About BankSaathi
BankSaathi is a Financial Services company based in Bengaluru (India) founded in 2020. An internet-first provider offering life and health insurance services. It operates on a B2C model. The company has 95 employees. Its Indian entity Banksathi Technologies And Insurance Corporate Agency Private Limited reported revenue of ₹23.33 Cr. Its focus areas include Insurance, Life and Health Insurance and Online Services. Its competitors include Tata Capital, Kotak General Insurance and SMC Insurance.
Company details
BankSaathi an internet-first provider offering life and health insurance services through offering financial products and advice, offering insurance products, life and health insurance, and online services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
- Headquarters Bengaluru, India
- Employees 95
- SectorsFinancial Services
- Website banksaathi.com
- Legal Name Banksathi Technologies And Insurance Corporate Agency Private Limited
- Date of Incorporation 15 Jan, 2020
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹23.33 Cr
FY 2025 · -66% YoY
- Net Loss-₹2.56 Cr
FY 2025 · -11% margin
- EBITDA-₹2.15 Cr
FY 2025 · -9% margin
- Employee Count95
Associated legal entities of BankSaathi
BankSaathi operates through Banksathi Technologies And Insurance Corporate Agency 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 |
|---|---|---|---|---|---|---|---|
| Banksathi Technologies And Insurance Corporate Agency Private Limited CIN U65990DL2020PTC360355 | Active | 15 Jan 2020 | New Delhi, Delhi | ₹23.3 Cr | 95 | 2 | View details |
Board of directors of Banksathi Technologies And Insurance Corporate Agency Private Limited (BankSaathi)
Banksathi Technologies And Insurance Corporate Agency Private Limited is the primary company behind BankSaathi. The board of Banksathi Technologies And Insurance Corporate Agency Private Limited currently have 2 directors; the longest-serving is Jitendra Singh, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jitendra Singh DIN 07413503 | Director | 15 Jan 2020 | 6 yrs 9 mo | Banksathi Technologies And Insurance Corporate Agency Private Limited |
| Manju Kumari DIN 07532974 | Director | 15 Jan 2020 | 6 yrs 9 mo | Banksathi Technologies And Insurance Corporate Agency Private Limited |
Financials of BankSaathi
Figures of Banksathi Technologies And Insurance Corporate Agency Private Limited, the primary company behind BankSaathi, for FY 2025. Revenue was ₹23.33 Cr (-66% year on year). Net loss was -₹2.56 Cr (-11% margin). EBITDA was -₹2.15 Cr (-9% margin). Revenue has grown at a compounded annual rate of +23% over three years.
- ₹23.33 CrRevenue · FY 2025 · -66% YoY
- -₹2.56 CrNet loss · -11% margin
- -₹2.15 CrEBITDA · -9% margin
- ₹1.79 CrPaid-up capital
- 95Employees (provident fund records)
- +23%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Banksathi Technologies And Insurance Corporate Agency Private Limited are on its company page.
Detailed financial statements for BankSaathi
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Competitors of BankSaathi
BankSaathi has 3 listed competitors in our database. They include Tata Capital, Kotak General Insurance and SMC Insurance.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tatacapital.com | 2007 | Mumbai, India | 27,075 | Diversified non-banking financial services are provided by Tata Capital. | ||
| kotakgeneral.com | 2015 | Mumbai, India | 1,897 | Provider of motor and health insurance products with instant online renewal and easy policy purchase process | ||
| smcinsurance.com | 1990 | Delhi, India | 472 | Serves as an online-first provider of life, health, and vehicle insurance services for individuals and families. |
Detailed competitors of BankSaathi
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Top companies in Health Insurance Providers
3 companies that operate in the same segment as BankSaathi (Health Insurance Providers) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Offers insurance for health, vehicles, travel, life, and commercial needs. | 2001 | Pune, Maharashtra, India | 8,624 | |||
Operates as a health and general insurance provider. | 2012 | Mumbai, Maharashtra, India | 2,005 | |||
Provision of health and travel insurance services in India. | 2012 | Gurugram, Haryana, India | 14,959 |
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Related news about Banksaathi
Complete news archive for BankSaathi
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Frequently Asked Questions about BankSaathi
BankSaathi was founded in 2020.
BankSaathi is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
BankSaathi has 95 employees.
The primary company behind BankSaathi, Banksathi Technologies And Insurance Corporate Agency Private Limited, reported revenue of ₹23.33 Cr for FY 2025, down 66% year on year.
BankSaathi an internet-first provider offering life and health insurance services through offering financial products and advice, offering insurance products, life and health insurance, and online services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
BankSaathi's top competitors include Tata Capital, Kotak General Insurance and SMC Insurance.
BankSaathi operates through Banksathi Technologies And Insurance Corporate Agency Private Limited.
The legal entities of BankSaathi currently have 2 directors, including Jitendra Singh, Manju Kumari.