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Health Insurance Company Investment Opportunity in Mumbai, India

Insurance agency/ broker or insurance marketing firm with a tele-calling sales strategy seeks expansion funding.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 100 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 15 %
Industries Health Insurance
Locations  Mumbai
Local Time 8:37 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 60 thousand for 30.0% stake (Native Currency: INR 5,000,000)
Reason: We want to increase the tele-caller count. More tele-callers mean more business. We want to take an ... View More
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Business Overview

- Direct selling agent of health insurance policies.

- Only 3% of the Indian population is covered under health insurance. Insurance is a growing market in India. After Covid, there is awareness in the market and this is the perfect time to invest.

- Receive 40-45% commission on the policy's total annual premium.

- We get about a 15% commission on policy renewals. This is a recurring and lifetime revenue.

- Currently have a team of 12 telecallers.

- Business was started last year and in the few months of operations we achieved sales of INR 80 lakh.

Products & Services Overview

We sell all types of insurance but have a special focus on health insurance.

Assets Overview

Laptops, iPad, and other electronic devices are used but none of them are owned by us. All furniture and IT assets are leased. No physical assets are owned by this business.

Facilities Overview

We have a rented office with 17 sitings in the Northern suburb of Marol in Mumbai. The office has an area of 800 sq. ft. and it is a 2 mins walk from Marol Metro Station.

Capitalization Overview

Shareholding is within the family with a split of 70:30. We are seeking investment to grow our manpower and staff respectively and the business will also grow.

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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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