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Insurance Agency Investment Opportunity in Mumbai, India

Mid-size insurance broking company excellent team of professionals looking to scale up.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 3 million
Run Rate Sales USD 3 million
EBITDA Margin 20 %
Industries Insurance Agencies
Locations  Mumbai
Local Time 5:39 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 3 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... View More
Includes physical assets worth USD 800 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
None
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.

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
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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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