Co-founder & Managing Director & CEO, EarthRe of InRisk Labs, an insurtech & reinsurance company based in Ahmedabad.
Malay Kumar Poddar is Co-founder & Managing Director of InRisk Labs, an insurtech & reinsurance company based in Ahmedabad, founded in 2024. InRisk Labs's most recent disclosed round was a Series A of $27M in Aug 2026.
InRisk Labs builds parametric insurance products and risk intelligence infrastructure, integrating climate, geospatial, satellite, exposure and claims data to price and monitor cover that pays out automatically when verifiable indices such as rainfall, temperature or wind speed cross defined thresholds. Its subsidiary EarthRe Insurance IFSC Limited holds a reinsurance licence from the IFSCA at GIFT City.
Founded in Ahmedabad by Malay Kumar Poddar and Aavrit Singhal to build parametric insurance products for India's agriculture and weather-sensitive sectors.
Bessemer Venture Partners leads the seed round. The amount was not disclosed.
Subsidiary EarthRe Insurance IFSC Limited receives a reinsurance licence from the IFSCA, which the company says makes it the first incorporated reinsurer licensed at the International Financial Services Centre at GIFT City.
Malay Kumar Poddar is a Co-founder & Managing Director & CEO, EarthRe of InRisk Labs, an insurtech & reinsurance company based in Ahmedabad, founded in 2024.
InRisk Labs's founders and leadership on record at StartupFox are Malay Kumar Poddar, Aavrit Singhal and Siddesh Ramasubramanian.
InRisk Labs has raised $27M across 1 disclosed round on record. The latest was a Series A of $27M in Aug 2026, with Bessemer Venture Partners, Northpoint Capital.
InRisk Labs is headquartered in Ahmedabad, India.
StartupFox has published 1 story naming Malay Kumar Poddar; the most recent is “InRisk Labs Raises $27 Million Series A as EarthRe Wins Reinsurance Licence at GIFT City”.
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