Bismart

Nairobi, Kenya Founded: 2017 • Age: 9 yrs
Insurance brokerage is facilitated online through an internet-first platform.
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About Bismart

Bismart is a company based in Nairobi (Kenya) founded in 2017 by Eunice Maina.. Bismart operates in a competitive market with competitors including mTek Insurance Services, Pesabazzar, MyInsure, InsureAfrika and Denkim Insurance, among others.

  • Headquarter Nairobi, Kenya
  • Founders Eunice Maina
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Funding Insights of Bismart

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2018 Amount Seed - Bismart Valuation GreenTec Capital Partners
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 Bismart

Bismart has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include GreenTec Capital Partners. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Investment and operational support services for African entrepreneurship and ecosystems.
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 Bismart

Investments
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 - Bismart

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Bismart Comparisons

Employees
+
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Competitors of Bismart

Bismart 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 mTek Insurance Services, Pesabazzar, MyInsure, InsureAfrika and Denkim 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
App based insurance solution
domain founded_year HQ Location
Insurance products from various carriers are compared online by Pesabazzar.
domain founded_year HQ Location
Operates an online insurance comparison platform for consumers.
domain founded_year HQ Location
Serves as a free online platform for insurance quotes.
domain founded_year HQ Location
An online platform for comparing and selecting insurance options.
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 Bismart

Frequently Asked Questions about Bismart

When was Bismart founded?

Bismart was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is Bismart located?

Bismart is headquartered in Nairobi, Kenya.

Who is the current CEO of Bismart?

Eunice Maina is the current CEO of Bismart. They have also founded this company.

What does Bismart do?

Bismart was established in 2017 as an internet-first insurance broker based in Nairobi, Kenya. Operations are centered on providing digital access to insurance services, connecting clients with policies from various providers. The platform enables streamlined quoting, comparison, and purchase processes for personal and business coverage. Leadership is provided by founder and CEO Eunice Maina, with focus on the Kenyan market.

Who are the top competitors of Bismart?

Bismart's top competitors include mTek Insurance Services, Pesabazzar and MyInsure.

Who are Bismart's investors?

Bismart has 1 investor. Key investors include GreenTec Capital Partners.

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