About ProtectMeWell
ProtectMeWell is a Financial Services company based in Bengaluru (India) by Sumit Ramani. An API-first engine providing insurance needs analysis and personalized solutions for individuals. It operates on a B2C model. Its chief executive, as recorded, is Sumit Ramani. Its Indian entity Pmwell Technologies Private Limited reported revenue of ₹2.2 Lakh. Its focus areas include Insurance, Insurance Analysis and API-based Solutions. Similar companies include ACKO, Digit Insurance and Square Insurance Brokers; 3 of its 3 listed similar companies have raised funding.
Company details
ProtectMeWell, led by Sumit Ramani as Co-Founder, CEO, specializes in offering financial products and advice, offering insurance products, insurance analysis, and api-based solutions. An API-first engine providing insurance needs analysis and personalized solutions for individuals. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
- Headquarters Bengaluru, India
- Employees 1
- Founders Sumit Ramani
- SectorsFinancial Services
- Website protectmewell.com
- Social X Facebook
- Legal Name Pmwell Technologies Private Limited
- Date of Incorporation 31 Aug, 2020
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹2.2 Lakh
FY 2024 · +700% YoY
- Net Loss-₹16,000
FY 2024 · -7% margin
- EBITDA-₹12,000
FY 2024 · -6% margin
- Employee Count1
Associated legal entities of ProtectMeWell
ProtectMeWell operates through Pmwell Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Pmwell Technologies Private Limited CIN U72900KA2020PTC137904 | Active | 31 Aug 2020 | Bangalore, Karnataka | ₹0.0 Cr | 2 | View details |
Board of directors of Pmwell Technologies Private Limited (ProtectMeWell)
Pmwell Technologies Private Limited is the primary company behind ProtectMeWell. The board of Pmwell Technologies Private Limited currently have 2 directors; the longest-serving is Sumit Ramani, appointed in 2020. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sumit Ramani DIN 08855708 | Director | 31 Aug 2020 | 6 yrs 1 mo | Pmwell Technologies Private Limited |
| Iswar Das Ramani DIN 09252988 | Director | 27 Jul 2021 | 5 yrs 2 mo | Pmwell Technologies Private Limited |
People of ProtectMeWell
1 people are tracked at ProtectMeWell (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder, CEO | Leadership |
Complete people profiles for ProtectMeWell
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Financials of ProtectMeWell
Figures of Pmwell Technologies Private Limited, the primary company behind ProtectMeWell, for FY 2024. Revenue was ₹2.2 Lakh (+700% year on year). Net loss was -₹16,000 (-7% margin). EBITDA was -₹12,000 (-6% margin). Revenue has grown at a compounded annual rate of +251% over three years.
- ₹2.2 LakhRevenue · FY 2024 · +700% YoY
- -₹16,000Net loss · -7% margin
- -₹12,000EBITDA · -6% margin
- ₹2 LakhPaid-up capital
- +251%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Pmwell Technologies Private Limited are on its company page.
Detailed financial statements for ProtectMeWell
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Similar companies to ProtectMeWell
ProtectMeWell has 3 listed similar companies in our database, 3 of them funded. They include ACKO, Digit Insurance and Square Insurance Brokers.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| acko.com | 2016 | Bengaluru, India | $746.17M | 1,261 | Insurance products for vehicles, health, travel, and life are offered. | |
| godigit.com | 2016 | Bengaluru, India | $462.45M | 5,936 | General and life insurance products are provided across multiple categories. | |
| squareinsurance.in | 2017 | Jaipur, India | $4M | 229 | Platform for insurance broking and policy comparison |
Detailed similar companies of ProtectMeWell
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Top companies in Insurance Providers
3 companies that operate in the same segment as ProtectMeWell (Insurance Providers) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
General and life insurance products are provided across multiple categories. | 2016 | Bengaluru, Karnataka, India | USD 462.45 M | USD 1.12 B | 4,589 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
Insurance plans are compared and purchased via an online marketplace. | 2008 | Gurugram, Haryana, India | USD 502.59 M | 31,422 |
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Frequently Asked Questions about ProtectMeWell
ProtectMeWell is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Sumit Ramani is the CEO of ProtectMeWell, as recorded in our data. They have also founded this company.
ProtectMeWell has 1 employees.
The primary company behind ProtectMeWell, Pmwell Technologies Private Limited, reported revenue of ₹2.2 Lakh for FY 2024, up 700% year on year.
ProtectMeWell, led by Sumit Ramani as Co-Founder, CEO, specializes in offering financial products and advice, offering insurance products, insurance analysis, and api-based solutions. An API-first engine providing insurance needs analysis and personalized solutions for individuals. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
ProtectMeWell's top competitors include Digit Insurance, ACKO and Square Insurance Brokers.
ProtectMeWell operates through Pmwell Technologies Private Limited.
The legal entities of ProtectMeWell currently have 2 directors, including Iswar Das Ramani, Sumit Ramani.