Payment Services Company Investment Opportunity in Noida, India
Innovative InsurTech by IIT cofounders with Tata AIA, DHFL as initial customers is seeking investment.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 35 thousand |
| Run Rate Sales | USD 98 thousand |
| EBITDA Margin | Nil |
| Industries | Payment Services + 1 more |
| Locations | Noida |
| Local Time | 9:10 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
234 thousand
for
10.0%
stake
(Native Currency: INR 20,000,000)
Reason: As an early-stage startup, we are looking for funds for tech additions and scaling up the business. ...
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Includes physical assets worth
USD
3.5 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
Business Overview
- Business provides an InsurTech platform to connect Insurance brands with their policyholders, in order to enable them to retain and engage their customers.
- Have 2 companies on the platform, in touch with many Insurance players, adv level talks for onboarding.
- The companies are Tata AIA, DHFL Pramerica, and many Insurance brokers using.
- Platform has around 70,000 users for enhanced CX.
- Revenue is partially generated through commission charged on payments done through the platform and majorly by companies paying a fee to use the platform.
- Business is owned by 2 people with almost equal shares, cofounders IIT graduates.
- The business is debt-free.
- Business is registered in New Delhi but is headquartered in Noida.
- Have 2 companies on the platform, in touch with many Insurance players, adv level talks for onboarding.
- The companies are Tata AIA, DHFL Pramerica, and many Insurance brokers using.
- Platform has around 70,000 users for enhanced CX.
- Revenue is partially generated through commission charged on payments done through the platform and majorly by companies paying a fee to use the platform.
- Business is owned by 2 people with almost equal shares, cofounders IIT graduates.
- The business is debt-free.
- Business is registered in New Delhi but is headquartered in Noida.
Products & Services Overview
Mobile app which helps Insurance companies engage/retain their policyholders, enhance persistency and retention.The white-labelled version of the app is applicable for insurance brokerage houses for engaging their policyholders directly or enable their agents to engage policyholders.
Assets Overview
The physical assets include 10 Laptops and 2 desktops. The intangible assets include the product IP.
Facilities Overview
Our office is around 1,200 sq ft with 10 seating space, 2 cabins. Rent of around INR 60,000 pm.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysAssociate Director, Healthcare Services, Noida, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Healthcare, Delhi, Individual Investor / Buyer connected with the Business
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