About Bima Milvik
Bima Milvik is a Financial Services company based in London (United Kingdom) founded in 2010. Mobile-based insurance and health services are delivered through a platform. It operates on a Subscription Services and HealthTech model. Bima Milvik has raised $208.8 million across 6 funding rounds from investors including Digicel Group, Axiata Group and LeapFrog Investments. Its Indian entity Milvik Technology Services India Private Limited reported revenue of ₹8.11 Cr. Bima Milvik offers products and services including B-Care, Milvik Nari, and General Insurance. Its focus areas include Healthcare, Digital Health and Telemedicine and Insurance.
Company details
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.
- Headquarters London, United Kingdom
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website bimamobile.com
- Social LinkedIn X YouTube
- Legal Name Milvik Bangladesh Limited
- Date of Incorporation 24 Mar, 2016
- Indian entity revenue₹8.11 Cr
FY 2025 · -35% YoY
- Indian entity net profit₹50.3 Lakh
FY 2025 · 6% margin
- Indian entity EBITDA₹74.1 Lakh
FY 2025 · 9% margin
- Total Equity Funding$208.8M (USD)
in 6 rounds
- Latest Funding Round$30M (USD), Series D
Sep 2020
- InvestorsDigicel Group
& 6 more
Associated legal entities of Bima Milvik
Bima Milvik operates through Milvik Technology Services India 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 |
|---|---|---|---|---|---|---|---|
| Milvik Technology Services India Private Limited CIN U72200KA2016FTC087248 | Active | 24 Mar 2016 | Bangalore, Karnataka | ₹8.1 Cr | 48 | 2 | View details |
Products & Services of Bima Milvik
Bima Milvik offers a comprehensive portfolio of products and services, including B-Care, Milvik Nari, and General Insurance.
Comprehensive health solution with telemedicine, diagnostics, and insurance.
Technology-driven healthcare access solution tailored for women.
Offers coverage for health, life, and accident risks.
Apps and channels of Bima Milvik
its YouTube channel BIMA MILVIK has 1.24K subscribers and 30 videos.
Videos from Bima Milvik
The most watched videos on Bima Milvik's YouTube channel, BIMA MILVIK (1.24K subscribers). Click a video to play it here.
More on BIMA MILVIK.
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 $208.8M
- Total Rounds 6
- Last Round Series D — $30M
- First Round $22M
(Apr 2014)
- Investors Count 7
All 6 funding rounds of Bima Milvik with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2020 | $30M | Series D | – | CE Innovation Capital, Allianz X | – |
| Dec 2017 | $96.6M | Series D | – | Allianz X | – |
| Apr 2017 | $16.8M | Series C | – | Axiata Group | – |
| Jul 2015 | $38.4M | Series C | – | LeapFrog Investments, Millicom | – |
| Dec 2014 | $5M | Series B | – | Digicel Group | – |
| Apr 2014 | $22M | Series B | – | LeapFrog Investments, Millicom | – |
7 investors in total: 7 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are funded by this Beijing-based venture capital fund. | ceinnovationcap.com | Beijing, China | ||
Startups are funded via venture capital by Allianz-backed Allianz X. | allianzx.com | Munich, Germany | ||
Private equity fund focused on banking, finance, healthcare, and multiple sectors | 2007 | leapfroginvest.com | Johannesburg, South Africa | |
Venture capital investments are directed toward multiple sectors by Kinnevik. | 1936 | kinnevik.com | Stockholm, Sweden | |
Telecommunication services are provided by Axiata Group across Asia. | 1992 | axiata.com | Kuala Lumpur, Malaysia | |
Millicom | Tigo is engaged in providing mobile and digital services. | 1990 | millicom.com | London, United Kingdom | |
Telecommunication services are provided by Digicel Group. | 2001 | digicelgroup.com | Kingston, Jamaica |
Investor details for Bima Milvik
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Milvik Technology Services India Private Limited (Bima Milvik)
Milvik Technology Services India Private Limited is the primary company behind Bima Milvik. The board of Milvik Technology Services India Private Limited currently have 2 directors; the longest-serving is Per Gustaf Arne Agartson, appointed in 2020. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Per Gustaf Arne Agartson DIN 07805852 | Director | 17 Jan 2020 | 6 yrs 9 mo | Milvik Technology Services India Private Limited |
| Balaji Jayavelu DIN 07333409 | Director | 27 Mar 2020 | 6 yrs 7 mo | Milvik Technology Services India Private Limited |
Financials of Bima Milvik
Figures of Milvik Technology Services India Private Limited, the primary company behind Bima Milvik, for FY 2025. Revenue was ₹8.11 Cr (-35% year on year). Net profit was ₹50.3 Lakh (6% margin). EBITDA was ₹74.1 Lakh (9% margin). Revenue has grown at a compounded annual rate of -21% over three years and -9% over five years.
- ₹8.11 CrRevenue · FY 2025 · -35% YoY
- ₹50.3 LakhNet profit · 6% margin
- ₹74.1 LakhEBITDA · 9% margin
- ₹3.30 CrPaid-up capital
- 48Employees (provident fund records)
- -21%Revenue CAGR, 3 years
- -9%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Milvik Technology Services India Private Limited are on its company page.
Detailed financial statements for Bima Milvik
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Bima Milvik
3 dated milestones of Bima Milvik across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Bima Milvik is founded.
- Funding First funding round of $22.0M.
- Funding Latest funding round, Series D, of $30.0M.
Web traffic of Bima Milvik
The website of Bima Milvik (bimamobile.com) receives about 1.5K visits a month.
- Monthly visits1.5K
▲ 204.9% vs previous month
Websites whose visitors overlap most with Bima Milvik. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| microensure.com | 100% | View details | |||
kinnevik.se | kinnevik.se | 51% | – | ||
| venturescanner.com | 51% | 680.7K | View details | ||
techdesighn.com | techdesighn.com | 51% | – | ||
bima.co.uk | bima.co.uk | 36% | #2,252,678 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Bima Milvik
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Bima Milvik
Complete news archive for Bima Milvik
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Bima Milvik
Bima Milvik was founded in 2010 and raised its 1st funding round 4 years after it was founded.
Bima Milvik is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
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 B of $22M, raised on Apr 2014.
The primary company behind Bima Milvik, Milvik Technology Services India Private Limited, reported revenue of ₹8.11 Cr for FY 2025, down 35% year on year.
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.
Bima Milvik offers B-Care, Milvik Nari, and General Insurance.
Bima Milvik has 7 investors. Key investors include Digicel Group, Axiata Group, LeapFrog Investments, Millicom | Tigo, and Kinnevik.
Bima Milvik operates through Milvik Technology Services India Private Limited.
The legal entities of Bima Milvik currently have 2 directors, including Per Gustaf Arne Agartson, Balaji Jayavelu.