About Sabkasaathi
Sabkasaathi is a company based in Mumbai (India) founded in 2014 by Bhushan Patil and Harsh Upadhyaya. Sabkasaathi has raised $1.24 million across 2 funding rounds from investors including Sandeep Pangal. The company has 1 employees as of April 08, 2024. Sabkasaathi operates in a competitive market with competitors including Policybazaar, InsuranceDekho, BankBazaar, PB Fintech and Turtlemint, among others.
- Headquarter Mumbai, India
- Employees 1 as on 08 Apr, 2024
- Founders Bhushan Patil, Harsh Upadhyaya
- Stage Minicorn
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Clever Wizards Solutions Private Limited
- Date of Incorporation 15 Sep, 2009
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$1.62 M (USD)64.37as on Mar 31, 2018
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Net Profit
-$706.81 K (USD)-106.92as on Mar 31, 2018
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EBITDA
-$597.73 K (USD)-119.09as on Mar 31, 2018
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Total Equity Funding
$1.24 M (USD)
in 2 rounds
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Latest Funding Round
$1.15 M (USD), Seed
Mar 30, 2017
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Investors
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Employee Count
1
as on Apr 08, 2024
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Funding Insights of Sabkasaathi
Sabkasaathi has successfully raised a total of $1.24M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.15 million completed in March 2017. 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 Total Funding
- Total Rounds 2
- Last Round Seed — $1.2M
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First Round
First Round
(23 Mar 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2017 | Amount | Seed - Sabkasaathi | Valuation | Sandeep Pangal |
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| Mar, 2016 | Amount | Seed - Sabkasaathi | Valuation |
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Investors in Sabkasaathi
Sabkasaathi has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Sandeep Pangal.
| Investor | Description | Founded Year | Domain | Location |
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SP
Sandeep Pangal |
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Founded Year | Domain | Location |
Investments & Acquisitions by Sabkasaathi
Financial Statements - Sabkasaathi
Sabkasaathi Comparisons
Competitors of Sabkasaathi
Sabkasaathi 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 Policybazaar, InsuranceDekho, BankBazaar, PB Fintech and Turtlemint, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Insurance plans are compared and purchased via an online marketplace.
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| domain | founded_year | HQ Location |
Online insurance policies are compared and purchased through the platform.
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| domain | founded_year | HQ Location |
Financial products, loans, and credit scores are aggregated and compared.
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| domain | founded_year | HQ Location |
Online platform for insurance and lending products is operated.
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| domain | founded_year | HQ Location |
Provider of platform for comparing and purchasing insurance, loans, and funds
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| domain | founded_year | HQ Location |
A B2B platform is provided for distributing financial products.
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Latest news on Sabkasaathi
Frequently Asked Questions about Sabkasaathi
Sabkasaathi was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Sabkasaathi is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Sabkasaathi is a funded company, having raised a total of $1.24M across 2 funding rounds to date. The company's 1st funding round was a Seed of $90.26K, raised on Mar 23, 2016.
As of Apr 08, 2024, the latest employee count at Sabkasaathi is 1.
Annual revenue of Sabkasaathi is $1.62M as on Mar 31, 2018.
Sabkasaathi was founded in 2014 in Mumbai, India, as an online comparison platform within the fintech sector. Requirements for various financial products are submitted by users through a portal, after which offers from partner institutions are provided. Covered categories include home loans, personal loans, auto loans, education loans, life insurance, health insurance, and auto insurance. Operations focus on facilitating access to these services for consumers.
Sabkasaathi's top competitors include Policybazaar, BankBazaar and InsuranceDekho.
Sabkasaathi has 1 investor. Key investors include Sandeep Pangal.
The valuation of Sabkasaathi is $4.18M as of Mar 2017.