IndiaFirst Life
Namdev Wadekar is an experienced IT professional currently serving as a Senior Manager at IndiaFirst Life, focusing on IT application development, IT infrastructure, and production support since April 2022. Previously, Namdev worked as an Information Technology Specialist at Capgemini from February 2020 to April 2022 and as a Product Developer at DXC Technology from June 2017 to February 2020, specializing in technologies such as AS400, SMART/400, COBOL/400, RPGLE, CL, and SQL/400. Additionally, Namdev held the position of System Engineer at Wipro from September 2011 to June 2017, where responsibilities included AS400 development and administration. Namdev holds a Master of Technology (M.Tech.) in Systems Engineering from the Birla Institute of Technology and Science, Pilani, completed in 2016, and a Bachelor of Science (B.S.) in the same field from the same institution, completed in 2015.
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IndiaFirst Life
IndiaFirst Life, the 22nd entrant in the Indian life insurance industry, launched its operations in November 2009. IndiaFirst Life is promoted by two large public-sector banks, Bank of Baroda (65% stake) and Union Bank of India (9% stake). Their footprint and experience offered by these entities continue to fortify the value proposition it offers to all stakeholders. Carmel Point Investments India Private Limited incorporated by Carmel Point Investment Ltd, a body corporate incorporated under the laws of Mauritius and owned by private equity funds managed by Warburg Pincus LLC also holds 26% stake in IndiaFirst Life. Declaring its maiden profits in FY 2014-15, IndiaFirst Life is amongst few Life Insurance companies in India to break-even within five years since inception. IndiaFirst Life’s footprint today, extends to over 1000 cities and towns pan-India, through over 12,000 points of sale. IndiaFirst Life’s competitive advantage is its new-age intuitiveness that delivers value through state-of-the-art digitalisation initiatives across its complete value chain, that stems from the company’s “CustomerFirst” ideology.