6.9 / 10
 Mumbai

Insurance agency/ broker or insurance marketing firm with a tele-calling sales strategy seeks expansion funding.

Key Business Facts
Yearly Sales USD 300 thousand
EBIDTA Margin 15 %
Industries Health Insurance
Locations  Mumbai
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.
Products & Services Overview
We sell all types of insurance but have a special focus on health insurance.
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.
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.
Partial Stake Sale
USD 60 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 ... View More
Interested to connect with advisors
In talks with 2 Investors
Contact Business