IndiaFirst Life
Saurabh Vaidya currently holds the position of Manager at IndiaFirst Life since September 2024. Prior to this, Saurabh served in various roles at Hansa Cequity from December 2021 to August 2024, including Senior Data Scientist, Analyst in Data Science & AI, Associate in Data Science and AI, and Data Science Intern. Saurabh's academic background includes a Master of Science in Big Data Analytics from JAI HIND COLLEGE, MUMBAI, completed in April 2022, and a Bachelor of Science in Information Technology from the same institution, earned in June 2020.
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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.