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3347

Aavrit Singhal

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Aavrit Singhal
CEO & Co-Founder of
InRisk Labs (2024)
About

Aavrit Singhal is Co-Founder and Chief Product Officer at InRisk Labs, a pioneering insurtech building parametric insurance products for India's agriculture and weather-sensitive sectors.

Before founding

Aavrit holds an MBA in Strategy and Finance from the Indian Institute of Management, Lucknow, and has accumulated over a decade of experience in non-life insurance marketing and product management.

Founder Insights

Prior to InRisk Labs, Aavrit gained deep domain expertise through roles at the Agriculture Insurance Company of India (AIC), UNDP, and Vidal Healthcare, spanning insurance, international development, and health sectors.

Experience

At InRisk Labs, Aavrit co-leads a founding team that collectively managed $1.7 billion in premiums at AIC, representing roughly 50% of India's agroclimatic insurance market, and secured Seed funding from Bessemer Venture Partners in January 2025.

Scale & Impact

InRisk Labs delivers parametric insurance solutions that automatically trigger payouts based on verifiable indices like rainfall, temperature, and soil moisture, eliminating delays in traditional claims processes and advancing climate risk protection across India.

3347

Aavrit Singhal

InRisk Labs
Co-Founder
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Aavrit Singhal

Company(s)

InRisk Labs

Industry

Fintech

Year Founded

2024

Stage/Funding

Seed

Company Location

in

Connect

About

Aavrit Singhal is Co-Founder and Chief Product Officer at InRisk Labs, a pioneering insurtech building parametric insurance products for India's agriculture and weather-sensitive sectors.

Before founding

Aavrit holds an MBA in Strategy and Finance from the Indian Institute of Management, Lucknow, and has accumulated over a decade of experience in non-life insurance marketing and product management.

Founder Insights

Prior to InRisk Labs, Aavrit gained deep domain expertise through roles at the Agriculture Insurance Company of India (AIC), UNDP, and Vidal Healthcare, spanning insurance, international development, and health sectors.

Experience

At InRisk Labs, Aavrit co-leads a founding team that collectively managed $1.7 billion in premiums at AIC, representing roughly 50% of India's agroclimatic insurance market, and secured Seed funding from Bessemer Venture Partners in January 2025.

Scale & Impact

InRisk Labs delivers parametric insurance solutions that automatically trigger payouts based on verifiable indices like rainfall, temperature, and soil moisture, eliminating delays in traditional claims processes and advancing climate risk protection across India.

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