About ENSUREDIT
ENSUREDIT is a Financial Services company based in Bengaluru (India) founded in 2019 by Rohit Sadhu, Amit Boni, Rohit Kumar Rathi, and Vikas Ranga. Insurance technology solutions for digital distribution and analytics are provided. ENSUREDIT has raised $4.98 million across 5 funding rounds from investors including Cover Genius, Wellfound and Venture Catalysts. The company has 53 employees. ENSUREDIT was last valued at $15 million in February 2022. Its chief executive, as recorded, is Amit Boni. Its Indian entity Ensuredit Technologies Private Limited reported revenue of ₹22.63 Cr. ENSUREDIT offers products and services including Retail Insurance Platform, Embedded Insurance Solution, and Strategic Analytics Tool. Its focus areas include FinTech, Insurance IT, Corporate Functions and Sales & Marketing.
Company details
Provider of insurance technology solutions for digital distribution and analytics. It offers a platform integrating insurers and products, streamlining front, middle, and back-office operations for various distributors. The platform facilitates embedded insurance within diverse sectors like lending and wealth management. Additionally, it provides strategic analytics, leveraging AIML for deep market insights, particularly within the automotive sector. The solution is cloud-native, API-driven, and customizable, enabling scalable and rapid deployment of insurance products.
- Headquarters Bengaluru, India
- Employees 53
- Founders Rohit Sadhu, Amit Boni, Rohit Kumar Rathi, Vikas Ranga
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website ensuredit.com
- Social LinkedIn
- Legal Name Ensuredit Technologies Private Limited
- Date of Incorporation 18 Mar, 2019
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹22.63 Cr
FY 2024 · +42% YoY
- Net Loss-₹3.51 Cr
FY 2024 · -16% margin
- EBITDA-₹3.73 Cr
FY 2024 · -16% margin
- Total Equity Funding$4.98M (USD)
in 5 rounds
- Latest Funding Round$4.2M (USD), Seed
Feb 2022
- InvestorsCover Genius
& 86 more
- Employee Count53
Associated legal entities of ENSUREDIT
ENSUREDIT operates through Ensuredit Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ensuredit Technologies Private Limited CIN U72900KA2019PTC122457 | Active | 18 Mar 2019 | Bangalore, Karnataka | ₹22.6 Cr | 53 | 2 | View details |
Products & Services of ENSUREDIT
ENSUREDIT offers a comprehensive portfolio of products and services, including Retail Insurance Platform, Embedded Insurance Solution, and Strategic Analytics Tool.
Platform for insurer integration and sales management.
API for embedding insurance in apps and ecosystems.
AI-driven analytics for automotive and market data insights.
Funding Insights of ENSUREDIT
ENSUREDIT has successfully raised a total of $4.98M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $4.2 million completed in February 2022. 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 $4.98M
- Total Rounds 5
- Last Round Seed — $4.2M
- Investors Count 87
All 5 funding rounds of ENSUREDIT 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 |
|---|---|---|---|---|---|
| Feb 2022 | $4.2M | Seed | $15M | Cover Genius | |
| Sep 2021 | $243,169 | Seed | $2.65M | CapitalPitch, Sat Industries | |
| Nov 2020 | $466,667 | Seed | $••••• | Venture Catalysts, 100Unicorns | |
| Jun 2020 | $74,038 | Seed | $••••• | Planetary Expeditions | |
| Jan 2020 | Seed | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2022 | $15M | •••••••• |
| Sep 2021 | $2.65M | •••••••• |
| Nov 2020 | $••••• | •••••••• |
| Jun 2020 | $••••• | •••••••• |
Full valuation and stage history of ENSUREDIT
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $15M (Feb 2022). 87 investors in total: 21 institutional and 66 angel.
Investors in ENSUREDIT
ENSUREDIT has secured backing from 87 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Cover Genius, Wellfound and Venture Catalysts.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Pre-seed and seed stage investments are targeted by CP Ventures. | cp.ventures | Sydney, Australia | ||
Investments are made in early-stage tech startups across sectors. | ipventures.in | Gurugram, India | ||
Early-stage startup ecosystem is supported by Venture Catalysts in India. | 2015 | venturecatalysts.in | Mumbai, India | |
Startup accelerator | 2016 | znationlab.com | Cupertino, United States | |
Investment and partnership services in finance and real estate sectors. | 1930 | igeindia.com | Mumbai, India | |
Venture capital firm focused on early-stage investments | Bengaluru, India | |||
A startup accelerator offering funding and support to early-stage companies. | 2020 | 100unicorns.in | Mumbai, India | |
Startups are supported in raising funds via a syndicate platform. | capitalpitch.com | Sydney, Australia | ||
Provider of a venture capital firm | axiomatic.co.in | Mumbai, India | ||
Venture capital fund investing in early-stage tech startups |
Investor details for ENSUREDIT
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 Ensuredit Technologies Private Limited (ENSUREDIT)
Ensuredit Technologies Private Limited is the primary company behind ENSUREDIT. The board of Ensuredit Technologies Private Limited currently have 2 directors; the longest-serving is Amit Boni, appointed in 2019. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Amit Boni DIN 08258633 | Director | 18 Mar 2019 | 7 yrs 7 mo | Ensuredit Technologies Private Limited |
| Rohit Sadhu DIN 08767497 | Director | 10 Jul 2020 | 6 yrs 4 mo | Ensuredit Technologies Private Limited |
People of ENSUREDIT
13 people are tracked at ENSUREDIT (6 in leadership, 7 in team); the tracked headcount is 53.
| Name | Role | Group |
|---|---|---|
| Co-Founder & COO | Leadership | |
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership | |
Vikas Ranga | Co-Founder | Leadership |
Niharika Kishore | Associate Director Of Sales | Leadership |
Paramjit Singh | Vice President Sales And Business Development | Leadership |
Asad Akbar | SVP - Business Development | Team |
Santosh Panigrahy | Assistant Manager (MIS & Data Analyst, Sales & BD) | Team |
Satish Kumar | Software Engineer | Team |
Chikka Prerna | Product Manager | Team |
Ruchi Sharma | Data Analyst | Team |
Chapala Shaik Jasmin | Software Engineer | Team |
NITHIN K | Senior Software Engineer | Team |
Complete people profiles for ENSUREDIT
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of ENSUREDIT
Figures of Ensuredit Technologies Private Limited, the primary company behind ENSUREDIT, for FY 2024. Revenue was ₹22.63 Cr (+42% year on year). Net loss was -₹3.51 Cr (-16% margin). EBITDA was -₹3.73 Cr (-16% margin). Revenue has grown at a compounded annual rate of +321% over three years.
- ₹22.63 CrRevenue · FY 2024 · +42% YoY
- -₹3.51 CrNet loss · -16% margin
- -₹3.73 CrEBITDA · -16% margin
- ₹12.3 LakhPaid-up capital
- 53Employees (provident fund records)
- +321%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Ensuredit Technologies Private Limited are on its company page.
Detailed financial statements for ENSUREDIT
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 ENSUREDIT
4 dated milestones of ENSUREDIT across 3 years, from founding to its latest funding, stage changes and deals.
- Founded ENSUREDIT is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $4.2M.
Web traffic of ENSUREDIT
The website of ENSUREDIT (ensuredit.com) receives about 1.8K visits a month.
- Monthly visits1.8K
▲ 106.2% vs previous month
Top companies in Insurance Technology & Support Services
2 companies that operate in the same segment as ENSUREDIT (Insurance Technology & Support Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
API-enabled insurance distribution platform is provided for B2C companies. | 2011 | Noida, Uttar Pradesh, India | USD 120.6 M | USD 42.44 M | 408 |
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 Ensuredit
Complete news archive for ENSUREDIT
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 ENSUREDIT
ENSUREDIT was founded in 2019 and raised its 1st funding round 1 year after it was founded.
ENSUREDIT is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Amit Boni is the CEO of ENSUREDIT, as recorded in our data. They have also founded this company.
ENSUREDIT is a funded company, having raised a total of $4.98M across 5 funding rounds to date.
ENSUREDIT has 53 employees.
The primary company behind ENSUREDIT, Ensuredit Technologies Private Limited, reported revenue of ₹22.63 Cr for FY 2024, up 42% year on year.
Provider of insurance technology solutions for digital distribution and analytics. It offers a platform integrating insurers and products, streamlining front, middle, and back-office operations for various distributors. The platform facilitates embedded insurance within diverse sectors like lending and wealth management. Additionally, it provides strategic analytics, leveraging AIML for deep market insights, particularly within the automotive sector. The solution is cloud-native, API-driven, and customizable, enabling scalable and rapid deployment of insurance products.
ENSUREDIT offers Retail Insurance Platform, Embedded Insurance Solution, and Strategic Analytics Tool.
ENSUREDIT has 87 investors. Key investors include Cover Genius, Wellfound, Venture Catalysts, Z Nation Lab, and Sat Industries.
The valuation of ENSUREDIT is $15M as of Feb 2022.
ENSUREDIT operates through Ensuredit Technologies Private Limited.
The legal entities of ENSUREDIT currently have 2 directors, including Rohit Sadhu, Amit Boni.