About Instic Technologies
Instic Technologies is a company based in Pune (India) founded in 2020 by Soham Kondalkar and Ajinkya Shejul. It operates as a B2B. The company has 1 employees. Instic Technologies operates in a competitive market with competitors including ClaimBuddy, Vitraya, Bima Garage, ClaimTherapist and ClaimKar, among others.
- Headquarter Pune, India
- Employees 1 as on
- Founders Soham Kondalkar, Ajinkya Shejul
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Instic Technologies Private Limited
- Date of Incorporation 01 Sep, 2020
- Jurisdiction Pune City, Maharashtra, India
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
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Funding Insights of Instic Technologies
| 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 |
Investments & Acquisitions by Instic Technologies
| 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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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Instic Technologies
| 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 |
Instic Technologies Comparisons
Competitors of Instic Technologies
Instic Technologies 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 ClaimBuddy, Vitraya, Bima Garage, ClaimTherapist and ClaimKar, 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 |
Platform offering medical insurance claims support solutions
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| domain | founded_year | HQ Location |
Automated claims adjudication and settlement are provided for healthcare.
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| domain | founded_year | HQ Location |
Health insurance claims support solutions for insurance holders, hospitals, and insurance agents
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| domain | founded_year | HQ Location |
Health insurance claims management is provided online.
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| domain | founded_year | HQ Location |
Provider of insurance claim processing and documentation services
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Instic Technologies
When was Instic Technologies founded?
Instic Technologies was founded in 2020.
Where is Instic Technologies located?
Instic Technologies is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
How many employees does Instic Technologies have?
As of the latest available data, the latest employee count at Instic Technologies is 1.
What does Instic Technologies do?
Instic Technologies operates with a B2B model, focusing on leveraging cutting-edge technology, fintech, insurance services, and claim management. Provides AI-based solutions for managing health insurance claims efficiently. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Who are the top competitors of Instic Technologies?
Instic Technologies's top competitors include Vitraya, ClaimBuddy and Bima Garage.