About Centcart Insurance
Centcart Insurance is a company based in Hyderabad (India) founded in 2011 by Ajay Kumar Pandey was acquired by CASHe in July 2024.. Centcart Insurance offers products and services including Insurance Services. Centcart Insurance operates in a competitive market with competitors including Policybazaar, InsuranceDekho, PB Fintech, Turtlemint and Finhaat, among others.
- Headquarter Hyderabad, India
- Founders Ajay Kumar Pandey
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Sectors
Financial Services
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Phone
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Website
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Products & Services of Centcart Insurance
Centcart Insurance offers a comprehensive portfolio of products and services, including Insurance Services. 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.
Upcoming platform for insurance offerings and user sign-ups
Funding Insights of Centcart Insurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Centcart Insurance
Centcart Insurance has secured backing from 1 investor. Prominent investors backing the company include CASHe. 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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Online instant personal loans are provided to salaried professionals.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Centcart Insurance
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Centcart Insurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Centcart Insurance Comparisons
Competitors of Centcart Insurance
Centcart Insurance 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. 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 |
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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
Online platform for comparing and buying insurance policies is operated.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Centcart Insurance
Frequently Asked Questions about Centcart Insurance
When was Centcart Insurance founded?
Centcart Insurance was founded in 2011.
Where is Centcart Insurance located?
Centcart Insurance is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of Centcart Insurance?
Neel Chatterjee is the current CEO of Centcart Insurance.
What is the annual revenue of Centcart Insurance?
Annual revenue of Centcart Insurance is $70.64K as on Mar 31, 2021.
What does Centcart Insurance do?
Centcart Insurance was founded in 2011 in Hyderabad, India, as an online platform focused on insurance comparison for individuals. Quotes are provided for life, health, and COVID insurance policies. A wallet system is offered for managing insurance policies. AI tools are utilized to assess coverage adequacy and recommend adjustments to address potential gaps. Operations are centered in the Indian market.
Who are the top competitors of Centcart Insurance?
Centcart Insurance's top competitors include Policybazaar, InsuranceDekho and PB Fintech.
What products or services does Centcart Insurance offer?
Centcart Insurance offers Insurance Services.
Who are Centcart Insurance's investors?
Centcart Insurance has 1 investor. Key investors include CASHe.
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