Applykaroo

Bhopal, India Founded: 2015 • Age: 11 yrs
Operates a digital hub for life and non-life insurance, as well as loans.

About Applykaroo

Applykaroo was a Financial Services company based in Bhopal (India) founded in 2015. It operates a digital hub for life and non-life insurance, as well as loans. It operates on a B2C model. The company is recorded as dissolved. Its focus areas include Insurance, Digital Insurance and Loan Services. Similar companies include Policybazaar, InsuranceDekho and BankBazaar; 2 of its 3 listed similar companies have raised funding.

Company details

Applykaroo operates a digital hub for life and non-life insurance, as well as loans, focusing on offering financial products and advice, offering insurance products, digital insurance, and loan services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

Board of directors of Applykaroo

The boards of the 2 registered companies of Applykaroo currently have 5 directors; the longest-serving is Kumari Priya, appointed in 2020. 9 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Kumari Priya
DIN 08014230
Director21 Feb 20206 yrs 8 moUplabdh Remedies Private Limited
Amitesh Kumar Sinha
DIN 07984320
Director21 Feb 20206 yrs 8 moUplabdh Remedies Private Limited
Ashutosh Giri Goswami
DIN 07535261
Director20 Jul 20233 yrs 3 moUplabdh Nidhi Limited
Priyanka Goswami
DIN 07535295
Director20 Jul 20233 yrs 3 moUplabdh Nidhi Limited
Aashish Saxena
DIN 09578240
Director20 Jul 20233 yrs 3 moUplabdh Nidhi Limited

Financials of Applykaroo

Figures of Uplabdh Nidhi Limited, the primary company behind Applykaroo, for FY 2025. Revenue was ₹54 Lakh (+12% year on year). Net profit was ₹1.1 Lakh (2% margin). EBITDA was ₹13.5 Lakh (25% margin). Revenue has grown at a compounded annual rate of +40% over three years and +39% over five years.

  • ₹54 LakhRevenue · FY 2025 · +12% YoY
  • ₹1.1 LakhNet profit · 2% margin
  • ₹13.5 LakhEBITDA · 25% margin
  • ₹11 LakhPaid-up capital
  • +40%Revenue CAGR, 3 years
  • +39%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Uplabdh Nidhi Limited are on its company page.

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Detailed financial statements for Applykaroo

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Similar companies to Applykaroo

Applykaroo has 3 listed similar companies in our database, 2 of them funded. They include Policybazaar, InsuranceDekho and BankBazaar.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
policybazaar.com2008Gurugram, India24,206
Insurance plans are compared and purchased via an online marketplace.
insurancedekho.com2016Gurugram, India$394.5M2,077
Online insurance policies are compared and purchased through the platform.
bankbazaar.com2008Chennai, India$132.09M795
Financial products, loans, and credit scores are aggregated and compared.
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Detailed similar companies of Applykaroo

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Top companies in Insurance Technology & Support Services

2 companies that operate in the same segment as Applykaroo (Insurance Technology & Support Services) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Insurance products for vehicles, health, travel, and life are offered.
2016Bengaluru, Karnataka, IndiaUSD 746.17 MUSD 216.04 M1,306
API-enabled insurance distribution platform is provided for B2C companies.
2011Noida, Uttar Pradesh, IndiaUSD 120.6 MUSD 42.44 M408
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Frequently Asked Questions about Applykaroo

Applykaroo was founded in 2015.

Applykaroo is headquartered in Bhopal, India. It is registered at Bhopal, Madhya Pradesh, India.

Applykaroo operates a digital hub for life and non-life insurance, as well as loans, focusing on offering financial products and advice, offering insurance products, digital insurance, and loan services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

Applykaroo's top competitors include Policybazaar, BankBazaar and InsuranceDekho.

Applykaroo is associated with 2 legal entities: Uplabdh Remedies Private Limited, Uplabdh Nidhi Limited.

The legal entities of Applykaroo currently have 5 directors, including Kumari Priya, Amitesh Kumar Sinha, Ashutosh Giri Goswami and others.

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