Varad Raizada — Co-Founder

I’ve always been someone who likes to build things from scratch and take responsibility early. From school to college, I’ve led teams, organised events, and taken initiative whenever something needed to be done, not because I had a title, but because I enjoyed figuring things out and making things work. That mindset slowly moved from events and leadership roles to ideas and execution. During my early experiments, I proposed and ran an internship program in RFS ( my first venture ), where I ended up mentoring and interning students of my own age, something that taught me more about leadership, systems, and accountability than any textbook ever could. Managing people, expectations, and outcomes at that stage gave me real exposure to how difficult and rewarding building something actually is. Over time, my focus shifted towards a problem I saw everywhere but rarely understood properly: insurance. I noticed how most young Indians and first-time earners either avoid insurance completely or buy the wrong products due to confusion, mis-selling, or lack of clarity. That gap is what led to the birth of BimaAI. I’m currently building BimaAI with a simple but ambitious vision which is to help people make confident, informed insurance decisions using clarity, logic, and AI-driven personalization instead of pressure and fear. The goal is not just to sell policies, but to change how insurance is perceived and experienced in India. At one point, I was also a UPSC aspirant, driven by the idea of creating impact at scale. While my path has changed, the intent hasn’t. Today, I’m choosing to work on impact through entrepreneurship, building systems that can create real, measurable change in people’s financial lives. I’m still learning, building, failing, and improving every day, but I’m deeply committed to this journey and the long-term vision behind BimaAI. If you care about fintech, insurance, AI, or building for India’s next generation, let’s connect at varadraizada610@gmail.com

Stackforce AI infers this person is a Fintech entrepreneur focused on insurance innovation.

Location: Dehradun, Uttarakhand, India

Experience: 1 yr 9 mos