Press Release

Artivatic.AI opens new tech and innovation hub in Indore

Plans to acquire around 500 employees by the end of 2024
Artivatic.AI, a prominent player in AI-driven InsurTech and Healthtech, and a part of D2C Consulting Services Private Limited (which also owns RenewBuy), has opened its office in Indore. With a current capacity for around 250 seats, this office space will serve as Artivatic.AI’s tech and innovation hub, dedicated to advancing its tech stack. The office will spearhead research and development initiatives, focusing on emerging technologies like AI/ ML/ Gen AI, within the InsurTech space. And there will be a dedicated R&D team at the forefront.

The office has already acquired 100 employees and is aggressively looking at expanding the numbers to 250 in the next three months. Artivatic.AI plans to acquire around 500 employees by the end of this year. The acquisition will be across various roles and departments like IT/ technology, finance and HR, to begin with.

Speaking on the office launch, Balachander Sekhar, CEO, RenewBuy said, “Our InsurTech model is dedicated to bridging the insurance gap in Tier 2, 3 cities, and beyond, recognizing the challenges in awareness and accessibility in those cities. Similar to our approach in accessing the untapped insurance market, we aspire to tap into the talent pool in those cities too. Indore, with its rapidly advancing IT landscape, entrepreneurial spirit, skilled workforce, quality institutes, and robust infrastructure, stands as an ideal hub for Artivatic.AI’s new tech and innovation centre. We anticipate creating a rich talent pool of innovators, who will deliver cutting-edge insurance solutions and envision to expand this talent acquisition to other Tier 2, 3 locations in the future.”

Speaking on the occasion, Layak Singh, CEO Artivatic. AI said, “The new technology centre will support the digital transformation happening across the company and deliver greater options for our consumers. The centre will give us access to highly skilled tech and data specialists and help create substantial employment opportunities in the city. We are looking at hiring around 500 employees by the end of 2024. We are looking at an aggressive growth strategy, for over three years and plan to expand in other Tier 2,3 cities too.”

Artivatic.AI will be extending opportunities, not only to the skilled professionals, but also harness talent from the local institutes. The new hires will play a crucial role in accelerating Artivatic.AI’s AI/ ML strategies. Through these enhanced strategies, the company will aim at making insurance even more seamless for the insurance companies, and for consumers as an end result.

About Artivatic. AI is a leading InsurTech & Healthtech company, part of D2C Consulting Services Private Limited (which also owns RenewBuy). It leverages artificial intelligence and data-driven technology solutions to transform the insurance industry. With its cutting-edge platform, Artivatic.AI empowers insurers with intelligent automation, risk assessment capabilities, and fraud prevention measures. The company is dedicated to revolutionizing the insurance landscape and creating a secure and customer-centric ecosystem. Artivatic.AI focuses on building infrastructure for insurance & Healthtech, with more than 700+ APIs, 5+ platforms [AUSIS – AI Underwriting, ProdX – No CodeDynamic Rule Configurator, ASPIRE – Group Health Platform, ALFRED – AI Claims & Auto-adjudication Platform, and MiO- AI Sales, Lead Distribution and Onboarding Platform. works with 10+ Insurance companies in India & International markets processing over millions of policies, members and claims.