About M-insure
M-insure is a Healthcare company based in Bengaluru (India) founded in 2019 by Neeraj Maheshwari. Digital healthcare services are delivered via an online platform. M-insure has raised $134 thousand across 1 funding round. The company has 64 employees. M-insure was last valued at $1.92 million in January 2022. Its chief executive, as recorded, is Neeraj Maheshwari. Its Indian entity M-Insure Services Private Limited reported revenue of ₹6.72 Cr. M-insure offers products and services including Suraksha, Swasthya, and Sanrakshan. Its focus areas include HealthTech, Healthcare IT, Horizontal and Suite Solutions.
Company details
M-insure was established in 2019 in Bengaluru, India, as a platform for digital healthcare services. Operations are conducted through the domain m-insure.in, focusing on online delivery within the healthcare sector. Services are provided to support digital access to healthcare needs. The company is led by Co-Founder and CEO Neeraj Maheshwari, with activities centered in India.
- Headquarters Bengaluru, India
- Employees 64
- Founders Neeraj Maheshwari
- Stage Minicorn
- SectorsHealthcare
- Website m-insure.in
- Social LinkedIn Facebook
- Legal Name M-Insure Services Private Limited
- Date of Incorporation 02 Jul, 2019
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹6.72 Cr
FY 2024 · -10% YoY
- Net Loss-₹7.58 Cr
FY 2024 · -113% margin
- EBITDA-₹5.59 Cr
FY 2024 · -83% margin
- Total Equity Funding$134K (USD)
in 1 rounds
- Latest Funding Round$134K (USD), Seed
Jan 2022
- Employee Count64
Associated legal entities of M-insure
M-insure operates through M-Insure Services Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| M-Insure Services Private Limited CIN U74110KA2019PTC125809 | Amalgamated | 02 Jul 2019 | Bangalore, Karnataka | ₹6.7 Cr | 64 | 2 | View details |
Products & Services of M-insure
M-insure offers a comprehensive portfolio of products and services, including Suraksha, Swasthya, and Sanrakshan.
Enables affordable health insurance with digital enrollment and claims processing.
Offers remote diagnosis and treatment via tele-health platforms.
Empowers preventive healthcare through online and offline technology.
Apps and channels of M-insure
M-insure publishes 1 mobile app with over 10K+ downloads.
Funding Insights of M-insure
M-insure has successfully raised a total of $134K through 1 strategic funding round. The most recent funding activity was a Seed round of $134 thousand completed in January 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.
- Total Funding $134,000
- Total Rounds 1
- Last Round Seed — $134,000
- First Round $134,000
(Jan 2022)
All 1 funding rounds of M-insure with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2022 | $134,000 | Seed | $1.92M | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2022 | $1.92M | •••••••• |
Last known valuation $1.92M (Jan 2022).
Board of directors of M-Insure Services Private Limited (M-insure)
M-Insure Services Private Limited is the primary company behind M-insure. The board of M-Insure Services Private Limited currently have 2 directors; the longest-serving is Neeraj Maheshwari, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Neeraj Maheshwari DIN 08498556 | Whole-time director | 02 Jul 2019 | 7 yrs 3 mo | M-Insure Services Private Limited |
| Anurag Dod DIN 01714999 | Whole-time director | 02 Jul 2019 | 7 yrs 3 mo | M-Insure Services Private Limited |
People of M-insure
4 people are tracked at M-insure (2 in leadership, 2 in team); the tracked headcount is 64.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
Prakash Ranjan | Vp, Founding Member At M-insure | Leadership |
Partha Bag | Engineering Manager | Team |
Ambika Kapoor | Manager TA & HR Ops | Team |
Complete people profiles for M-insure
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of M-insure
Figures of M-Insure Services Private Limited, the primary company behind M-insure, for FY 2024. Revenue was ₹6.72 Cr (-10% year on year). Net loss was -₹7.58 Cr (-113% margin). EBITDA was -₹5.59 Cr (-83% margin). Revenue has grown at a compounded annual rate of +48% over three years.
- ₹6.72 CrRevenue · FY 2024 · -10% YoY
- -₹7.58 CrNet loss · -113% margin
- -₹5.59 CrEBITDA · -83% margin
- ₹8.6 LakhPaid-up capital
- 64Employees (provident fund records)
- +48%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of M-Insure Services Private Limited are on its company page.
Detailed financial statements for M-insure
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of M-insure
3 dated milestones of M-insure across 3 years, from founding to its latest funding, stage changes and deals.
- Founded M-insure is founded.
- Funding First funding round of $134K.
- Milestone Reaches Minicorn status.
Web traffic of M-insure
The website of M-insure (m-insure.in) receives about 1.6K visits a month.
- Monthly visits1.6K
▼ 8.8% vs previous month
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Frequently Asked Questions about M-insure
M-insure was founded in 2019 and raised its 1st funding round 3 years after it was founded.
M-insure is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Neeraj Maheshwari is the CEO of M-insure, as recorded in our data. They have also founded this company.
M-insure is a funded company, having raised a total of $134K across 1 funding round to date. The company's 1st funding round was a Seed of $134K, raised on Jan 2022.
M-insure has 64 employees.
The primary company behind M-insure, M-Insure Services Private Limited, reported revenue of ₹6.72 Cr for FY 2024, down 10% year on year.
M-insure was established in 2019 in Bengaluru, India, as a platform for digital healthcare services. Operations are conducted through the domain m-insure.in, focusing on online delivery within the healthcare sector. Services are provided to support digital access to healthcare needs. The company is led by Co-Founder and CEO Neeraj Maheshwari, with activities centered in India.
M-insure offers Suraksha, Swasthya, and Sanrakshan.
The valuation of M-insure is $1.92M as of Jan 2022.
M-insure operates through M-Insure Services Private Limited.
The legal entities of M-insure currently have 2 directors, including Neeraj Maheshwari, Anurag Dod.
Yes. M-insure publishes m-swasth, with over 10,000 downloads.