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Property & Casualty Insurance Company Investment Opportunity in Chennai, India

IRDA Licensed surveyors & loss adjuster for general insurance, having tie-ups with 16 insurance companies.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 180 thousand
Run Rate Sales USD 700 thousand
EBITDA Margin 10 - 20 %
Industries Auto Insurance + 1 more
Locations  Chennai
Local Time 3:12 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
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... View More
Includes physical assets worth USD 10 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.
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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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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