About InsureCorrect
InsureCorrect is a Financial Services company based in Mumbai (India) founded in 2014. It operates a platform for comparing various insurance products. It operates on a B2C model. The company has 84 employees. Its Indian entity Way2wealth Insurance Brokers Private Limited reported revenue of ₹18.20 Cr. Its focus areas include Finance, Insurance, Comparison Services and Product Platforms. Similar companies include Policybazaar, InsuranceDekho and PB Fintech; 2 of its 3 listed similar companies have raised funding.
Company details
InsureCorrect operates a platform for comparing various insurance products, focusing on finance, offering insurance products, comparison services, and product platforms. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Mumbai, India
- Employees 84
- SectorsFinancial Services
- Phone•••• ••••
- Website insurecorrect.com
- Social LinkedIn X Facebook
- Legal Name Way2wealth Insurance Brokers Private Limited
- Date of Incorporation 27 May, 2003
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹18.20 Cr
FY 2024 · +41% YoY
- Net Loss-₹1.13 Cr
FY 2024 · -6% margin
- EBITDA-₹43.2 Lakh
FY 2024 · -2% margin
- Employee Count84
Associated legal entities of InsureCorrect
InsureCorrect operates through Way2wealth Insurance Brokers 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 |
|---|---|---|---|---|---|---|---|
| Way2wealth Insurance Brokers Private Limited CIN U66010KA2003PTC032003 | Active | 27 May 2003 | Bangalore, Karnataka | ₹18.2 Cr | 84 | 4 | View details |
Board of directors of Way2wealth Insurance Brokers Private Limited (InsureCorrect)
Way2wealth Insurance Brokers Private Limited is the primary company behind InsureCorrect. The board of Way2wealth Insurance Brokers Private Limited currently have 4 directors; the longest-serving is Venkatesh Nagaraj Badithe, appointed in 2007. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Venkatesh Nagaraj Badithe DIN 00110011 | Director | 23 Nov 2007 | 18 yrs 11 mo | Way2wealth Insurance Brokers Private Limited |
| Sundaraseelan Philip Samuel DIN 02843512 | Additional Director | 15 Jul 2025 | 1 yr 3 mo | Way2wealth Insurance Brokers Private Limited |
| Narayan Mohan Raj DIN 01509277 | Additional Director | 11 Nov 2025 | 1 yr | Way2wealth Insurance Brokers Private Limited |
| Lakshmi Narasimhan Subrahmaniannaganathan DIN 07074686 | Additional Director | 11 Nov 2025 | 1 yr | Way2wealth Insurance Brokers Private Limited |
Financials of InsureCorrect
Figures of Way2wealth Insurance Brokers Private Limited, the primary company behind InsureCorrect, for FY 2024. Revenue was ₹18.20 Cr (+41% year on year). Net loss was -₹1.13 Cr (-6% margin). EBITDA was -₹43.2 Lakh (-2% margin). Revenue has grown at a compounded annual rate of +25% over three years and +24% over five years.
- ₹18.20 CrRevenue · FY 2024 · +41% YoY
- -₹1.13 CrNet loss · -6% margin
- -₹43.2 LakhEBITDA · -2% margin
- ₹1.00 CrPaid-up capital
- 84Employees (provident fund records)
- +25%Revenue CAGR, 3 years
- +24%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Way2wealth Insurance Brokers Private Limited are on its company page.
Detailed financial statements for InsureCorrect
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Similar companies to InsureCorrect
InsureCorrect has 3 listed similar companies in our database, 2 of them funded. They include Policybazaar, InsuranceDekho and PB Fintech.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| policybazaar.com | 2008 | Gurugram, India | 24,206 | Insurance plans are compared and purchased via an online marketplace. | ||
| insurancedekho.com | 2016 | Gurugram, India | $394.5M | 2,077 | Online insurance policies are compared and purchased through the platform. | |
| pbfintech.in | 2008 | Gurugram, India | $443.26M | 286 | Online platform for insurance and lending products is operated. |
Detailed similar companies of InsureCorrect
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Web traffic of InsureCorrect
The website of InsureCorrect (insurecorrect.com) receives about 1.2K visits a month.
- Monthly visits1.2K
▲ 26.7% vs previous month
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Frequently Asked Questions about InsureCorrect
InsureCorrect was founded in 2014.
InsureCorrect is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
InsureCorrect has 84 employees.
The primary company behind InsureCorrect, Way2wealth Insurance Brokers Private Limited, reported revenue of ₹18.20 Cr for FY 2024, up 41% year on year.
InsureCorrect operates a platform for comparing various insurance products, focusing on finance, offering insurance products, comparison services, and product platforms. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
InsureCorrect's top competitors include Policybazaar, InsuranceDekho and PB Fintech.
InsureCorrect operates through Way2wealth Insurance Brokers Private Limited.
The legal entities of InsureCorrect currently have 4 directors, including Venkatesh Nagaraj Badithe, Sundaraseelan Philip Samuel, Narayan Mohan Raj and others.