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Informative

BlackBuck Gets IRDAI Nod To Act As Insurance Corporate Agent

Update / Judgement Date

01 Aug 2025

Source

Inc42

Author

Team — WCP Legal Desk

Reading Time

1 min read

InsuranceStart-Up & DPIIT

Blackbuck, a B2B trucking marketplace, has received a nod from IRDAI (Insurance Regulatory and Development Authority of India) to act as an "insurance corporate agent." This new license will allow Blackbuck to sell a variety of insurance products, including commercial vehicle insurance and motor insurance, to its network of truckers and fleet owners. This strategic move is part of the company's plan to diversify its revenue streams and offer a broader suite of services to its users.