About Bima Milvik
Bima Milvik is a company based in London (United Kingdom) founded in 2010. It operates as a Subscription Services, and HealthTech. Bima Milvik has raised $208.8 million across 6 funding rounds from investors including Digicel Group, Axiata Group and LeapFrog Investments. Bima Milvik offers products and services including B-Care, Milvik Nari, and General Insurance. Bima Milvik operates in a competitive market with competitors including Mmilvikpakistan.com, SNACK by Income, DDFinance and Star Discover Micro, among others.
- Headquarter London, United Kingdom
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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 Milvik Bangladesh Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$208.8 M (USD)
in 6 rounds
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Latest Funding Round
$30 M (USD), Series D
Sep 07, 2020
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Investors
Digicel Group
& 6 more
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Employee Count
Employee Count
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Products & Services of Bima Milvik
Bima Milvik offers a comprehensive portfolio of products and services, including B-Care, Milvik Nari, and General Insurance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Comprehensive health solution with telemedicine, diagnostics, and insurance.
Technology-driven healthcare access solution tailored for women.
Offers coverage for health, life, and accident risks.
Funding Insights of Bima Milvik
Bima Milvik has successfully raised a total of $208.8M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $30 million completed in September 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.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series D — $30.0M
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First Round
First Round
(02 Apr 2014)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Series D - Bima Milvik | Valuation | CE Innovation Capital , Allianz X |
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| Dec, 2017 | Amount | Series D - Bima Milvik | Valuation | Allianz X |
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| Apr, 2017 | Amount | Series C - Bima Milvik | Valuation | Axiata Group |
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| 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 |
Investors in Bima Milvik
Bima Milvik has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Digicel Group, Axiata Group and LeapFrog Investments. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage startups are funded by this Beijing-based venture capital fund.
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Founded Year | Domain | Location | |
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Startups are funded via venture capital by Allianz-backed Allianz X.
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Founded Year | Domain | Location | |
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Private equity fund focused on banking, finance, healthcare, and multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bima Milvik
| 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 - Bima Milvik
| 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 |
Bima Milvik Comparisons
Competitors of Bima Milvik
Bima Milvik 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 Mmilvikpakistan.com, SNACK by Income, DDFinance and Star Discover Micro, 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 |
Life and health insurances are offered through an online platform.
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| domain | founded_year | HQ Location |
Micro-insurance quotes and claims are provided via app to individuals.
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| domain | founded_year | HQ Location |
Offers IPaaS and API integration for digital microinsurance services to institutions worldwide.
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| domain | founded_year | HQ Location |
Provider of micro insurance policies covering life, medical, accident, and work injuries
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Bima Milvik
Frequently Asked Questions about Bima Milvik
When was Bima Milvik founded?
Bima Milvik was founded in 2010 and raised its 1st funding round 4 years after it was founded.
Where is Bima Milvik located?
Bima Milvik is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Bima Milvik a funded company?
Bima Milvik is a funded company, having raised a total of $208.8M across 6 funding rounds to date. The company's 1st funding round was a Series C of $16.8M, raised on Apr 02, 2014.
What does Bima Milvik do?
Healthcare and insurance access are transformed by Bima Milvik through innovative technology and a proprietary ecosystem. Operations are conducted across six countries in Asia and Africa, with headquarters in Singapore. Affordable, high-quality solutions are provided, focusing on middle-income families. Digital health and insurance products, including telemedicine and comprehensive subscriptions, are offered. Support is ensured through digital and human channels for seamless user experience.
Who are the top competitors of Bima Milvik?
Bima Milvik's top competitors include SNACK by Income, Mmilvikpakistan.com and Star Discover Micro.
What products or services does Bima Milvik offer?
Bima Milvik offers B-Care, Milvik Nari, and General Insurance.
Who are Bima Milvik's investors?
Bima Milvik has 7 investors. Key investors include Digicel Group, Axiata Group, LeapFrog Investments, Millicom | Tigo, and Kinnevik.
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