De-risking
Bharat's
Progress
Bharat's
Progress
With elite insurance expertise powered by breakthrough technology. Surety Seven is set to be the face of Bharat reclaiming it’s eminence.
"Surety Bonds are a form of guarantee that a third party provides to the principal. They are used to protect against losses if the contract fails to meet the obligation."
Get Bonds Issued In Minutes
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55%
of Surety Bonds have been powered through our technology
1237
Crores value of risk assumed by Insurers and Re-insurers for Surety Bonds powered by us
93
lakh crores is the total value of guarantees required in India in the next 3 years
#1
India’s first Surety Tech Provider on a mission to set up India’s first Surety focused Insurance company.
Risk Management
Bank Guarantees
Surety Bonds
EASE OF QUALIFICATION
Primarily examine collateral quality & liquidity, less focus on contractor capability.
Assess contractor's capability & mitigate risk of default.
FINANCIAL IMPACT
Reduce lines of credit, appear as contingent liabilities.
Minimal impact on existing lines of credit & financial statements.
USAGE FLEXIBILITY
Generally standardised, with limited flexibility for customization.
Can be tailored to fit various project sizes and durations.
According to estimates, the Surety Bond Market in India is set to reach 93 Lakh Crores and we see ourselves at the forefront of this boom.
How Surety Seven is leading the Surety Bond Revolution
Feb 2022
Surety Bonds become Legal Tender
Aug 2022
The idea of Surety Seven is brought up by the founders
Dec 2022
Bajaj Allianz launched India's first surety bond insurance
Jan 2023
IRDAI relaxed rules to promote surety insurance business growth
Apr 2023
Surety Seven tech powers the first analysis for Surety Bonds
Aug 2023
India’s first surety(bid) bond powered by Surety Seven tech is issued
Sep 2023
India’s first surety bond powered by Surety Seven other than Ministry of Road transport and highways
Sep 2023
First surety bond powered by Surety Seven for the insurance arm of India’s largest bank
Nov 2023
NHAI accepted first insurance surety bond from SBI for TOT bid
Nov 2023
First surety bond with 90%+ Facultative support powered by Surety Seven
Feb 2024
First performance bond with 90%+ Facultative support powered by Surety Seven
Apr 2024
Surety Seven software gets recommendation from on the of the largest Re-insurers in India
About Us
Welcome to our digital haven, where innovation meets passion! We are a dedicated team driven by the belief that every idea deserves to be heard. Join us as we embark on a journey to transform imagination into reality, one bond at a time.
Pranjal Aneja
Chief Executive Officer
Uditt Lamba
Chief Technology Officer
Jai Sachdeva
Head Of Engineering
Blogs
Leveraging Indemnity Agreements for Enhanced Surety Bond Recovery: A Strategic Advantage for Indian Insurance Companies in a Challenging Legal Framework - Surety 007 - Promoting Surety Bonds through Technology
This white paper examines the current challenges faced by Indian insurance companies issuing surety bonds, particularly as they are classified as unsecured creditors under the Insolvency and Bankruptcy Code (IBC) 2016. This classification limits their recovery prospects in insolvency scenarios. To navigate these challenges, insurers increasingly rely on indemnity agreements with contractors (the indemnifiers) to […]
Power of Customs Bonds through India’s Surety Market: A Comprehensive Guide to replacing expensive Bank Guarantees - Surety 007 - Promoting Surety Bonds through Technology
Customs Bonds are crucial for businesses engaged in import and export, ensuring adherence to government regulations and securing financial obligations for customs duties. As India’s market adapts to the Insurance Regulatory and Development Authority of India’s (IRDAI) approval of surety bonds on February 2, 2022, Customs Bonds represent a transformative opportunity. In this article, we […]
Performance Bond in India - Know its Benefits and Working
Learn about performance bond in India. Understand their purpose, advantages, and how they help ensure safe business deals. performance bond construction
Importance and Benefits of Surety Bonds For NHIDCL
Understanding The Importance Of Surety Bonds For NHIDCL Projects in India With Surety Seven
Credit bottleneck of growth: Solution Surety Bonds | Surety 007
Discover how Surety Bonds are transforming India's infrastructure growth by unlocking credit and boosting liquidity
RBI draft guidelines on infrastructure financing | Surety 007
Explore RBI's draft guidelines on infrastructure financing. Discover hits, misses, and suggestions by Pranjal Aneja, CEO of Surety Seven
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and Chai 
in Delhi
and Chai in Delhi
