Payment Services Company Investment Opportunity in Noida, India

- 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.

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.

The physical assets include 10 Laptops and 2 desktops. The intangible assets include the product IP.

Our office is around 1,200 sq ft with 10 seating space, 2 cabins. Rent of around INR 60,000 pm.