Royal Sundaram

Chennai, India Founded: 2001 • Age: 25 yrs
General Insurance
Annual revenue - Latest available
Total funding $209.8M 1 rounds
Employees 2511 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Royal Sundaram

Royal Sundaram is a company based in Chennai (India) founded in 2001 by Gudalur Kothanda Raman, S Ram, and Santhanam Viji. Royal Sundaram has raised $209.78 million across 1 funding round from investors including Ageas. The company has 2,511 employees as of March 30, 2024. Royal Sundaram operates in a competitive market with competitors including ICICI Lombard, Bajaj Finserv, Bajaj Allianz General Insurance, Reliance General and SarvaGram, among others.

  • Headquarter Chennai, India
  • Employees 2511 as on 30 Mar, 2024
  • Founders Gudalur Kothanda Raman, S Ram, Santhanam Viji
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Royal Sundaram General Insurance Co. Limited
  • Date of Incorporation 22 Aug, 2000
  • Jurisdiction Chennai, Tamil Nadu, India
Operational Areas
Financial Services → Insurance & Risk Management Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $209.78 M (USD)

    in 1 rounds

  • Latest Funding Round
    $209.78 M (USD), Private Equity Round

    Feb 22, 2019

  • Investors
  • Employee Count
    2511

    as on Mar 30, 2024

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People of Royal Sundaram

Headcount 1000-5000
Employee Profiles 23
Employee Profiles
People
Saumya Iyer
Head Of Learning, Development And Engagement
People
Sudha Suresh
Director
People
Hemkumar G
Head - HR Business Partner & Talent Acquisition
People
Gaurang T.
Head Digital Marketing And E-sales

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Funding Insights of Royal Sundaram

Royal Sundaram has successfully raised a total of $209.78M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $209.78 million completed in February 2019. 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.

Investors in Royal Sundaram

Royal Sundaram has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ageas.

All
Institutional
Investor Description Founded Year Domain Location
Insurance in property, casualty, life, and pensions is offered worldwide.
Locked Locked Locked
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Investor details for Royal Sundaram

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Investments & Acquisitions by Royal Sundaram

Investments
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Investment portfolio details for Royal Sundaram

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Financial Statements - Royal Sundaram

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Detailed financials for Royal Sundaram

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Royal Sundaram Comparisons

Royal Sundaram Primary company
Description
General Insurance
Location
Chennai, India
Founded Year
2001
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
2,511
As of 2024
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Peer comparison for Royal Sundaram

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Competitors of Royal Sundaram

Royal Sundaram operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ICICI Lombard, Bajaj Finserv, Bajaj Allianz General Insurance, Reliance General and SarvaGram, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Life, health, and general insurance services are provided across India.
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Financial solutions including loans and insurance are offered.
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Offers insurance for health, vehicles, travel, life, and commercial needs.
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General insurance services are provided across India by Reliance General.
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Provider of home, personal, farm and business loans
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General insurance services are provided in multiple categories.
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Detailed competitors of Royal Sundaram

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Latest news on Royal Sundaram

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Complete news archive for Royal Sundaram

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Frequently Asked Questions about Royal Sundaram

Royal Sundaram was founded in 2001 and raised its 1st funding round 18 years after it was founded.

Royal Sundaram is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Venkatasubramanian is the current CEO of Royal Sundaram.

Royal Sundaram is a funded company, having raised a total of $209.78M across 1 funding round to date.

As of Mar 30, 2024, the latest employee count at Royal Sundaram is 2,511.

Royal Sundaram was established in 2001 in Chennai, India, as a subsidiary of Sundaram Finance, marking it as the countrys first private general insurer. Various policies, including motor, health, accident, home, and travel insurance, are provided to individual customers. Corporate clients receive coverage for fire, marine, engineering, liability, and business interruption risks. Specialized products are also developed for small and medium enterprises as well as rural markets.

Royal Sundaram's top competitors include ICICI Lombard, Bajaj Finserv and SarvaGram.

Royal Sundaram has 1 investor. Key investors include Ageas.

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