About Us

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Headquartered in Noida, India, Paytm Insurance Broking Private Limited (PIBPL), a wholly owned subsidiary of One97 Communications (OCL) is an online insurance market place, that offers insurance products across all leading insurance companies, with products across auto, life and health insurance and provide policy management and claim services for our customers.

It is registered with Insurance Regularity and Development Authority of India Limited to carry on the business of distribution of insurance product and act as Direct Insurance broker (Life & General) in accordance with the IRDAI (Insurance Brokers) Regulations, 2018, as amended.

Board of Directors

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Madhur Deora - Non Executive Director

Mr. Madhur Deora is the Executive Director, President, and Group Chief Financial Officer of Paytm. He has been associated with Paytm since October 2016. Prior to Paytm, he spent 17 years with Citi Investment Banking in New York, London, and Mumbai. Madhur graduated cum laude from the Wharton School, and cum laude from Phillips Exeter Academy.


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Girish Batra – Independent Director 

Mr. Girish Batra is a management graduate from IIM Ahmedabad. He is founder and CEO of NetAmbit since its inception. Previous to starting NetAmbit, he has worked for 6 years with companies such as Escorts and Godrej. He is also on the Advisory board of many other companies specially those companies looking to scale-up their business through unique and sustainable models.


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Mr. Debendranath Sarangi – Independent Director 

Mr. Debendranath Sarangi has over 35 years of experience under Indian Administrative Service (1977 Batch) Tamil Nadu cadre. He held senior positions including that of Chief Secretary to the Government of Tamil Nadu and Special Advisor to the Government after retirement. Prior to this, he has been the Chairman of the State Investment Agency viz: Tamil Nadu Industrial Development Corporation and Chairman of Tamil Nadu Tea Plantation Corporation. He is holding expertise in regulatory mechanisms such as labour and factory laws, revenue rules and provisions regarding land acquisition and land little transfer, compensation fixation and arbitration, rehabilitation of the affected, with a sound knowledge of commercial tax viz: VAT administration and adjudication, environmental laws and rulings.  Mr. Sarangi has been an Independent Director in several Companies viz. Tamil Nadu Petroproducts Limited, Voltas Limited etc.


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Sanjeev Garg, Non-Executive Director 

Mr. Sanjeev Garg is a qualified Chartered Accountant and holds rich experience of over 16 years in the field of corporate finance and is currently Senior Vice President of One97 Communications Limited (Paytm). His experience spans across various business areas including the payments business and the e-commerce business. His functional experience areas include corporate finance, financial control, fund raising, IPO etc.