About BerryBox Benefits
BerryBox Benefits is a company based in Bengaluru (India) founded in 2022 by Praveen Das and Sreekar Obulampalli. BerryBox Benefits has raised $662.26 thousand across 2 funding rounds from investors including Sultan Ali Nassur, Rohit Bhargava and Hiren Kailas Kamod. The company has 1 employees as of March 28, 2024. BerryBox Benefits offers products and services including Business Insurance Products. BerryBox Benefits operates in a competitive market with competitors including MetLife, Tata Capital, Kotak General Insurance, SMC Insurance and BankSaathi, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 28 Mar, 2024
- Founders Praveen Das, Sreekar Obulampalli
- Stage Minicorn
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Sectors
Financial ServicesHealthcare
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Email
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Phone
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Website
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Social
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- Legal Name Berrybox Benefits Private Limited
- Date of Incorporation 17 Dec, 2022
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$662.26 K (USD)
in 2 rounds
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Latest Funding Round
$154.17 K (USD), Angel Round
Nov 26, 2024
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Investors
& 9 more
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Employee Count
1
as on Mar 28, 2024
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Products & Services of BerryBox Benefits
BerryBox Benefits offers a comprehensive portfolio of products and services, including Business Insurance Products.
Simplifies creation, buying, and selling of business insurance.
People of BerryBox Benefits
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Leadership Team
2 people
Sales and Marketing
2 people
Founder Team
1 people
Human Resources and Administration
1 people
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Funding Insights of BerryBox Benefits
BerryBox Benefits has successfully raised a total of $662.26K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $154.17 thousand completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in BerryBox Benefits
BerryBox Benefits has secured backing from 10 investors, including angel investors. Prominent investors backing the company include Sultan Ali Nassur, Rohit Bhargava and Hiren Kailas Kamod.
| Investor | Description | Founded Year | Domain | Location |
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Sultan Ali Nassur |
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Rohit Bhargava |
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HK
Hiren Kailas Kamod |
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Investor details for BerryBox Benefits
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Investments & Acquisitions by BerryBox Benefits
Investment portfolio details for BerryBox Benefits
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Financial Statements - BerryBox Benefits
Detailed financials for BerryBox Benefits
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Berrybox Benefits Comparisons
Peer comparison for BerryBox Benefits
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Competitors of BerryBox Benefits
BerryBox Benefits 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 BankSaathi, among others.
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Internet-based life, health, auto, home, and pet insurance is offered.
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Diversified non-banking financial services are provided by Tata Capital.
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Provider of motor and health insurance products with instant online renewal and easy policy purchase process
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Serves as an online-first provider of life, health, and vehicle insurance services for individuals and families.
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An internet-first provider offering life and health insurance services.
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Detailed competitors of BerryBox Benefits
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Latest news on Berrybox Benefits
Complete news archive for BerryBox Benefits
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Frequently Asked Questions about BerryBox Benefits
BerryBox Benefits was founded in 2022 and raised its 1st funding round 1 year after it was founded.
BerryBox Benefits is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
BerryBox Benefits is a funded company, having raised a total of $662.26K across 2 funding rounds to date.
As of Mar 28, 2024, the latest employee count at BerryBox Benefits is 1.
Provider of a DIY insurance management portal for enterprises and individuals. The platform consolidates insurance management for enterprises, corporates, and MSMEs, enabling HRAdmins to manage employee benefits and non-employee insurances. Insurers, agents, and brokers can streamline operations and offer tech-enabled services. Individuals can manage their OPD, wellness plans, and personal insurance needs. The platform emphasizes enterprise-grade security, holding ISO 27001 and SOC 2 Type 2 certifications, and is HIPAA compliant for healthcare users in the US. It uses TLS and AES encryption, with role-based access controls.
BerryBox Benefits's top competitors include Tata Capital, MetLife and Kotak General Insurance.
BerryBox Benefits offers Business Insurance Products.
BerryBox Benefits has 10 investors. Key investors include Sultan Ali Nassur, Rohit Bhargava, Hiren Kailas Kamod, Tony Adam, and Natasha Dave Dsouza.
The valuation of BerryBox Benefits is $15.41M as of Jul 2023.