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Insurance Agency Investment Opportunity in Gurgaon, India

Invest in Gurgaon-based insurance web aggregator offering insurance solutions, tailored to meet unique needs.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 82 thousand
EBITDA Margin 12 %
Industries Insurance Agencies
Locations  Gurgaon
Local Time 6:52 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 113 thousand for 90.0% stake (Native Currency: INR 10,000,000)
Reason: The owners plan to exit the businesss, and keep a small share with them.
Includes physical assets worth USD 6.8 thousand
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Business Overview
The company is emerging as a prominent insurance provider channel. Our mission is to educate insurance buyers, earn their trust, and offer exceptional services. We simplify the complex world of insurance by assisting customers in purchasing directly from insurers. Our services are free for customers; we earn commissions through partnerships with leading insurance companies.
Since our launch in April, we have partnered with over 10 insurance companies, listing their products on our website to meet diverse customer needs. Currently, we are on track with an annual revenue run rate of INR 60 lakh.
- Revenue model:
Gross margin: currently 40%, with potential to reach up to 50%.
Net margin: currently 12-15%, with potential to reach up to 20%.
Break-even point:  we anticipate achieving operational break-even within 6-9 months.
Investment Required: USD 357,499.28 (INR 3 crore) to enhance marketing strategies and expand the operations team (sales and business) in Gurgaon. Our goal is to achieve INR 12 crore in annual revenue with a 22% EBITDA within 18 months of securing investment.
- Founding team:
* Promoter (1): brings over 6 years of experience in the insurance industry (formerly with Policy Bazaar and IND Money). With a Bachelor of Technology, is instrumental in building relationships with insurance companies and shaping our long-term strategies.
* Promoter (2) (founder & CTO):  has a Bachelor of Technology in Computer Science with over 8 years of IT experience, leads our technical team, ensuring innovative and effective solutions for our website and infrastructure.
* Promoter (3) (co-founder & COO):  has a post-graduate in mass communication with 10+ years in insurance (Ex Policy Bazaar employee) and client relations, oversees operational strategies and human resources, guiding our efforts towards long-term success.
Products & Services Overview
Health insurance, motor Insurance and term insurance products.
Customers in India with age group of 25-50 usually buy our products.
Assets Overview
We have a team of 14 telecall associates and 2 support staff; that's our manpower.
We have 20 desktops, 2 air conditioners, and basic office amenities as our assets (INR 6 lakh)
Facilities Overview
We have a rental setup of 200 square yards in a commercial building in Gurgaon, Haryana.
Capitalization Overview
We are a bootstrapping company with three partners. Our equity split is 85%, 10% & 5%.
Not taken any loans or funding as of now.
Recent Activity
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3 Investors contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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