Scouting for startups from
All Sectors for innovative use-cases in General Insurance

Cohort announced

Selected Startups

Why Apply to InsureNxt?

Zero equity commitment from the startup.

Who are we looking for?

EARLY and LATE stage startups that can bring innovation and value to the insurance industry

  • InsurTech   InsurTech

  • Artificial Intelligence   Artificial Intelligence

  • Machine Learning   Machine Learning

  • InsurTech    Blockchain

  • IoT   Internet Of Things

  • Automation   Automation

  • HealthTech   HealthTech

  • FinTech   FinTech

  • AgriTech  AgriTech

  • TravelTech  TravelTech

  • MotorTech  MotorTech

  • Data Sciencce  Data Science

What Benefits does the program offer?

Guided Mentorship

Dedicated mentor sessions and workshops with the IvyCamp network and HDFC ERGO experts to grow, scale and sustain your venture.

Networking

Opportunities to network with industry experts, investors, and entrepreneurs.

Workspace

Free collaborative work space for 12 weeks at HDFC ERGO offices in Delhi, Mumbai, and Bangalore.

Value Added Services

Access to IvyCamp service partner benefits including AWS, Google, Exotel, Instamojo, IBM, Digital Ocean worth $25,000.

Select Mentors

F.A.Q

InsureNxt is an accelerator program launched by HDFC ERGO on the IvyCamp platform to find, grow, and fund high potential startups that can bring innovation to the insurance sector. The 12 week program is targeted to help startups accelerate their progress, refine their product/service offering, grow an understanding of customer engagement, and learn about the insurance industry regulations. As part of the program, startups will get dedicated access to experts, entrepreneurs, and investors through the IvyCamp and HDFC ERGO network.
We are looking for focused and passionate founders in early stages of their business, ideally with a differentiated and scalable product/service. We are also interested in later stage companies that are looking to grow and refine their existing solutions.
Founders must be able to describe their solution clearly and concisely, along with some understanding of how it would be applicable to/add value to the insurance industry. The team should have a clear vision for their startup, and be convincing about why their solution stands out from others, and what in their experience makes them have the potential to succeed. Applications will be evaluated on the basis of ability to identify and solve a customer pain point, Solution Feasibility & Sustainability, and Business Viability. The more evidence or examples presented related to applicability of the solution, the stronger the application.

We will review applications on an ongoing basis, and before our final shortlisting, we will conduct regular calls between groups of startups and the IvyCamp-HDFC ERGO team to answer any questions.

The shortlisted startups will then be invited to make a short pitch in front of a panel of jury members consisting of HDFC ERGO management, industry leaders, InsureNxt partners and investors.

No, InsureNxt doesn’t take any equity for the program.
The program is targeted to start in April.
HDFC ERGO may choose to invest in a startup based on their evaluation at the end of the program. The Demo day at the completion of the program will showcase the startups to the IvyCamp investor network also.

IvyCamp Resources

WeWork

Shared workspaces provider

Amazon Web Services

Cloud Service Provider

Exotel

Cloud Telephony Platform

Google Cloud

Cloud Service Provider    

IBM Cloud

Cloud Service Provider    

Instamojo

Payment Gateway Service

80 DB

Public Relations Firm