About Pesabazzar
Pesabazzar is a company based in Nairobi (Kenya) founded in 2015.. Pesabazzar has raised $396 thousand across 1 funding round. Pesabazzar operates in a competitive market with competitors including mTek Insurance Services, Bismart, MyInsure, InsureAfrika and Denkim Insurance, among others.
- Headquarter Nairobi, Kenya
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$396 K (USD)
in 1 rounds
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Latest Funding Round
$396 K (USD), Seed
Apr 13, 2016
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Investors
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Employee Count
Employee Count
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Funding Insights of Pesabazzar
Pesabazzar has successfully raised a total of $396K through 1 strategic funding round. The most recent funding activity was a Seed round of $396 thousand completed in April 2016. 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 Seed — $396,000
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First Round
First Round
(13 Apr 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2016 | Amount | Seed - Pesabazzar | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Pesabazzar
| 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 - Pesabazzar
| 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 |
Pesabazzar Comparisons
Competitors of Pesabazzar
Pesabazzar 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 mTek Insurance Services, Bismart, MyInsure, InsureAfrika and Denkim Insurance, 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 |
App based insurance solution
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| domain | founded_year | HQ Location |
Insurance brokerage is facilitated online through an internet-first platform.
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| domain | founded_year | HQ Location |
Operates an online insurance comparison platform for consumers.
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| domain | founded_year | HQ Location |
Serves as a free online platform for insurance quotes.
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| domain | founded_year | HQ Location |
An online platform for comparing and selecting insurance options.
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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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Frequently Asked Questions about Pesabazzar
When was Pesabazzar founded?
Pesabazzar was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Pesabazzar located?
Pesabazzar is headquartered in Nairobi, Kenya.
Is Pesabazzar a funded company?
Pesabazzar is a funded company, having raised a total of $396K across 1 funding round to date. The company's 1st funding round was a Seed of $396K, raised on Apr 13, 2016.
What does Pesabazzar do?
Founded in 2015 and based in Nairobi, Kenya, Pesabazzar operates as an insurance aggregator in the financial services sector. Online comparison services for products from 10 companies were offered as of April 2016. Coverage is provided for car, health, travel, and mobile insurance. Partnerships have been formed with carriers including Jubilee Insurance, Kenya Orient Insurance, Fidelity Insurance, APA Insurance, Resolution Insurance, Kenindia, UAP Insurance, BRITAM Insurance, and First Assurance.
Who are the top competitors of Pesabazzar?
Pesabazzar's top competitors include mTek Insurance Services, Bismart and MyInsure.