Health Insurance Company Equity Stake For Sale in Mumbai, India
Insurance agency/ broker or insurance marketing firm with a tele-calling sales strategy seeks expansion funding.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 88 thousand |
| Run Rate Sales | USD 264 thousand |
| EBITDA Margin | 15 % |
| Industries | Health Insurance |
| Locations | Mumbai |
| Local Time | 3:06 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
55 thousand
for
30.0%
stake
(Native Currency: INR 5,000,000)
Reason: We want to increase the tele-caller count. More tele-callers mean more business. We want to take an ...
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Business Overview
- Direct selling agent of health insurance policies.
- Only 3% of the Indian population is covered under health insurance. Insurance is a growing market in India. After Covid, there is awareness in the market and this is the perfect time to invest.
- Receive 40-45% commission on the policy's total annual premium.
- We get about a 15% commission on policy renewals. This is a recurring and lifetime revenue.
- Currently have a team of 12 telecallers.
- Business was started last year and in the few months of operations we achieved sales of INR 80 lakh.
- Only 3% of the Indian population is covered under health insurance. Insurance is a growing market in India. After Covid, there is awareness in the market and this is the perfect time to invest.
- Receive 40-45% commission on the policy's total annual premium.
- We get about a 15% commission on policy renewals. This is a recurring and lifetime revenue.
- Currently have a team of 12 telecallers.
- Business was started last year and in the few months of operations we achieved sales of INR 80 lakh.
Products & Services Overview
We sell all types of insurance but have a special focus on health insurance.
Assets Overview
Laptops, iPad, and other electronic devices are used but none of them are owned by us. All furniture and IT assets are leased. No physical assets are owned by this business.
Facilities Overview
We have a rented office with 17 sitings in the Northern suburb of Marol in Mumbai. The office has an area of 800 sq. ft. and it is a 2 mins walk from Marol Metro Station.
Capitalization Overview
Shareholding is within the family with a split of 70:30. We are seeking investment to grow our manpower and staff respectively and the business will also grow.
Recent Activity
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Earlier than 15 daysDirector, Wellness And Fitness Services, Pune, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysNational Head, Insurance Agency, Mumbai, Individual Investor / Buyer connected with the Business
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