Property & Casualty Insurance Company Investment Opportunity in Chennai, India
IRDA Licensed surveyors & loss adjuster for general insurance, having tie-ups with 16 insurance companies.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 180 thousand |
| Run Rate Sales | USD 720 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Auto Insurance + 1 more |
| Locations | Chennai |
| Local Time | 4:25 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Partial Stake Sale
USD
1.2 million
for
10.0%
stake
(Native Currency: INR 100,000,000)
Reason: - Open branches across 6 cities in North & South India.
- Invest in marketing & promotion of our br...
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Includes physical assets worth
USD
9.6 million
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Business Overview
An IRDA-licensed company providing survey & loss assessment services for general insurance claims. We have tie-ups with 16 insurance companies and have conducted 15,000+ survey & loss assessments within a short span of 3 Years.
This industry is a high-potential market with only 8% penetration and limited competitors. The key management team has over 350 years of combined experience both in India & abroad and has held key positions in MNCs. Key Personnel have already invested over INR 3.5 crore of funds in the business.
The company was registered 5 years ago and licensed to operate for 4 years.
The company is now in the growth stage and planning for a PAN India Expansion and to adopt the latest technology in Artificial Intelligence. Seeking expansion funds to open branches in 6 cities in North and South India. The company has a registered office in Chennai. Has been categorized as a mid-sized loss-adjusting firm and recognized by the industry.
Sales have increased as we adopted new technology recently.
This industry is a high-potential market with only 8% penetration and limited competitors. The key management team has over 350 years of combined experience both in India & abroad and has held key positions in MNCs. Key Personnel have already invested over INR 3.5 crore of funds in the business.
The company was registered 5 years ago and licensed to operate for 4 years.
The company is now in the growth stage and planning for a PAN India Expansion and to adopt the latest technology in Artificial Intelligence. Seeking expansion funds to open branches in 6 cities in North and South India. The company has a registered office in Chennai. Has been categorized as a mid-sized loss-adjusting firm and recognized by the industry.
Sales have increased as we adopted new technology recently.
Products & Services Overview
Motor claims loss assessing, property & commercial risk loss adjusting, marine cargo surveys, risk inspections, valuations, survey & loss assessing, risk survey, motor claims automation, desktop claims management.
Assets Overview
IRDA license and office automation, ai technology, data, technical expertise, and intellectual property.
Facilities Overview
Having about 2,500+ sq ft of office with excellent infrastructure in a leased building.
Capitalization Overview
- Business supported through own funds.- Stakeholders & directors hold key positions in the business having core expertise of over 30+ years.
Recent Activity
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Earlier than 15 daysOperation Senior Manager, Insurance, Indonesia, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Diagnostic Lab, Gurgaon, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysPresident, Insurance, Tampa, Corporate Investor / Buyer connected with the Business
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