Insurance Foundation Of India

What Insurance Foundation Of India does

Insurance Foundation Of India (IFI) is a non-profit organization founded in 2009 and headquartered in New Delhi, India. Its stated mission is to promote awareness of insurance among the Indian masses through education and the publishing of books. The organization operates with a small team of 1-10 employees and is led by founder and CEO Suresh Kumar Sethi.

The entity's business model is mission-driven rather than commercial, with no disclosed products, services, pricing structures, donations, grants, or revenue streams documented in the available data. The organization does not appear to operate a functional web presence — its website (ifingo.org) renders only a verification/waiting page — and no customer, donor, beneficiary, or partner information is publicly available. No technology stack, AI capabilities, intellectual property, certifications, or operational footprint beyond the New Delhi headquarters is evidenced.

Given the absence of disclosed financial activity, headcount beyond the founder, or recent strategic milestones over the 16 years since founding, the organization's operational scale and impact cannot be assessed from the input. The data presents a founder-led, single-location non-profit whose specific contributions to insurance literacy in India since 2009 are unverified by the available sources.

Name

Insurance Foundation Of India

Website

https://ifingo.org

Company type

Private

Founded year

2009

Headcount range

1–10 employees

Short description

Insurance Foundation Of India is a New Delhi-based non-profit founded in 2009 by Suresh Kumar Sethi that promotes insurance awareness across India through education and book publishing, operating with a small 1-10 person team.

Ownership category

akta.pro rank

Product category

Insurance Education & Awareness

SIC

Miscellaneous Publishing (2741)

akta.pro primary industry

Insurance Literacy (Health, Auto, Home, Life) (EDAAAJAF)

akta.pro secondary industry

Insurance (EDAAAPAH)

Keywords

• Insurance awareness
• Insurance education
• Insurance publishing
• Financial literacy
• Insurance advocacy

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Core offering

Insurance Foundation Of India (IFI) promotes awareness of insurance in India among the masses through education and the publishing of books on insurance-related topics. The foundation's activities are centered on improving insurance literacy and understanding among Indian consumers.

Differentiator

Problem solved

Functional benefit

Products and services

• Insurance Awareness Programs Educational programs designed to promote insurance awareness and understanding among the Indian general public (masses), helping consumers learn about insurance products and their benefits.
• Insurance Books / Publications Books and publications on insurance topics published by the foundation to educate Indian readers and improve insurance literacy across the country.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Expansion highlights2 records

Emerging players

• Institute of Insurance and Risk Management (IIRM): Hyderabad-based institution focused on insurance education, training, and research. Comparable to IFI because it also targets insurance awareness and professional training in India, though IIRM operates more as a formal training institute than a publishing-focused non-profit.
• Centre for Financial Education: Non-profit focused on financial literacy across India including insurance topics. Comparable as a peer non-profit addressing insurance awareness, though CFE covers broader financial education themes.
• Consumer Unity & Trust Society (CUTS International): India-based consumer awareness and financial literacy non-profit. Adjacent peer because CUTS works on consumer education across financial services, which overlaps with insurance awareness, though broader in scope.
• National Insurance Academy: Pune-based institution dedicated to insurance training, education, and research. Similar in mission to IFI's insurance education focus, with a more established institutional structure and broader training programs.

Others

• National Book Trust, India: Government body publishing affordable educational books across topics in India. Comparable because IFI's publishing-driven awareness model overlaps with NBT's mass-market educational publishing mission, though NBT covers all subjects not just insurance.

Broad incumbents

• IRDAI Consumer Education Initiatives: The Insurance Regulatory and Development Authority of India runs consumer awareness campaigns on insurance products. While regulatory rather than non-profit, IRDAI's outreach directly overlaps with IFI's stated mission of promoting insurance awareness.
• General Insurance Council: Industry body for general insurers in India running consumer education campaigns. Overlaps with IFI's insurance awareness mission, particularly for non-life insurance literacy.
• Life Insurance Council: Industry body representing life insurers in India that conducts consumer education and awareness programs. Comparable because both organizations aim to drive insurance literacy, but the Council operates with industry funding at a much larger scale.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights4 records

Customer concentration

• LinkedInlinkedin.com/company/insurance-foundation-of-india

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Insurance Foundation Of India