Quickbima

Delhi, India Founded: 2013 • Age: 13 yrs Minicorn
Unbiased rate comparisons for insurance products are offered by Quickbima.

About Quickbima

Quickbima is a Financial Services company based in Delhi (India) founded in 2013 by Sunny Jain. Unbiased rate comparisons for insurance products are offered by Quickbima. Quickbima has raised $587.99 thousand across 2 funding rounds from investors including Charanjit Mohan. Quickbima was last valued at $4.92 million in October 2018. Its Indian entity Mangotree Insurance Web Aggregators Private Limited reported revenue of β‚Ή1.6 Lakh. Its focus areas include FinTech, Internet First Insurance Platforms, Insurance Comparison Platforms and Diversified. Its competitors include Policybazaar, InsuranceDekho and PB Fintech; 2 of its 3 listed competitors have raised funding.

Company details

Quickbima was founded in 2013 and is based in Delhi, India. As an online aggregator in the insurance sector, comparisons of rates from leading companies are provided for term insurance, endowment plans, unit-linked policies, and pension products. General insurance options, including health, car, travel, and rural coverage for individuals and families, are also compared. The platform is approved by the Insurance Regulatory and Development Authority of India.

Key Metrics
  • Annual Revenue
    ₹1.6 Lakh

    FY 2024 · -30% YoY

  • Net Loss
    -₹3.3 Lakh

    FY 2024 · -209% margin

  • EBITDA
    -₹1.3 Lakh

    FY 2024 · -85% margin

  • Total Equity Funding
    $587.99K (USD)

    in 2 rounds

  • Latest Funding Round
    $315.47K (USD), Angel Round

    Oct 2018

Funding Insights of Quickbima

Quickbima has successfully raised a total of $587.99K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $315.47 thousand completed in October 2018. 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 $587,992
  • Total Rounds 2
  • Last Round Angel Round β€” $315,474
  • First Round $272,518

    (Aug 2017)

  • Investors Count 1

All 2 funding rounds of Quickbima with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2018$315,474Angel Round$4.92MCharanjit Mohan
–
Aug 2017$272,518Angel Round$4.7MCharanjit Mohan
–
Valuation history
DateValuationStage
Oct 2018$4.92Mβ€’β€’β€’β€’β€’β€’β€’β€’
Aug 2017$4.7Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $4.92M (Oct 2018). 1 investors in total: 0 institutional and 1 angel.

Investors in Quickbima

Quickbima has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Charanjit Mohan.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Charanjit Mohan

unknown_d96c8fde27894f8f8
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Investor details for Quickbima

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Board of directors of Mangotree Insurance Web Aggregators Private Limited (Quickbima)

Mangotree Insurance Web Aggregators Private Limited is the primary company behind Quickbima. The board of Mangotree Insurance Web Aggregators Private Limited currently have 2 directors; the longest-serving is Sonia Rani, appointed in 2019. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sonia Rani
DIN 07478730
Director27 Sep 20197 yrsMangotree Insurance Web Aggregators Private Limited
Swati Sachdeva
DIN 07632663
Director27 Sep 20197 yrsMangotree Insurance Web Aggregators Private Limited

People of Quickbima

1 people are tracked at Quickbima (1 in leadership).

NameRoleGroup
Co-FounderLeadership
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Financials of Quickbima

Figures of Mangotree Insurance Web Aggregators Private Limited, the primary company behind Quickbima, for FY 2024. Revenue was ₹1.6 Lakh (-30% year on year). Net loss was -₹3.3 Lakh (-209% margin). EBITDA was -₹1.3 Lakh (-85% margin). Revenue has grown at a compounded annual rate of -55% over three years and -49% over five years.

  • ₹1.6 LakhRevenue · FY 2024 · -30% YoY
  • -₹3.3 LakhNet loss · -209% margin
  • -₹1.3 LakhEBITDA · -85% margin
  • ₹34.2 LakhPaid-up capital
  • -55%Revenue CAGR, 3 years
  • -49%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Mangotree Insurance Web Aggregators Private Limited are on its company page.

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Detailed financial statements for Quickbima

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Timeline of Quickbima

4 dated milestones of Quickbima across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Quickbima is founded.
  2. Funding First funding round of $273K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Angel Round, of $315K.

Competitors of Quickbima

Quickbima has 3 listed competitors in our database, 2 of them funded. They include Policybazaar, InsuranceDekho and PB Fintech.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
policybazaar.com2008Gurugram, India24,206
Insurance plans are compared and purchased via an online marketplace.
insurancedekho.com2016Gurugram, India$394.5M2,077
Online insurance policies are compared and purchased through the platform.
pbfintech.in2008Gurugram, India$443.26M286
Online platform for insurance and lending products is operated.
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Detailed competitors of Quickbima

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Web traffic of Quickbima

Websites that share an audience with Quickbima (quickbima.com).

Similar websites

Websites whose visitors overlap most with Quickbima. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
irda.gov.in
irda.gov.in
100%
#4,551,806–
policymantra.com
100%
View details
policybachat.com
100%
47.7K#476,860View details
coverfox.com
97%
205K#187,285View details
gibl.in
95%
16K#1,171,407View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 9 similar websites and full traffic analytics for Quickbima

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  • 9 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Insurance Providers

3 companies that operate in the same segment as Quickbima (Insurance Providers) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
General and life insurance products are provided across multiple categories.
2016Bengaluru, Karnataka, IndiaUSD 462.45 MUSD 1.12 B4,589
Insurance products for vehicles, health, travel, and life are offered.
2016Bengaluru, Karnataka, IndiaUSD 746.17 MUSD 216.04 M1,306
Insurance plans are compared and purchased via an online marketplace.
2008Gurugram, Haryana, IndiaUSD 502.59 M31,422
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Frequently Asked Questions about Quickbima

Quickbima was founded in 2013 and raised its 1st funding round 4 years after it was founded.

Quickbima is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Quickbima is a funded company, having raised a total of $587.99K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $272.52K, raised on Aug 2017.

The primary company behind Quickbima, Mangotree Insurance Web Aggregators Private Limited, reported revenue of β‚Ή1.6 Lakh for FY 2024, down 30% year on year.

Quickbima was founded in 2013 and is based in Delhi, India. As an online aggregator in the insurance sector, comparisons of rates from leading companies are provided for term insurance, endowment plans, unit-linked policies, and pension products. General insurance options, including health, car, travel, and rural coverage for individuals and families, are also compared. The platform is approved by the Insurance Regulatory and Development Authority of India.

Quickbima's top competitors include Policybazaar, InsuranceDekho and PB Fintech.

Quickbima has 1 investor. Key investors include Charanjit Mohan.

The valuation of Quickbima is $4.92M as of Oct 2018.

Quickbima operates through Mangotree Insurance Web Aggregators Private Limited.

The legal entities of Quickbima currently have 2 directors, including Sonia Rani, Swati Sachdeva.

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