Magic Submission

AI-powered solution for insurance submission management and financial services.
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Report Incorrect Data
Annual revenue $274.4M Latest available
Total funding - Funding intelligence
Employees 5706 Tracked headcount
Investors - Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Magic Submission

Magic Submission is a company. The company has 5,706 employees as of April 07, 2024. Magic Submission offers products and services including Magic Submission and iTurmeric.

  • Employees 5706 as on 07 Apr, 2024
  • Sectors
    Financial Services
  • Phone
    *********
  • Social
    *********
  • Legal Name Intellect Design Arena Ltd
  • Jurisdiction Chennai, Tamil Nadu, India
Operational Areas
Financial Services → Insurance & Risk Management → →
Financial Services → Banking & Financial Institutions → →
Key Metrics
  • Annual Revenue
    $274.45 M (USD)
    18.97
    as on Mar 31, 2023
  • Net Profit
    $32.29 M (USD)
    -23.36
    as on Mar 31, 2023
  • EBITDA
    $52.32 M (USD)
    -7.82
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    5706

    as on Apr 07, 2024

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Products & Services of Magic Submission

Magic Submission offers a comprehensive portfolio of products and services, including Magic Submission and iTurmeric.

Primary

An AI solution that is utilized for processing insurance documents and submissions to enhance efficiency and accuracy.

A platform that is employed for managing banking operations, including payments and liquidity, within financial services.

Funding Insights of Magic Submission

Investments & Acquisitions by Magic Submission

Investments

Financial Statements - Magic Submission

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Frequently Asked Questions about Magic Submission

As of Apr 07, 2024, the latest employee count at Magic Submission is 5,706.

Annual revenue of Magic Submission is $274.45M as on Mar 31, 2023.

Magic Submission is developed as an AI-powered tool by Intellect Design Arena Ltd to handle complexities in insurance submissions, where documents are automatically ingested and processed using advanced machine learning models. Data is extracted and normalized across various sources, ensuring consistency and accuracy in underwriting and risk analysis. The solution is integrated into financial services, including banking and wealth management, to reduce processing times and support global operations. Partnerships are utilized to enhance capabilities in compliance and efficiency.

Magic Submission offers Magic Submission and iTurmeric.

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