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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 4:33 PM Thane
    Listed By Business Owner / Director
    Status Active
    Overall Rating
    8.1 / 10
    Compare with industry
    Seeking Investment
    USD 20 thousand for 50.0% stake (Native Currency: INR 1,500,000)
    Reason: To expand operations pan India.
    Includes physical assets worth USD 34 thousand
    Interested to connect with advisors
    Name, Phone, Email
    Available after connect
    Business Name
    Available after connect
    User Verification
    Documents
    Registration Certificate
    Registration Certificate (340.7 KB)
    Company Sign Board
    Company Sign Board (84.7 KB)
    IRDA Certificate
    IRDA Certificate (84.0 KB)
    PAN Card
    PAN Card (3.3 MB)
    ROC-Verification.pdf
    ROC-Verification.pdf (60.1 KB)
    Business Overview

    - Our company focuses on promoting and selling life and health insurance products of different providers.

    - We are IRDA certified firm and have 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 Bupa and other Insurance companies to promote and sell their products.

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

    - We have prepared one special life & health insurance plan (life & health combo) through our associated insurance companies. We are hopeful to do INR 50 Cr 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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