Insurance Agency Investment Opportunity in Mumbai, India
Mid-size insurance broking company excellent team of professionals looking to scale up.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 2.96 million |
| Run Rate Sales | USD 2.84 million |
| EBITDA Margin | 20 % |
| Industries | Insurance Agencies |
| Locations | Mumbai |
| Local Time | 3:20 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
2.96 million
for
20.0%
stake
(Native Currency: INR 250,000,000)
Reason: Seeking growth capital. The INR 25 crore of funds will be raised in three tranches, and there will b...
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Includes physical assets worth
USD
770 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
document-a3a52
(640.9 KB)
ROC-Verification.pdf
(74.1 KB)
Business Overview
- B2B insurance broking company.
- We have about 300+ SME and mid-corporate clients, now developing new products and technology around opportunities in the market.
- We are a team of about 70 people with a presence across 5 locations in India.
- Our corporate sales team constantly works to onboard clients.
- IRDAI licensed insurance brokers.
- We earn revenue through commission on the sale of insurance to businesses.
- The company has two shareholders and each of them has a 50% stake.
- Pending office property loan of INR 2.75 crore.
- Our sales have not reduced, we see an increase in sales in the months of July, August, and September.
- We have about 300+ SME and mid-corporate clients, now developing new products and technology around opportunities in the market.
- We are a team of about 70 people with a presence across 5 locations in India.
- Our corporate sales team constantly works to onboard clients.
- IRDAI licensed insurance brokers.
- We earn revenue through commission on the sale of insurance to businesses.
- The company has two shareholders and each of them has a 50% stake.
- Pending office property loan of INR 2.75 crore.
- Our sales have not reduced, we see an increase in sales in the months of July, August, and September.
Products & Services Overview
Insurance broking, reinsurance broking, risk management, and claims consultancy.
Assets Overview
The physical assets include the owned office space about 2,000 sq. ft. valued at INR 6 crore; office equipment and furniture are worth around INR 50 lakh.
Facilities Overview
Owned office space of about 2,000 sq. ft. in the Central Business District of Mumbai.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Professional Services, New Delhi, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Import/Export, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysMarketing Head, Manufacturing, Delhi, Corporate Investor / Buyer connected with the Business
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