About PolicyMantra
PolicyMantra was a Financial Services company based in Mumbai (India) founded in 2012 by Prakash Sharma, Anshul Anand, and Shreeram Gomatam. Functions as an insurance aggregator platform to help users compare and select policies. It operates on a B2C model. Its chief executive, as recorded, is Anshul Anand. Its Indian entity Policymantra Insurance Web Aggregator Private Limited reported revenue of ₹2.2 Lakh. The company is recorded as dissolved. Its focus areas include Insurance, Aggregation and Online Platforms. Similar companies include Policybazaar, InsuranceDekho and Turtlemint; 2 of its 3 listed similar companies have raised funding.
Company details
PolicyMantra, established in 2012 and currently in Dissolved stage, focuses on offering financial products and advice, offering insurance products, aggregation, and online platforms. Functions as an insurance aggregator platform to help users compare and select policies. Adapting to market demands with innovation and client-focused strategies.
- Headquarters Mumbai, India
- Founders Prakash Sharma, Anshul Anand, Shreeram Gomatam
- SectorsFinancial Services
- Website policymantra.com
- Social X Facebook
- Legal Name Policymantra Insurance Web Aggregator Private Limited
- Date of Incorporation 14 Jan, 2010
- Jurisdiction Faridabad, Haryana, India
- Annual Revenue₹2.2 Lakh
FY 2017 · +210% YoY
- Net Loss-₹9.5 Lakh
FY 2017 · -434% margin
- EBITDA-₹8.6 Lakh
FY 2017 · -391% margin
Associated legal entities of PolicyMantra
PolicyMantra operates through Policymantra Insurance Web Aggregator Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2017) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Policymantra Insurance Web Aggregator Private Limited CIN U66000HR2010PTC039970 | Strike Off | 14 Jan 2010 | Faridabad, Haryana | ₹0.0 Cr | 2 | View details |
Board of directors of Policymantra Insurance Web Aggregator Private Limited (PolicyMantra)
Policymantra Insurance Web Aggregator Private Limited is the primary company behind PolicyMantra. The board of Policymantra Insurance Web Aggregator Private Limited currently have 2 directors; the longest-serving is Anshul Anand, appointed in 2010. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anshul Anand DIN 02847577 | Director | 14 Jan 2010 | 16 yrs 9 mo | Policymantra Insurance Web Aggregator Private Limited |
| Sandeep Nandi DIN 05317706 | Director | 30 Jun 2012 | 14 yrs 3 mo | Policymantra Insurance Web Aggregator Private Limited |
People of PolicyMantra
3 people are tracked at PolicyMantra (3 in leadership).
| Name | Role | Group |
|---|---|---|
Prakash Sharma | Co-Founder, Director of Operations | Leadership |
| Co-Founder, CEO | Leadership | |
Shreeram Gomatam | Co-Founder, COO | Leadership |
Complete people profiles for PolicyMantra
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Verified entity values are shown only after access is granted.
Financials of PolicyMantra
Figures of Policymantra Insurance Web Aggregator Private Limited, the primary company behind PolicyMantra, for FY 2017. Revenue was ₹2.2 Lakh (+210% year on year). Net loss was -₹9.5 Lakh (-434% margin). EBITDA was -₹8.6 Lakh (-391% margin).
- ₹2.2 LakhRevenue · FY 2017 · +210% YoY
- -₹9.5 LakhNet loss · -434% margin
- -₹8.6 LakhEBITDA · -391% margin
- ₹50 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Policymantra Insurance Web Aggregator Private Limited are on its company page.
Detailed financial statements for PolicyMantra
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.
Similar companies to PolicyMantra
PolicyMantra has 3 listed similar companies in our database, 2 of them funded. They include Policybazaar, InsuranceDekho and Turtlemint.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| policybazaar.com | 2008 | Gurugram, India | 24,206 | Insurance plans are compared and purchased via an online marketplace. | ||
| insurancedekho.com | 2016 | Gurugram, India | $394.5M | 2,077 | Online insurance policies are compared and purchased through the platform. | |
| turtlemint.com | 2015 | Mumbai, India | $220.08M | 2,400 | Provider of platform for comparing and purchasing insurance, loans, and funds |
Detailed similar companies of PolicyMantra
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of PolicyMantra
Websites that share an audience with PolicyMantra (policymantra.com).
Websites whose visitors overlap most with PolicyMantra. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| quickbima.com | 100% | View details | |||
| securenow.in | 94% | 13.4K | #1,536,262 | View details | |
| smcinsurance.com | 84% | 60.9K | #333,457 | View details |
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Frequently Asked Questions about PolicyMantra
PolicyMantra was founded in 2012.
PolicyMantra is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Anshul Anand is the CEO of PolicyMantra, as recorded in our data. They have also founded this company.
The primary company behind PolicyMantra, Policymantra Insurance Web Aggregator Private Limited, reported revenue of ₹2.2 Lakh for FY 2017, up 210% year on year.
PolicyMantra, established in 2012 and currently in Dissolved stage, focuses on offering financial products and advice, offering insurance products, aggregation, and online platforms. Functions as an insurance aggregator platform to help users compare and select policies. Adapting to market demands with innovation and client-focused strategies.
PolicyMantra's top competitors include Policybazaar, InsuranceDekho and Turtlemint.
PolicyMantra operates through Policymantra Insurance Web Aggregator Private Limited.
The legal entities of PolicyMantra currently have 2 directors, including Sandeep Nandi, Anshul Anand.