About Ditto Insurance
Ditto Insurance is a company based in Bengaluru (India) founded in 2018 by Pawan Kumar Rai, Bhanu Harish Gurram, Shrehith Shesappa Karkera, and Lokesh Gurram. It operates as a Brokerage / Intermediation. Ditto Insurance has raised $541.07 thousand across 1 funding round from investors including Zerodha. Ditto Insurance offers products and services including Health Insurance and Term Life Insurance. Ditto Insurance operates in a competitive market with competitors including Policybazaar, InsuranceDekho, PB Fintech, Turtlemint and Finhaat, among others.
- Headquarter Bengaluru, India
- Founders Pawan Kumar Rai, Bhanu Harish Gurram, Shrehith Shesappa Karkera, Lokesh Gurram
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Tacterial Consulting Private Limited
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$541.07 K (USD)
in 1 rounds
-
Latest Funding Round
$541.07 K (USD), Seed
Jun 01, 2021
- Investors
-
Employee Count
Employee Count
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 Ditto Insurance
Ditto Insurance offers a comprehensive portfolio of products and services, including Health Insurance and Term Life 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.
Medical bills are covered during hospitalization for policyholders.
Financial support is provided to family upon policyholder's passing.
Funding Insights of Ditto Insurance
Ditto Insurance has successfully raised a total of $541.07K through 1 strategic funding round. The most recent funding activity was a Seed round of $541.07 thousand completed in June 2021. 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 1
- Last Round Seed — $541,070
-
First Round
First Round
(01 Jun 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Seed - Ditto Insurance | Valuation |
investors |
| 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 Ditto Insurance
Ditto Insurance has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Zerodha. 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 |
|---|---|---|---|---|
|
Equity investments, broking services, and trading platforms are offered.
|
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 Ditto Insurance
| 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 - Ditto Insurance
| 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 |
Ditto Insurance Comparisons
Competitors of Ditto Insurance
Ditto 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Insurance plans are compared and purchased via an online marketplace.
|
|
| domain | founded_year | HQ Location |
Online insurance policies are compared and purchased through the platform.
|
|
| domain | founded_year | HQ Location |
Online platform for insurance and lending products is operated.
|
|
| domain | founded_year | HQ Location |
Provider of platform for comparing and purchasing insurance, loans, and funds
|
|
| domain | founded_year | HQ Location |
A B2B platform is provided for distributing financial products.
|
|
| domain | founded_year | HQ Location |
Online platform for comparing and buying insurance policies is operated.
|
| 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.
|
Frequently Asked Questions about Ditto Insurance
When was Ditto Insurance founded?
Ditto Insurance was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Ditto Insurance located?
Ditto Insurance is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Ditto Insurance a funded company?
Ditto Insurance is a funded company, having raised a total of $541.07K across 1 funding round to date. The company's 1st funding round was a Seed of $541.07K, raised on Jun 01, 2021.
What does Ditto Insurance do?
Ditto Insurance is managed as a platform offering personalized insurance advice in India. Services are provided in the sectors of health and term life insurance. Solutions are delivered through expert guidance by IRDAI-certified advisors, end-to-end assistance in policy selection and application, and lifetime claim support. The platform is designed to help customers understand policies, compare options, and avoid common pitfalls during the insurance purchase journey.
Who are the top competitors of Ditto Insurance?
Ditto Insurance's top competitors include Policybazaar, InsuranceDekho and PB Fintech.
What products or services does Ditto Insurance offer?
Ditto Insurance offers Health Insurance and Term Life Insurance.
Who are Ditto Insurance's investors?
Ditto Insurance has 1 investor. Key investors include Zerodha.