About Riskovery Insurance
Riskovery Insurance is a Financial Services company based in Delhi (India) founded in 2016. Insurance quotes for individuals are compared online across multiple categories. Its chief executive, as recorded, is Satindar Khanuja. Its Indian entity Riskovery Insurance Web Aggregator Private Limited reported revenue of ₹18.3 Lakh. Its focus areas include FinTech, Internet First Insurance Platforms, Insurance Comparison Platforms and Diversified. Similar companies include Policybazaar, InsuranceDekho and PB Fintech; 2 of its 3 listed similar companies have raised funding.
Company details
Riskovery Insurance was founded in 2016 and is based in Delhi, India. An online platform is operated to compare insurance quotes for individuals, covering life, health, senior citizen, auto, and commercial vehicle policies. Claims processing services are also provided. Partnerships are maintained with insurers such as Digit Insurance, Kotak General Insurance, Future Generali, and ICICI Lombard.
- Headquarters Delhi, India
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website riskoveryinsurance.com
- Social LinkedIn
- Legal Name Riskovery Insurance Web Aggregator Private Limited
- Date of Incorporation 27 Dec, 2016
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹18.3 Lakh
FY 2024 · +12% YoY
- Net Profit₹13,397
FY 2024 · 1% margin
- EBITDA₹2.9 Lakh
FY 2024 · 16% margin
Associated legal entities of Riskovery Insurance
Riskovery Insurance operates through Riskovery Insurance Web Aggregator 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 |
|---|---|---|---|---|---|---|---|
| Riskovery Insurance Web Aggregator Private Limited CIN U74999DL2016PTC309772 | Active | 27 Dec 2016 | New Delhi, Delhi | ₹0.2 Cr | 2 | View details |
Board of directors of Riskovery Insurance Web Aggregator Private Limited (Riskovery Insurance)
Riskovery Insurance Web Aggregator Private Limited is the primary company behind Riskovery Insurance. The board of Riskovery Insurance Web Aggregator Private Limited currently have 2 directors; the longest-serving is Mohinder Pal Singh, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mohinder Pal Singh DIN 07602011 | Director | 27 Dec 2016 | 9 yrs 10 mo | Riskovery Insurance Web Aggregator Private Limited |
| Varinder Kaur Bhatia DIN 07602027 | Director | 27 Dec 2016 | 9 yrs 10 mo | Riskovery Insurance Web Aggregator Private Limited |
People of Riskovery Insurance
1 people are tracked at Riskovery Insurance (1 in leadership).
| Name | Role | Group |
|---|---|---|
Satindar Khanuja | CEO | Leadership |
Complete people profiles for Riskovery Insurance
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Financials of Riskovery Insurance
Figures of Riskovery Insurance Web Aggregator Private Limited, the primary company behind Riskovery Insurance, for FY 2024. Revenue was ₹18.3 Lakh (+12% year on year). Net profit was ₹13,397 (1% margin). EBITDA was ₹2.9 Lakh (16% margin). Revenue has grown at a compounded annual rate of -8% over three years and +43% over five years.
- ₹18.3 LakhRevenue · FY 2024 · +12% YoY
- ₹13,397Net profit · 1% margin
- ₹2.9 LakhEBITDA · 16% margin
- ₹50 LakhPaid-up capital
- -8%Revenue CAGR, 3 years
- +43%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Riskovery Insurance Web Aggregator Private Limited are on its company page.
Detailed financial statements for Riskovery Insurance
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Similar companies to Riskovery Insurance
Riskovery Insurance has 3 listed similar companies in our database, 2 of them funded. They include Policybazaar, InsuranceDekho and PB Fintech.
| 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. | |
| pbfintech.in | 2008 | Gurugram, India | $443.26M | 286 | Online platform for insurance and lending products is operated. |
Detailed similar companies of Riskovery Insurance
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Top companies in Insurance Providers
3 companies that operate in the same segment as Riskovery Insurance (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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Related news about Riskovery Insurance
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Frequently Asked Questions about Riskovery Insurance
Riskovery Insurance was founded in 2016.
Riskovery Insurance is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Satindar Khanuja is the CEO of Riskovery Insurance, as recorded in our data.
The primary company behind Riskovery Insurance, Riskovery Insurance Web Aggregator Private Limited, reported revenue of ₹18.3 Lakh for FY 2024, up 12% year on year.
Riskovery Insurance was founded in 2016 and is based in Delhi, India. An online platform is operated to compare insurance quotes for individuals, covering life, health, senior citizen, auto, and commercial vehicle policies. Claims processing services are also provided. Partnerships are maintained with insurers such as Digit Insurance, Kotak General Insurance, Future Generali, and ICICI Lombard.
Riskovery Insurance's top competitors include Policybazaar, InsuranceDekho and PB Fintech.
Riskovery Insurance operates through Riskovery Insurance Web Aggregator Private Limited.
The legal entities of Riskovery Insurance currently have 2 directors, including Mohinder Pal Singh, Varinder Kaur Bhatia.