About Insuremile
Insuremile is a company based in Bengaluru (India) founded in 2016. Insuremile has raised $350 thousand across 1 funding round from investors including Seeders, Abhishek Rungta and Parthiv Vikram Neotia. Insuremile offers products and services including Health Insurance, Life Insurance, Vehicle Insurance, Home Insurance, and Travel Insurance. Insuremile operates in a competitive market with competitors including QuickInsure, Easypolicy, Aapkabima, ETInsure and Auto Sense, among others.
- Headquarter Bengaluru, India
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Sectors
Transportation, Automotive & LogisticsFinancial Services
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Email
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Phone
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Website
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Social
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- Legal Name Insuremile Insurance Web Aggregator Private Limited
- Date of Incorporation 13 Feb, 2018
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$39.66 K (USD)71.14as on Mar 31, 2023
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Net Profit
-$33.42 K (USD)20.77as on Mar 31, 2023
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EBITDA
-$32.51 K (USD)21.72as on Mar 31, 2023
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Total Equity Funding
$350 K (USD)
in 1 rounds
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Latest Funding Round
$350 K (USD), Seed
Oct 11, 2021
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Investors
Seeders
& 4 more
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Employee Count
Not available
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Products & Services of Insuremile
Insuremile offers a comprehensive portfolio of products and services, including Health Insurance, Life Insurance, Vehicle Insurance, Home Insurance, and Travel Insurance.
Covers medical treatments for illnesses and accidents with inpatient benefits.
Provides financial security for families in case of death or endowment plans.
Protects cars and bikes against damages and third-party liabilities.
Safeguards homes from fire, theft, and natural disasters with content coverage.
Offers protection for trip cancellations, medical emergencies, and lost luggage.
People of Insuremile
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Funding Insights of Insuremile
Insuremile has successfully raised a total of $350K through 1 strategic funding round. The most recent funding activity was a Seed round of $350 thousand completed in October 2021. 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 Insuremile
Insuremile has secured backing from 5 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Seeders, Abhishek Rungta and Parthiv Vikram Neotia.
| Investor | Description | Founded Year | Domain | Location |
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India focused VC firm
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Web, blockchain development, digital marketing, and analytics services are provided.
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Abhishek Rungta |
Founder of Indus Net Technologies, active angel investor in Indian startups
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Investor details for Insuremile
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Investments & Acquisitions by Insuremile
Investment portfolio details for Insuremile
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Financial Statements - Insuremile
Detailed financials for Insuremile
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Insuremile Comparisons
Peer comparison for Insuremile
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Competitors of Insuremile
Insuremile 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 QuickInsure, Easypolicy, Aapkabima, ETInsure and Auto Sense, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online platform for comparing and buying insurance policies is operated.
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Online quotes for life and non-life insurance are compared.
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Online comparison of auto insurance policies is facilitated by Aapkabima.
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Operates a web-based platform for aggregating insurance options.
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Functions as an online portal for comparing auto insurance options.
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Detailed competitors of Insuremile
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Latest news on Insuremile
Complete news archive for Insuremile
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Frequently Asked Questions about Insuremile
Insuremile was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Insuremile is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Insuremile is a funded company, having raised a total of $350K across 1 funding round to date.
Annual revenue of Insuremile is $39.66K as on Mar 31, 2023.
Insuremile was founded in 2016 in Bengaluru, India, as an app-based platform in the auto insurance sector. Quotes from various insurers are compared by users, who can then purchase suitable policies. Online claims are filed via the app, and location-based searches for hospitals, roadside assistance, and police stations are supported. The application is available for both Android and iOS devices.
Insuremile's top competitors include QuickInsure, Easypolicy and Aapkabima.
Insuremile offers Health Insurance, Life Insurance, Vehicle Insurance, Home Insurance, and Travel Insurance.