Gather

Gather operates as a licensed insurance intermediary under India's IRDAI regulatory sandbox, making it both a software provider and a regulated sales entity. When a user buys a policy through a partner app, Gather's in-house compliance team executes the transaction as the licensed party. This structure means its consumer-platform partners do not need their own insurance licenses or PoSP agents to earn commissions.

The platform focuses on pure-protection term life insurance and health indemnity products, with select partner insurers also listing savings-linked plans. Gather's product catalog draws from partnerships with HDFC Life, ICICI Prudential Life, and Bajaj Allianz, among others. The firm has not yet expanded into general insurance lines such as motor or travel.

Traditional aggregators like PolicyBazaar or Paisabazaar sell leads to insurers and brokers in exchange for one-time fees or lower-margin revenue-share. Gather replaces that handoff: its partners earn the full distribution commission on every policy sold, and Gather takes a platform fee or a negotiated split of the commission. Because Gather holds the license and runs compliance, the partner app realizes economics closer to those of a direct insurance broker.

Co-founder and CEO Aditya Singh drives product and strategy, bringing prior experience managing platform risk at BharatPe. Vaibhav Kathju and Rahul Khetawat, both co-founders, lead engineering and insurer partnerships respectively, drawing on prior work at Setu and Paisabazaar. The three-person leadership team currently operates without a separate CIO or external investment committee.

Gather is exclusively an operating company; it does not manage LP capital or allocate to funds on behalf of external investors. Its disclosed capital activity is limited to its own venture funding rounds, the most recent being a $1.3 million pre-seed raise in January 2025 (per Entrackr, January 2025).

The firm has publicly focused only on retail life and health insurance in India and has not signaled interest in general insurance (motor, property, or travel), commercial lines, or reinsurance. It has also stayed away from the US or European markets, where the regulatory path for a licensed-insurer-intermediary model involves state-level compliance frameworks not yet served by the platform.

Gather operates under a regulatory sandbox license from IRDAI, which lets it test and run its embedded-insurance model with real policies before obtaining a full corporate-agent or broker license. This sandbox status caps the volume of premiums it can intermediate and requires periodic compliance reporting, but permits live transactions where fully licensed intermediaries might face higher capital or solvency requirements. The firm's January 2025 fundraise was partly allocated to building out the compliance team that supports this sandbox framework.