About Aashar
Aashar was a Financial Services company based in Surat (India). It operates an online platform for comparing insurance options for individuals. It operates on a B2C model. Its Indian entity Aashar Capital Services Private Limited reported revenue of ₹2.05 Cr. The company is recorded as dissolved. Its focus areas include Insurance, Comparison Platforms and Online Tools. Similar companies include ACKO, Digit Insurance and Square Insurance Brokers; 3 of its 3 listed similar companies have raised funding.
Company details
Aashar operates with a B2C model, focusing on offering financial products and advice, offering insurance products, comparison platforms, and online tools. Operates an online platform for comparing insurance options for individuals. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Surat, India
- SectorsFinancial Services
- Website aashar.co.in
- Legal Name Aashar Capital Services Private Limited
- Date of Incorporation 26 Nov, 2009
- Jurisdiction Surat, Gujarat, India
- Annual Revenue₹2.05 Cr
FY 2025 · +12% YoY
- Net Profit₹1.19 Cr
FY 2025 · 58% margin
- EBITDA₹1.52 Cr
FY 2025 · 74% margin
Associated legal entities of Aashar
Aashar operates through Aashar Capital Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Aashar Capital Services Private Limited CIN U67120GJ2009PTC058718 | Active | 26 Nov 2009 | Surat, Gujarat | ₹2.1 Cr | 2 | View details |
Board of directors of Aashar Capital Services Private Limited (Aashar)
Aashar Capital Services Private Limited is the primary company behind Aashar. The board of Aashar Capital Services Private Limited currently have 2 directors; the longest-serving is Jigneshbhai Jasmatbhai Lakhani, appointed in 2009. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jigneshbhai Jasmatbhai Lakhani DIN 02746093 | Director | 26 Nov 2009 | 16 yrs 11 mo | Aashar Capital Services Private Limited |
| Minaxiben Lakhani DIN 08534880 | Director | 10 Aug 2019 | 7 yrs 3 mo | Aashar Capital Services Private Limited |
Financials of Aashar
Figures of Aashar Capital Services Private Limited, the primary company behind Aashar, for FY 2025. Revenue was ₹2.05 Cr (+12% year on year). Net profit was ₹1.19 Cr (58% margin). EBITDA was ₹1.52 Cr (74% margin). Revenue has grown at a compounded annual rate of +320% over three years and +54% over five years.
- ₹2.05 CrRevenue · FY 2025 · +12% YoY
- ₹1.19 CrNet profit · 58% margin
- ₹1.52 CrEBITDA · 74% margin
- ₹8 LakhPaid-up capital
- +320%Revenue CAGR, 3 years
- +54%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Aashar Capital Services Private Limited are on its company page.
Detailed financial statements for Aashar
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Similar companies to Aashar
Aashar has 3 listed similar companies in our database, 3 of them funded. They include ACKO, Digit Insurance and Square Insurance Brokers.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| acko.com | 2016 | Bengaluru, India | $746.17M | 1,261 | Insurance products for vehicles, health, travel, and life are offered. | |
| godigit.com | 2016 | Bengaluru, India | $462.45M | 5,936 | General and life insurance products are provided across multiple categories. | |
| squareinsurance.in | 2017 | Jaipur, India | $4M | 229 | Platform for insurance broking and policy comparison |
Detailed similar companies of Aashar
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Top companies in Insurance Providers
3 companies that operate in the same segment as Aashar (Insurance Providers) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
General and life insurance products are provided across multiple categories. | 2016 | Bengaluru, Karnataka, India | USD 462.45 M | USD 1.12 B | 4,589 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
Insurance plans are compared and purchased via an online marketplace. | 2008 | Gurugram, Haryana, India | USD 502.59 M | 31,422 |
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Frequently Asked Questions about Aashar
Aashar is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
The primary company behind Aashar, Aashar Capital Services Private Limited, reported revenue of ₹2.05 Cr for FY 2025, up 12% year on year.
Aashar operates with a B2C model, focusing on offering financial products and advice, offering insurance products, comparison platforms, and online tools. Operates an online platform for comparing insurance options for individuals. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Aashar's top competitors include Digit Insurance, ACKO and Square Insurance Brokers.
Aashar operates through Aashar Capital Services Private Limited.
The legal entities of Aashar currently have 2 directors, including Minaxiben Lakhani, Jigneshbhai Jasmatbhai Lakhani.