About Bima Mandi
Bima Mandi is a company based in Mumbai (India) founded in 2020 by Rajendra Sawant, Chirag Jain, and Sunil Devdas. Bima Mandi has raised $896.19 thousand across 1 funding round from investors including Arkfin Investments, Ahmednagar Ventures and Ceramet Consultants. The company has 1 employees as of April 08, 2024. Bima Mandi operates in a competitive market with competitors including Policybazaar, InsuranceDekho, PB Fintech, Turtlemint and Finhaat, among others.
- Headquarter Mumbai, India
- Employees 1 as on 08 Apr, 2024
- Founders Rajendra Sawant, Chirag Jain, Sunil Devdas
- Stage Minicorn
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Sectors
Financial Services
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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 Turanth Suraksha Insurance Web Aggregator Private Limited
- Date of Incorporation 21 Apr, 2020
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$168.07 K (USD)136.56as on Mar 31, 2023
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Net Profit
$61.13 K (USD)229.67as on Mar 31, 2023
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EBITDA
$40.76 K (USD)134.44as on Mar 31, 2023
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Total Equity Funding
$896.19 K (USD)
in 1 rounds
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Latest Funding Round
$896.19 K (USD), Seed
Jun 26, 2020
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Investors
Arkfin Investments
& 82 more
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Employee Count
1
as on Apr 08, 2024
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Funding Insights of Bima Mandi
Bima Mandi has successfully raised a total of $896.19K through 1 strategic funding round. The most recent funding activity was a Seed round of $896.19 thousand completed in June 2020. 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 Bima Mandi
Bima Mandi has secured backing from 83 investors, including institutional and angel investors. Prominent investors backing the company include Arkfin Investments, Ahmednagar Ventures and Ceramet Consultants.
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Nav Ratan Bhaiya |
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Investor details for Bima Mandi
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Investments & Acquisitions by Bima Mandi
Investment portfolio details for Bima Mandi
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Financial Statements - Bima Mandi
Detailed financials for Bima Mandi
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Bima Mandi Comparisons
Peer comparison for Bima Mandi
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Competitors of Bima Mandi
Bima Mandi 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 Policybazaar, InsuranceDekho, PB Fintech, Turtlemint and Finhaat, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Insurance plans are compared and purchased via an online marketplace.
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Online insurance policies are compared and purchased through the platform.
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Online platform for insurance and lending products is operated.
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Provider of platform for comparing and purchasing insurance, loans, and funds
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A B2B platform is provided for distributing financial products.
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Online platform for comparing and buying insurance policies is operated.
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Detailed competitors of Bima Mandi
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Latest news on Bima Mandi
Complete news archive for Bima Mandi
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Frequently Asked Questions about Bima Mandi
Bima Mandi was founded in 2020.
Bima Mandi is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Bima Mandi is a funded company, having raised a total of $896.19K across 1 funding round to date.
As of Apr 08, 2024, the latest employee count at Bima Mandi is 1.
Annual revenue of Bima Mandi is $168.07K as on Mar 31, 2023.
Bima Mandi was established in 2020 and is headquartered in Mumbai, India. Health insurance services are delivered through its online platform, targeting individuals and groups in the insurance sector. Coverage options for medical needs are offered across various plans. The company is led by co-founders Rajendra Sawant, Chirag Jain, and Sunil Devdas. Operations remain focused on the Indian market, with services tailored to local requirements.
Bima Mandi's top competitors include Policybazaar, InsuranceDekho and PB Fintech.
Bima Mandi has 83 investors. Key investors include Arkfin Investments, Ahmednagar Ventures, Ceramet Consultants, Aidanlabs, and Nav Ratan Bhaiya.
The valuation of Bima Mandi is $10.61M as of Jun 2020.