OneAssist pivots beyond smartphones as device sales cool, eyes 2027-28 IPO

Insuretech OneAssist is broadening from phone protection into used-car insurance, refurbished phone warranties and Amazon-led home/lifestyle cover. FY26 revenue hit ₹850 cr with ARR near ₹1,000 cr; new segments contribute 7-8% today, targeted to double to 14-15%.

— Filed Thu, 14 May, 2026, 22:07 IST · Source Mint · Companies · Updated

Insuretech OneAssist is diversifying from smartphone protection into used-car insurance, refurbished phone warranties, and Amazon-led home/lifestyle product insurance as smartphone sales slow. FY26 revenue hit ₹850 crore with ARR near ₹1,000 crore; tentative 2027-28 IPO.