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Insurance Agency Investment Opportunity in Mumbai, India

IRDA licensed insurance marketing business selling finance & insurance plans seek funds to upgrade technology.

Established 1-5 year(s)
Employees 50 - 100
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 140 thousand
Run Rate Sales USD 600 thousand
EBITDA Margin 15 %
Industries Insurance Agencies
Locations  Mumbai
Local Time 6:39 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 20 thousand for 40.0% stake (Native Currency: INR 1,500,000)
Reason: To expand operations pan India. We will sell a 40% stake for INR 15 lakh to an active investor who ... View More
Includes physical assets worth USD 34 thousand
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Business Overview

- We are an IRDA certified firm & one of the best FinTech Distribution Co. partnered with different insurance providers to sell their products.

- Promoters are in this business for the last 28 years and have been associated with many reputed businesses.

- Have partnered with ICICI Prudential, Max Life, HDFC Group, and other insurance companies to promote and sell their products.

- Provided insurance to more than 15,000+ customers. Most of our customers are from Maharashtra.

- Company offers mainly life, health, and general insurance as well as other BFSI products like education loans, mutual funds, and P2P Loans.

- We have prepared one special life & health insurance plan (life & health combo) through our associated insurance companies. We are hopeful to do INR 50 crore business for this financial year.

Products & Services Overview

Presently we are in the distribution of insurance (life, general & health) insurance, mutual fund, NPS & different loan products of banks, NBFC cos. through our 65+ locations.

Assets Overview

Furniture's - INR 5 lakhs, office interiors- INR 15 lakhs, computers & peripherals - INR 5 lakhs.

Facilities Overview

Rented offices, headquartered in Mumbai and sales partner offices at 65+ locations in India.

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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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