ReLeague

Mumbai, India Founded: 2015 • Age: 11 yrs Acquired By Symbo Insurance
Global reinsurance transactions are facilitated among insurers, brokers, and reinsurers.

About ReLeague

ReLeague is a Financial Services company based in Mumbai (India) founded in 2015 by Amrish Dudani, Tehseen Mehdi Dudani, and Anurag Jaroli, and was acquired by Symbo Insurance in August 2018. Global reinsurance transactions are facilitated among insurers, brokers, and reinsurers. The company has 49 employees. The company was acqui-hired. Its focus areas include FinTech, Insurance IT, Insurance Policy Solutions and Insurance Trading.

Company details

ReLeague was established in 2015 in Mumbai, India, as a digital platform in the reinsurance sector. Global transactions are supported between insurance companies, reinsurance brokers, and reinsurers. Risks are assessed and underwritten for designated product types and premium levels in targeted territories. Confidentiality is ensured for risk details, which are shared selectively with chosen parties. Filtering is applied by countries, products, minimum premiums, industry sectors, firm orders, and related criteria.

  • Headquarters Mumbai, India
  • Employees 49
  • Founders Amrish Dudani, Tehseen Mehdi Dudani, Anurag Jaroli
  • Stage Acquired
  • Sectors
    Financial Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website releague.com
  • Acquired by Symbo Insurance (Aug 2018)
Key Metrics
  • Annual Revenue
    $312.35 K (USD)
    79
    as on Mar 31, 2021
  • Net Profit
    -$509.1 K (USD)
    -79
    as on Mar 31, 2021
  • Investors
  • Employee Count
    49
  • Acquired by

Investors in ReLeague

ReLeague has secured backing from 1 investor. Prominent investors backing the company include Symbo Insurance.

All
InvestorDescriptionFounded YearDomainLocation
Insurance products are compared, selected, and purchased online.
2017symboinsurance.comMumbai, India
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Investor details for ReLeague

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Board of directors of ReLeague

The boards of the 2 registered companies of ReLeague currently have 3 directors; the longest-serving is Kartik Poddar Kamalkumar, appointed in 2023. 24 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Kartik Poddar Kamalkumar
DIN 06612010
Director09 Oct 20233 yrs 1 moReleague Enterprises Private Limited, Symbo Southasia Enterprises Private Limited
Keyur Harshad Doshi
DIN 07693951
Director09 Oct 20233 yrs 1 moReleague Enterprises Private Limited
Mitesh Hastimal Jain
DIN 07336964
Director09 Oct 20233 yrs 1 moSymbo Southasia Enterprises Private Limited

People of ReLeague

3 people are tracked at ReLeague (3 in leadership); the tracked headcount is 49.

NameRoleGroup
Amrish Dudani
Co-Founder & DirectorLeadership
Tehseen Mehdi Dudani
Co-Founder & DirectorLeadership
Anurag Jaroli
Co-Founder & COOLeadership
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Financials of ReLeague

Figures of Releague Enterprises Private Limited, the primary company behind ReLeague, for FY 2025. Revenue was ₹27.3 Lakh (-5% year on year). Net loss was -₹6.6 Lakh (-24% margin). EBITDA was ₹19.9 Lakh (73% margin). Revenue has grown at a compounded annual rate of -45% over three years and +51% over five years.

  • ₹27.3 LakhRevenue · FY 2025 · -5% YoY
  • -₹6.6 LakhNet loss · -24% margin
  • ₹19.9 LakhEBITDA · 73% margin
  • ₹3 LakhPaid-up capital
  • -45%Revenue CAGR, 3 years
  • +51%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Releague Enterprises Private Limited are on its company page.

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Timeline of ReLeague

2 dated milestones of ReLeague across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded ReLeague is founded.
  2. Exit Acquired by Symbo Insurance.

Top companies in Insurance Technology & Support Services

2 companies that operate in the same segment as ReLeague (Insurance Technology & Support Services) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Insurance products for vehicles, health, travel, and life are offered.
2016Bengaluru, Karnataka, IndiaUSD 746.17 MUSD 216.04 M1,306
API-enabled insurance distribution platform is provided for B2C companies.
2011Noida, Uttar Pradesh, IndiaUSD 120.6 MUSD 42.44 M408
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Related news about Releague

Symbo acquires B2B reinsurance platform ReLeague
Theindianwire β€’ 8 years ago
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Verified entity values are shown only after access is granted.

Frequently Asked Questions about ReLeague

ReLeague was founded in 2015.

ReLeague is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

ReLeague has 49 employees.

Annual revenue of ReLeague is $312.35K as on Mar 31, 2021.

ReLeague was established in 2015 in Mumbai, India, as a digital platform in the reinsurance sector. Global transactions are supported between insurance companies, reinsurance brokers, and reinsurers. Risks are assessed and underwritten for designated product types and premium levels in targeted territories. Confidentiality is ensured for risk details, which are shared selectively with chosen parties. Filtering is applied by countries, products, minimum premiums, industry sectors, firm orders, and related criteria.

ReLeague has 1 investor. Key investors include Symbo Insurance.

ReLeague is associated with 2 legal entities: Releague Enterprises Private Limited, Symbo Southasia Enterprises Private Limited.

Yes. ReLeague was acquired by Symbo Insurance in August 2018.

The legal entities of ReLeague currently have 3 directors, including Kartik Poddar Kamalkumar, Keyur Harshad Doshi, Mitesh Hastimal Jain.

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