About BankSaathi
BankSaathi is a company based in Bengaluru (India) founded in 2020. It operates as a B2C. The company has 95 employees as of March 31, 2023. BankSaathi operates in a competitive market with competitors including MetLife, Tata Capital, Kotak General Insurance, SMC Insurance and BerryBox Benefits, among others.
- Headquarter Bengaluru, India
- Employees 95 as on 31 Mar, 2023
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Sectors
Financial Services
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Phone
*********
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Website
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- Legal Name Banksathi Technologies And Insurance Corporate Agency Private Limited
- Date of Incorporation 15 Jan, 2020
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$4.67 M (USD)206.7as on Mar 31, 2023
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Net Profit
$7.12 K (USD)-82.58as on Mar 31, 2023
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EBITDA
$52.96 K (USD)-1.78as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
95
as on Mar 31, 2023
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Funding Insights of BankSaathi
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by BankSaathi
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - BankSaathi
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Banksaathi Comparisons
Competitors of BankSaathi
BankSaathi operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MetLife, Tata Capital, Kotak General Insurance, SMC Insurance and BerryBox Benefits, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Internet-based life, health, auto, home, and pet insurance is offered.
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| domain | founded_year | HQ Location |
Diversified non-banking financial services are provided by Tata Capital.
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| domain | founded_year | HQ Location |
Provider of motor and health insurance products with instant online renewal and easy policy purchase process
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| domain | founded_year | HQ Location |
Serves as an online-first provider of life, health, and vehicle insurance services for individuals and families.
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| domain | founded_year | HQ Location |
DIY insurance management portal offered for enterprises and individuals.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about BankSaathi
When was BankSaathi founded?
BankSaathi was founded in 2020.
Where is BankSaathi located?
BankSaathi is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
How many employees does BankSaathi have?
As of Mar 31, 2023, the latest employee count at BankSaathi is 95.
What is the annual revenue of BankSaathi?
Annual revenue of BankSaathi is $4.67M as on Mar 31, 2023.
What does BankSaathi do?
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.
Who are the top competitors of BankSaathi?
BankSaathi's top competitors include Tata Capital, MetLife and Kotak General Insurance.