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ICICI Prudential Life Insurance

1089 Appasaheb Marathe Marg, Prabhadevi, Mumbai, Maharashtra, 400025, India

Overview

ICICI PruLife Insurance is an insurance company. It provides life insurance, pensions, and health insurance to individuals and groups. It offers participating, non-participating, and unit linked products. The company also provides insurance products for individuals, such as term life, child education, retirement, and health insurance plans, as well as traditional savings/money back plans. Additionally, it offers group insurance solutions for companies, such as loan protect, loan protect plus, group term plus, group gratuity, group superannuation, group leave encashment, group immediate annuity plans. ICICI PruLife Insurance was founded in 2000 and is headquartered in Mumbai, India.

Total investments
8
Lead investments
0
Investments · 12mo
6
Active investors
6

Sector focus

  • Insurance
  • Life Insurance
  • Retirement
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Investment portfolio

  • Shiprocket

    Participated · Equity · Aug 2026

    Shiprocket operates as a horizontal e-commerce enablement platform serving merchants and large retailers, with operations split into Core Business and Emerging Business segments. Its Core Business includes domestic shipping and shipping applications, while Emerging Businesses comprise cargo and fulfillment, cross-border shipping, advertising and marketing solutions, capital solutions, and hyperlocal deliveries. According to a Redseer Report cited by the company, Shiprocket was the largest new-age, end-to-end horizontal e-commerce enablement platform in India by revenue from operations for fiscal 2026. The company is pursuing growth through both organic expansion of its shipping and fulfillment offerings and by building out adjacent services such as advertising, capital solutions, and cross-border logistics. As part of its IPO, Shiprocket has signaled plans to invest in marketing and technology infrastructure, repay or prepay certain borrowings, and consider potential acquisitions using proceeds from the fresh issue. Current public disclosures around revenue, users, or founding year were not provided in the article.

  • Turtlemint

    Participated · Equity · Jun 2026

    Turtlemint is positioned as an insurtech firm preparing to go public via an IPO scheduled to open on June 19, 2026. As part of the IPO process the company secured ₹397.20 crore from anchor investors at a price of ₹152 per share. The planned IPO aims to raise total proceeds of ₹883 crore, which includes an offer-for-sale component of ₹221 crore. The anchor allocation comprised 26.13 million equity shares, with a substantial portion (11.11 million shares) allotted to domestic mutual fund schemes. The company has engaged ICICI Securities, Jefferies India, JM Financial and Motilal Oswal as book-running lead managers for the offering. No additional operational metrics or financial performance figures were disclosed in the article.

  • Fractal

    Participated · Equity · Feb 2026

    Founded in 2000, Fractal Analytics builds and deploys enterprise-grade artificial-intelligence and analytics platforms that help large corporations derive actionable insights from data. Its offerings span end-to-end AI solutions and decisioning tools used across multiple industries. Over the six months ended September 2025, Fractal generated operating revenue of Rs 1,559 crore, up from Rs 1,300 crore in the prior-year period, while posting a net profit of Rs 70.9 crore versus Rs 72.9 crore a year earlier. The company last raised $170 million in July 2025 at an estimated valuation of Rs 20,978 crore ($2.44 billion). In preparation for a public listing, Fractal has trimmed its IPO size and is willing to price shares at a roughly 26% discount to its most recent private valuation, signalling a focus on broadening its investor base. At the IPO price band of Rs 857-900 per share, the firm’s post-money valuation would be about Rs 15,473 crore ($1.71 billion). Management believes public-market investors will evaluate the business differently from specialist private backers, potentially enabling long-term capital access. The company’s growth strategy centers on expanding its AI product suite and deepening penetration within existing enterprise clients while pursuing new verticals.

  • ROHA Housing Finance

    Participated · Equity · Jan 2026

    ROHA Housing Finance Pvt. Ltd. (RHPL) is the housing finance subsidiary of the ROHA Group, best known for its food-colour and ingredients businesses. The company offers home-loan products targeted at India’s evolving middle-income population and emphasises disciplined underwriting and governance standards. RHPL currently manages an assets-under-management (AUM) book of roughly ₹1,250 crore. Management intends to scale this AUM to about ₹5,000 crore within the next three years, leveraging both organic originations and an expanded capital base. The firm positions itself as a long-term institutional platform rather than a short-term lending play, mirroring the ROHA Group’s conservative capital-deployment philosophy. The latest capital raise significantly bolsters its balance sheet and provides growth headroom without compromising capital efficiency.

  • Groww

    Participated · Equity · Nov 2025

    Founded in 2016, Groww began as a direct-to-consumer mutual fund distributor and has evolved into a full-stack wealth management platform offering stockbroking, digital lending, and allied financial services. It now holds the position of India’s largest stockbroker with 13 million active traders as of February, outpacing rivals Zerodha and Angel One. The company recently deepened its advisory capabilities by acquiring PayU-backed fintech Fisdom for roughly $150 million. Financially, Groww’s FY25 revenue rose 31 % year-over-year to Rs 4,056 crore while net profit more than tripled to Rs 1,819 crore, a sharp turnaround from the prior year’s one-time tax-driven net loss. Its valuation has more than doubled since 2021, reflecting strong investor confidence. In May, Groww confidentially filed draft papers with SEBI for an IPO targeting $700 million–$1 billion, underscoring its near-term expansion ambitions. Existing backers include Peak XV Partners, Tiger Global, Ribbit Capital, Iconiq Capital, and Singapore’s sovereign wealth fund GIC.

Team

  • Sandeep Bakhshi

    Managing Director and CEO

    LinkedIn
  • Sandeep Batra

    Founder

    LinkedIn
  • N. S. Kannan

    Director

  • Chanda Kochhar

    Chairperson