Insur Monthly

Bengaluru, India Founded: 2019 • Age: 7 yrs
Subscription-based healthcare platform for medical reimbursements and check-ups is offered.
Annual revenue $40,883 Latest available
Total funding $216,559 1 rounds
Employees 1 Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 6 Brand Intelligence

About Insur Monthly

Insur Monthly is a company based in Bengaluru (India) founded in 2019 by Rahul Singh. Insur Monthly has raised $216.56 thousand across 1 funding round from investors including AngelBay and Dhruv Goyal. The company has 1 employees as of April 07, 2024. Insur Monthly operates in a competitive market with competitors including ManipalCigna Health Insurance, Basis, AyushPay, Vital and Volo Health, among others.

  • Headquarter Bengaluru, India
  • Employees 1 as on 07 Apr, 2024
  • Founders Rahul Singh
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Trufedu Budgetary Education Private Limited
  • Date of Incorporation 24 Oct, 2019
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Financial Services → Insurance & Risk Management Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $40.88 K (USD)
    -49.58
    as on Mar 31, 2023
  • Net Profit
    -$66.05 K (USD)
    -38.89
    as on Mar 31, 2023
  • EBITDA
    -$66.56 K (USD)
    -40.36
    as on Mar 31, 2023
  • Total Equity Funding
    $216.56 K (USD)

    in 1 rounds

  • Latest Funding Round
    $216.56 K (USD), Seed

    Mar 17, 2022

  • Investors
    AngelBay

    & 1 more

  • Employee Count
    1

    as on Apr 07, 2024

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Funding Insights of Insur Monthly

Insur Monthly has successfully raised a total of $216.56K through 1 strategic funding round. The most recent funding activity was a Seed round of $216.56 thousand completed in March 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.

Investors in Insur Monthly

Insur Monthly has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include AngelBay and Dhruv Goyal.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Angel network focused on multiple sectors
Locked Locked Locked

Dhruv Goyal

Angel investor, ex-entrepreneur, focused on early-stage Indian startups
Locked Locked Locked
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Investor details for Insur Monthly

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Investments & Acquisitions by Insur Monthly

Investments
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Investment portfolio details for Insur Monthly

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Financial Statements - Insur Monthly

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Detailed financials for Insur Monthly

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Insur Monthly Comparisons

Insur Monthly Primary company
Description
Subscription-based healthcare platform for medical reimburse...
Location
Bengaluru, India
Founded Year
2019
Annual Revenue
$40.88 K (USD)
Net Profit
-$66.05 K (USD)
EBITDA
-$66.56 K (USD)
Employees
1
As of 2024
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Peer comparison for Insur Monthly

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Insur Monthly

Insur Monthly 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 ManipalCigna Health Insurance, Basis, AyushPay, Vital and Volo Health, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
An online platform for customized health insurance policies is provided.
Locked Locked Locked
Online platform offering financial services for women
Locked Locked Locked
Healthcare plans with medical loans and benefits are provided.
Locked Locked Locked
Usage-based health insurance is offered to individuals and businesses.
Locked Locked Locked
Simplifies access to healthcare services and payment processes.
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Detailed competitors of Insur Monthly

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  • Domains and locations
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Latest news on Insur Monthly

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Complete news archive for Insur Monthly

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Frequently Asked Questions about Insur Monthly

Insur Monthly was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Insur Monthly is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Insur Monthly is a funded company, having raised a total of $216.56K across 1 funding round to date.

As of Apr 07, 2024, the latest employee count at Insur Monthly is 1.

Annual revenue of Insur Monthly is $40.88K as on Mar 31, 2023.

Insur Monthly was founded in 2019 in Bengaluru, India, within the healthcare sector. A digital platform is operated to deliver subscription services addressing healthcare needs. Instant reimbursements for medical bills are facilitated, alongside full body check-ups and personalized health plans. Operations focus on streamlining access to these benefits for users in the region.

Insur Monthly's top competitors include ManipalCigna Health Insurance, AyushPay and Basis.

Insur Monthly has 2 investors. Key investors include AngelBay, and Dhruv Goyal.

The valuation of Insur Monthly is $4.24M as of Mar 2022.

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