About GroupBima
GroupBima is a Financial Services company based in Bengaluru (India) founded in 2018. It operates an online platform for comparing health insurance options for individuals and small groups. It operates on a B2C model. Its focus areas include Insurance, Health Insurance and Comparison Platforms. Its competitors include Invest Guru and Fingoole.
Company details
GroupBima operates an online platform for comparing health insurance options for individuals and small groups, focusing on offering financial products and advice, offering insurance products, health insurance, and comparison platforms. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Bengaluru, India
- SectorsFinancial Services
- Website groupbima.com
- Social X Facebook
- Annual Revenue$17.76 K (USD)as on Mar 31, 2023
Associated legal entities of GroupBima
GroupBima is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Groupfit Ventures Private Limited CIN U74994DL2018PTC333365 | Active | 03 May 2018 | New Delhi, Delhi | ₹0.2 Cr | 2 | View details | |
| Groupfit Insurance Brokers Private Limited CIN U66000DL2018PTC331400 | Active | 22 Mar 2018 | Delhi, Delhi | ₹0.3 Cr | 3 | View details |
Board of directors of GroupBima
The boards of the 2 registered companies of GroupBima currently have 4 directors; the longest-serving is Ashwani Kumar, appointed in 2018. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ashwani Kumar DIN 08093165 | Director | 22 Mar 2018 | 8 yrs 7 mo | Groupfit Insurance Brokers Private Limited |
| Vikram Johar DIN 00366764 | Director | 19 Sep 2019 | 7 yrs 1 mo | Groupfit Ventures Private Limited |
| Pradeep Aich DIN 08709405 | Director | 20 May 2020 | 6 yrs 5 mo | Groupfit Insurance Brokers Private Limited |
| Sudipta Kumar Biswas DIN 06469076 | Director | 21 Aug 2024 | 2 yrs 2 mo | Groupfit Ventures Private Limited, Groupfit Insurance Brokers Private Limited |
Financials of GroupBima
Figures of Groupfit Ventures Private Limited, the primary company behind GroupBima, for FY 2025. Revenue was ₹24.6 Lakh (-2% year on year). Net loss was -₹1.1 Lakh (-4% margin). EBITDA was ₹16.7 Lakh (68% margin). Revenue has grown at a compounded annual rate of +127% over three years and -30% over five years.
- ₹24.6 LakhRevenue · FY 2025 · -2% YoY
- -₹1.1 LakhNet loss · -4% margin
- ₹16.7 LakhEBITDA · 68% margin
- ₹1.02 CrPaid-up capital
- +127%Revenue CAGR, 3 years
- -30%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Groupfit Ventures Private Limited are on its company page.
Detailed financial statements for GroupBima
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.
Competitors of GroupBima
GroupBima has 2 listed competitors in our database. They include Invest Guru and Fingoole.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| investguru.in | 2003 | Delhi, India | 18 | Runs a digital hub for comparing and selecting investment products. | ||
| fingoole.in | 2013 | Mumbai, India | Offers on-demand safety services and accident insurance solutions. |
Detailed competitors of GroupBima
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- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Health Insurance Providers
3 companies that operate in the same segment as GroupBima (Health Insurance Providers) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Offers insurance for health, vehicles, travel, life, and commercial needs. | 2001 | Pune, Maharashtra, India | 8,624 | |||
Operates as a health and general insurance provider. | 2012 | Mumbai, Maharashtra, India | 2,005 | |||
Provision of health and travel insurance services in India. | 2012 | Gurugram, Haryana, India | 14,959 |
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Frequently Asked Questions about GroupBima
GroupBima was founded in 2018.
GroupBima is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Annual revenue of GroupBima is $17.76K as on Mar 31, 2023.
GroupBima operates an online platform for comparing health insurance options for individuals and small groups, focusing on offering financial products and advice, offering insurance products, health insurance, and comparison platforms. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
GroupBima's top competitors include Fingoole and Invest Guru.
GroupBima is associated with 2 legal entities: Groupfit Ventures Private Limited, Groupfit Insurance Brokers Private Limited.
The legal entities of GroupBima currently have 4 directors, including Sudipta Kumar Biswas, Vikram Johar, Pradeep Aich and others.