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
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
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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.

Recent Activity
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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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