GramCover plans to be one-stop shop for rural insurance needs: CEO Bhatt

The company was founded in 2017-18 by a clutch of private equity firms

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Bhatt said his vision is to make the start-up a preferred partner for both insurance companies and rural customers and becoming synonymous with rural insurance in the years to come.

Sanjeeb Mukherjee New Delhi
Rural-focused insurance distribution start-up GramCover has grown its customer base from a few thousand farmers in 2017-18 to over 1.3 million in FY20, with a strong focus on becoming a one-stop solution for all insurance needs.
 
“We follow the simple philosophy of ‘Gaay Se Garhi Tak’ (from cow to car), which is providing insurance products that can cover everything from a cow to a motor car,” Dhyanesh Bhatt, co-founder and Group CEO of Gram-Cover, told Business Standard.
 
Founded in 2017-18 by a clutch of private equity firms, along with Bhatt and Jatin Singh of private weather forecasting firm Skymet, Gram­Cover has scaled up its insurance portfolio quickly and penetrated new areas in a short span of time.
 

First Published: Apr 03 2021 | 01:35 AM IST

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