About Niva Bupa
Niva Bupa is a company based in Delhi (India) founded in 2008.. Niva Bupa has raised $96.08 million across 1 funding round from investors including SBI Life Insurance, Temasek and Paragon Partners. The company has 8,940 employees as of March 31, 2024. Niva Bupa offers products and services including Health Insurance Plans, Travel Insurance, and Corporate Insurance. Niva Bupa operates in a competitive market with competitors including Star Health and Allied Insurance, Care Health Insurance, SEB, Apollo Munich Health Insurance and Max Bupa, among others.
- Headquarter Delhi, India
- Employees 8940 as on 31 Mar, 2024
- Stage Public
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Sectors
Financial 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 Niva Bupa Health Insurance Company Limited
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Annual Revenue
$644.51 M (USD)27.3as on Mar 31, 2024
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Net Profit
$25 M (USD)160.87as on Mar 31, 2024
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EBITDA
$0 (USD)0as on Mar 31, 2023
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Total Equity Funding
$96.08 M (USD)
in 1 rounds
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Latest Funding Round
$96.08 M (USD), Series A
Oct 14, 2023
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Investors
SBI Life Insurance
& 4 more
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Employee Count
8940
as on Mar 31, 2024
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IPO & Listings of Niva Bupa
Niva Bupa is a publicly listed company on the NSE with ticker symbol NIVABUPA in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Niva Bupa
Niva Bupa offers a comprehensive portfolio of products and services, including Health Insurance Plans, Travel Insurance, and Corporate Insurance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides coverage for medical expenses and hospitalization needs.
Offers protection for international and domestic travel risks.
Delivers group health plans for businesses and employees.
Funding Insights of Niva Bupa
Niva Bupa has successfully raised a total of $96.08M through 1 strategic funding round. The most recent funding activity was a Series A round of $96.08 million completed in October 2023. 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 Total Funding
- Total Rounds 1
- Last Round Series A — $96.1M
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First Round
First Round
(14 Oct 2023)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Series A - Niva Bupa | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Niva Bupa
Niva Bupa has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include SBI Life Insurance, Temasek and Paragon Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Acquisitions are targeted by V-Sciences Investments across multiple sectors.
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Founded Year | Domain | Location | |
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A leading Indian mid-market private equity firm is operated.
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Founded Year | Domain | Location | |
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An investment platform is provided for diverse sectors and geographies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Niva Bupa
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Niva Bupa
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Niva Bupa Comparisons
Competitors of Niva Bupa
Niva Bupa 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 Star Health and Allied Insurance, Care Health Insurance, SEB, Apollo Munich Health Insurance and Max Bupa, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Health insurance plans are offered for individuals and families.
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| domain | founded_year | HQ Location |
Provider of health and travel insurance plans
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| domain | founded_year | HQ Location |
Digital transformation and employee benefits solutions are provided by SEB.
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| domain | founded_year | HQ Location |
Pure-play health insurance provider
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| domain | founded_year | HQ Location |
Health insurance services are provided by Max Bupa in India.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Niva Bupa
Frequently Asked Questions about Niva Bupa
When was Niva Bupa founded?
Niva Bupa was founded in 2008 and raised its 1st funding round 15 years after it was founded.
Where is Niva Bupa located?
Niva Bupa is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of Niva Bupa?
Krishnan Ramachandran is the current CEO of Niva Bupa.
Is Niva Bupa a funded company?
Niva Bupa is a funded company, having raised a total of $96.08M across 1 funding round to date. The company's 1st funding round was a Series A of $96.08M, raised on Oct 14, 2023.
How many employees does Niva Bupa have?
As of Mar 31, 2024, the latest employee count at Niva Bupa is 8,940.
What is the annual revenue of Niva Bupa?
Annual revenue of Niva Bupa is $644.51M as on Mar 31, 2024.
What does Niva Bupa do?
Niva Bupa was founded in 2008 and is headquartered in Delhi, India. The company operates in the insurance sector, offering an app-based platform for health, travel, and corporate insurance. Policies can be managed, doctor or pathology lab appointments booked, and claims raised through the app, which is available on iOS and Android devices. Services are accessible online to support user needs in policy administration and healthcare access.
Who are the top competitors of Niva Bupa?
Niva Bupa's top competitors include Star Health and Allied Insurance, Care Health Insurance and Bridge Health.
What products or services does Niva Bupa offer?
Niva Bupa offers Health Insurance Plans, Travel Insurance, and Corporate Insurance.
Is Niva Bupa publicly traded?
Yes, Niva Bupa is publicly traded on NSE under the ticker symbol NIVABUPA.
Who are Niva Bupa's investors?
Niva Bupa has 5 investors. Key investors include SBI Life Insurance, Temasek, Paragon Partners, V-Sciences Investments, and Motilal Oswal Alternates.
What is Niva Bupa's ticker symbol?
The ticker symbol of Niva Bupa is NIVABUPA on NSE.
What is Niva Bupa's valuation?
The valuation of Niva Bupa is $1.41B as of Oct 2023.
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