IRDAI Insurance Sandbox
Insurance-only sandbox. Test new insurance products and intermediation models.
Quick facts
- Ministry / Agency
- IRDAI
- Funding
- No funding
- Stage
- mvp, early-revenue
- Sector
- fintech
- Equity dilution
- Not applicable
- DPIIT recognition required
- No
- NRI / OCI eligibility
- Yes — NRI and OCI founders are eligible to apply.
Who is eligible
Insurers and intermediaries within net-worth criteria
How to apply
IRDAI Sandbox is administered by IRDAI. Applications are submitted through the official portal — there are no application fees and you do not need to go through third-party intermediaries.
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Frequently asked questions
Who is eligible for IRDAI Sandbox?+
Insurers and intermediaries within net-worth criteria
What is the funding amount under IRDAI Sandbox?+
No funding. No funding
Can NRI or OCI founders apply for IRDAI Sandbox?+
Yes — NRI and OCI founders are eligible to apply.
Does IRDAI Sandbox require DPIIT recognition?+
No — DPIIT recognition is not required for IRDAI Sandbox.
How do I apply for IRDAI Sandbox?+
Apply through the official portal at irdai.gov.in. The scheme is administered by IRDAI.
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