About BimaKavach
BimaKavach is a company based in Indore (India) founded in 2021 by Tejas Jain.. BimaKavach has raised $2.98 million across 2 funding rounds from investors including Arali Ventures, WaterBridge Ventures and Blume Ventures. The company has 24 employees as of May 31, 2025. BimaKavach offers products and services including Business Insurance, Liability Insurance, and P&C Insurance. BimaKavach operates in a competitive market with competitors including Ambicaa Jewel Insurance, among others.
- Headquarter Indore, India
- Employees 24 as on 31 May, 2025
- Founders Tejas Jain
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
$298.75 K (USD)117as on Mar 31, 2024
-
Net Profit
$-633 K (USD)-243as on Mar 31, 2024
-
EBITDA
$-623.98 K (USD)-240as on Mar 31, 2024
-
Total Equity Funding
$2.98 M (USD)
in 2 rounds
-
Latest Funding Round
$981.99 K (USD), Seed
Aug 08, 2025
-
Investors
Arali Ventures
& 3 more
-
Employee Count
24
as on May 31, 2025
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
Products & Services of BimaKavach
BimaKavach offers a comprehensive portfolio of products and services, including Business Insurance, Liability Insurance, and P&C 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.
Platform for obtaining business insurance quotes and policies
Coverage for business-related liabilities and risks
Solutions for property and casualty insurance needs
Unlock access to complete
Unlock access to complete
Funding Insights of BimaKavach
BimaKavach has successfully raised a total of $2.98M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $981.99 thousand completed in August 2025. 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 2
- Last Round Seed — $981,991
-
First Round
First Round
(27 Aug 2022)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2025 | Amount | Seed - BimaKavach | Valuation | WaterBridge |
|
| Aug, 2022 | Amount | Seed - BimaKavach | Valuation | WaterBridge |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in BimaKavach
BimaKavach has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Arali Ventures, WaterBridge Ventures and Blume Ventures. 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 |
|---|---|---|---|---|
|
Early-stage tech investments are focused on by WaterBridge in India.
|
Founded Year | Domain | Location | |
|
Investment in B2B tech startups at pre-seed and seed stages across various sectors.
|
Founded Year | Domain | Location | |
|
Seed and early-stage investments are made across sectors in India.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by BimaKavach
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - BimaKavach
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bimakavach Comparisons
Competitors of BimaKavach
BimaKavach 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 Ambicaa Jewel Insurance, 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 |
Provides insurance policies for jewellers to cover stock and transit risks.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Bimakavach
Frequently Asked Questions about BimaKavach
When was BimaKavach founded?
BimaKavach was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is BimaKavach located?
BimaKavach is headquartered in Indore, India. It is registered at Indore, Madhya Pradesh, India.
Who is the current CEO of BimaKavach?
Tejas Jain is the current CEO of BimaKavach. They have also founded this company.
Is BimaKavach a funded company?
BimaKavach is a funded company, having raised a total of $2.98M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Aug 27, 2022.
How many employees does BimaKavach have?
As of May 31, 2025, the latest employee count at BimaKavach is 24.
What is the annual revenue of BimaKavach?
Annual revenue of BimaKavach is $298.75K as on Mar 31, 2024.
What does BimaKavach do?
BimaKavach was founded in 2021 in Indore, India, as an online platform focused on liability insurance within the insurtech sector. Coverage solutions are provided for startups and SMEs, with operations centered on real-time quotes, automated underwriting, and streamlined claims processing. The platform serves businesses seeking efficient insurance options in the Indian market.
Who are the top competitors of BimaKavach?
BimaKavach's top competitors include Ambicaa Jewel Insurance.
What products or services does BimaKavach offer?
BimaKavach offers Business Insurance, Liability Insurance, and P&C Insurance.
Who are BimaKavach's investors?
BimaKavach has 4 investors. Key investors include Arali Ventures, WaterBridge Ventures, Blume Ventures, and Eximius Ventures.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.