About Maan Sarovar Tech Solutions
Maan Sarovar Tech Solutions is a Financial Services company based in Chennai (India) founded in 1999. It offers web-based insurance portals and systems for B2B and B2C clients. It operates on a B2B and B2C model. Its Indian entity Maan Sarovar Tech Solutions Private Limited reported revenue of ₹3.27 Cr. Maan Sarovar Tech Solutions offers products and services including B2B Insurance Portal, B2C Insurance Portal, Proposal Tracking System, and Claims Management System. Its focus areas include FinTech, Insurance Tech, Online Insurance and Portals. Similar companies include ICICI Lombard, Bajaj Finserv and SarvaGram; 2 of its 3 listed similar companies have raised funding.
Company details
Maan Sarovar Tech Solutions develops web-based insurance products and portals that automate processes like policy issuance and claims management. They integrate software expertise with industry knowledge to create efficient systems for insurance companies and intermediaries. Based in Chennai, India, they serve clients in India and Arab countries, including Qatar and Dubai, focusing on streamlining workflows and enhancing customer service through secure online platforms.
- Headquarters Chennai, India
- SectorsFinancial Services
- Email••••••••
- Website maansarovar.com
- Legal Name Maan Sarovar Tech Solutions Private Limited
- Date of Incorporation 22 Nov, 2010
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹3.27 Cr
FY 2024 · +49% YoY
- Net Profit₹62.8 Lakh
FY 2024 · 19% margin
- EBITDA₹64.8 Lakh
FY 2024 · 20% margin
Associated legal entities of Maan Sarovar Tech Solutions
Maan Sarovar Tech Solutions operates through Maan Sarovar Tech Solutions 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 |
|---|---|---|---|---|---|---|---|
| Maan Sarovar Tech Solutions Private Limited CIN U72200TN2010PTC078174 | Active | 22 Nov 2010 | Chennai, Tamil Nadu | ₹3.3 Cr | 2 | View details |
Products & Services of Maan Sarovar Tech Solutions
Maan Sarovar Tech Solutions offers a comprehensive portfolio of products and services, including B2B Insurance Portal, B2C Insurance Portal, Proposal Tracking System, and Claims Management System.
Web-based platform for business-to-business insurance transactions.
Platform for direct consumer insurance services and policy management.
Tool for monitoring insurance proposals and document status.
System to handle insurance claims processing efficiently.
Board of directors of Maan Sarovar Tech Solutions Private Limited (Maan Sarovar Tech Solutions)
Maan Sarovar Tech Solutions Private Limited is the primary company behind Maan Sarovar Tech Solutions. The board of Maan Sarovar Tech Solutions Private Limited currently have 2 directors; the longest-serving is Santhilal Lalitkumar, appointed in 2010. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Santhilal Lalitkumar DIN 00584322 | Director | 22 Nov 2010 | 15 yrs 11 mo | Maan Sarovar Tech Solutions Private Limited |
| Shilpa Jain DIN 02211994 | Director | 27 Jan 2022 | 4 yrs 8 mo | Maan Sarovar Tech Solutions Private Limited |
Financials of Maan Sarovar Tech Solutions
Figures of Maan Sarovar Tech Solutions Private Limited, the primary company behind Maan Sarovar Tech Solutions, for FY 2024. Revenue was ₹3.27 Cr (+49% year on year). Net profit was ₹62.8 Lakh (19% margin). EBITDA was ₹64.8 Lakh (20% margin). Revenue has grown at a compounded annual rate of +41% over three years and +3% over five years.
- ₹3.27 CrRevenue · FY 2024 · +49% YoY
- ₹62.8 LakhNet profit · 19% margin
- ₹64.8 LakhEBITDA · 20% margin
- ₹1 LakhPaid-up capital
- +41%Revenue CAGR, 3 years
- +3%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Maan Sarovar Tech Solutions Private Limited are on its company page.
Detailed financial statements for Maan Sarovar Tech Solutions
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- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Similar companies to Maan Sarovar Tech Solutions
Maan Sarovar Tech Solutions has 3 listed similar companies in our database, 2 of them funded. They include ICICI Lombard, Bajaj Finserv and SarvaGram.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| icicilombard.com | 2001 | Mumbai, India | $306.52M | 15,275 | Life, health, and general insurance services are provided across India. | |
| bajajfinserv.in | 2007 | Pune, India | 53,782 | Financial solutions including loans and insurance are offered. | ||
| sarvagram.com | 2018 | Pune, India | $118.01M | 2,468 | Provider of home, personal, farm and business loans |
Detailed similar companies of Maan Sarovar Tech Solutions
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- Full competitor set
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Top companies in Insurance Technology & Support Services
2 companies that operate in the same segment as Maan Sarovar Tech Solutions (Insurance Technology & Support Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
API-enabled insurance distribution platform is provided for B2C companies. | 2011 | Noida, Uttar Pradesh, India | USD 120.6 M |
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Frequently Asked Questions about Maan Sarovar Tech Solutions
Maan Sarovar Tech Solutions was founded in 1999.
Maan Sarovar Tech Solutions is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
The primary company behind Maan Sarovar Tech Solutions, Maan Sarovar Tech Solutions Private Limited, reported revenue of ₹3.27 Cr for FY 2024, up 49% year on year.
Maan Sarovar Tech Solutions develops web-based insurance products and portals that automate processes like policy issuance and claims management. They integrate software expertise with industry knowledge to create efficient systems for insurance companies and intermediaries. Based in Chennai, India, they serve clients in India and Arab countries, including Qatar and Dubai, focusing on streamlining workflows and enhancing customer service through secure online platforms.
Maan Sarovar Tech Solutions's top competitors include ICICI Lombard, Bajaj Finserv and SarvaGram.
Maan Sarovar Tech Solutions offers B2B Insurance Portal, B2C Insurance Portal, Proposal Tracking System, and Claims Management System.
Maan Sarovar Tech Solutions operates through Maan Sarovar Tech Solutions Private Limited.
The legal entities of Maan Sarovar Tech Solutions currently have 2 directors, including Santhilal Lalitkumar, Shilpa Jain.