan stood ready to advocate on behalf of their clients and ensure that justice was served.

The Pitch:

Insurance Samadhan entered the Shark Tank with a mission to address the widespread frustration and confusion surrounding insurance claims and policies. Recognizing the myriad challenges faced by policyholders, from claim denials to policy mis-selling, they offered a unique platform that provided expert guidance and support to individuals navigating insurance-related issues. With their team of seasoned professionals and in-depth industry knowledge, Insurance Samadhan sought to demystify the insurance process and ensure that consumers received fair treatment and timely resolution to their concerns.

The Deal:

Impressed by the potential of Insurance Samadhan to disrupt the insurance industry and champion consumer rights, Peyush Bansal recognized the value of their innovative approach and made a generous investment offer of 1 crore for a 4% equity stake in the company. His investment signaled his confidence in Insurance Samadhan's ability to make a meaningful impact on the lives of policyholders and reshape the insurance landscape for the better. With his support and expertise, Insurance Samadhan was well-positioned to scale their operations, expand their reach, and provide much-needed relief to individuals facing insurance-related challenges.

Investors Behind Insurance Samadhan

Peyush Bansal: With the backing of Peyush Bansal, Insurance Samadhan embarked on a mission to revolutionize the insurance industry and empower consumers to assert their rights with confidence. The infusion of capital allowed them to enhance their technology platform, expand their team of experts, and reach a wider audience of policyholders in need of assistance. As the demand for their services continued to grow, Insurance Samadhan remained committed to their mission of providing fair, transparent, and effective solutions to insurance-related woes, one policyholder at a time.


Insurance Samadhan's success on Shark Tank India Season 1 was a testament to the power of innovation and entrepreneurship to drive positive change in even the most entrenched industries. By placing the needs of consumers at the forefront of their business model, they offered a lifeline to individuals struggling to navigate the complex and often opaque world of insurance. With the support of Peyush Bansal, Insurance Samadhan was poised to disrupt the status quo, challenge industry norms, and empower policyholders to take control of their financial futures.

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