Ramakrishna V, Chairman, IIRM Holdings India Ltd.
IIRM Holdings India Ltd has raised ₹150 crore through a combination of equity shares and fully convertible warrants at a price of ₹143.28 per security. The investment is being led by Carpediem Capital and Sanshi Fund - I.“The proceeds will be used to support business expansion, strategic acquisitions, capital expenditure and working capital requirements. The flagship company in the group, India Insure Risk Management and Insurance Broking Services Private Limited, is the first insurance broking company in the country to be licensed.Funds to support acquisitions and business growth“This investment endorses IIRM’s vision and growth trajectory. With Carpediem Capital and Sanshi Fund - I as partners, we are well positioned to accelerate expansion, pursue strategic acquisitions and strengthen our leadership in insurance and risk management,” Ramakrishna V, Chairman, IIRM Holdings India Ltd, said.Operations span multiple international marketsIIRM Holdings handled business volumes (GWP) in excess of ₹16 billion in 2025-26, through operating companies in India, Singapore, Sri Lanka, the Maldives and Kenya.IIRM Holdings India Ltd is a Hyderabad-based, BSE-listed holding company of a group of companies engaged in asset protection, risk advisory, employees’ wellbeing solutions and insurance distribution across India, Singapore, Sri Lanka, the Maldives, and Kenya.Published on August 1, 2026
