Insurance Agency Investment Opportunity in Mumbai, India

Company providing insurance consultancy to clients is seeking investor to acquire license for Insurance Broking.

This transaction has concluded.

This Business is on a Premium Plan

Established	5-10 year(s)
Employees	2 - 5
Legal Entity	Private Limited Company
Reported Sales	Nil
Run Rate Sales	USD 70 thousand
EBITDA Margin	10 - 20 %
Industries	Insurance Agencies
Locations	Mumbai
Local Time	3:18 PM Asia / Kolkata
Listed By	Business Owner / Director
Status	Active

7 / 10

Compare with industry

Partial Stake Sale

USD 90 thousand for 20.0% stake (Native Currency: INR 7,500,000)

Reason: To acquire the IRDA broker license.

Includes physical assets worth USD 1.2 thousand

Business Overview

- We currently provide consultancy services to clients for choosing right kind of insurance.

- Have 55+ clients for our service.

- We are looking to raise investment to acquire Insurance Broking License from IRDA ( License Amount: Rs. 50 lakh )

- MSME clients: business will sell health and life insurance to the employees for these companies.

- Promoter is a retail banking professional with 16 years plus experience.

Products & Services Overview

All variants of Insurance.

Facilities Overview

Fully furnished rental office on the ground floor with 6-8 work stations.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
GM, IT And Services, Thane, Individual Investor / Buyer connected with the Business
Earlier than 15 days
Director, Financial Advisory, Mumbai, Corporate Investor / Buyer connected with the Business
Earlier than 15 days
MD, Transportation, Singapore, Individual Investor / Buyer connected with the Business

Tags:

Insurance Agency Investment Opportunity in Mumbai, India

Insurance Agency Investment Opportunity in Bombay

Invest in Insurance Agency in Mumbai, India

Insurance Agency Investment Opportunity

Investment Opportunity in Mumbai, India

Invest in Insurance Agency in Bombay

Investment Opportunity in Bombay

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