About SBI General
SBI General is a Financial Services company based in Mumbai (India) founded in 2009. General insurance services are provided in multiple categories. SBI General has raised $85.36 million across 3 funding rounds from investors including State Bank of India, Avendus and Warburg Pincus. The company has 6,795 employees. SBI General was last valued at $3.86 billion in April 2023. Its chief executive, as recorded, is Naveen Chandra Jha. Its website sbigeneral.in draws about 1.1 million monthly visits. Its Indian entity Sbi General Insurance Company Limited reported revenue of ₹334 Cr. SBI General offers products and services including Health Insurance, Motor Insurance, Home Insurance, Travel Insurance, and Cyber Insurance. Its focus areas include Insurance Carriers and Diversified. Its competitors include ICICI Lombard, Bajaj Finserv and SarvaGram; 2 of its 3 listed competitors have raised funding.
Company details
SBI General was established in 2009 and is based in Mumbai, India. Operations center on the general insurance sector, where a variety of products are offered, including health, motor, home, travel, personal accident, life, agriculture, business, and cyber coverage. Services are extended to individuals and businesses across the Indian market, addressing key risks in personal and commercial domains.
- Headquarters Mumbai, India
- Employees 6,795
- SectorsFinancial Services
- Website category Finance · Insurance
- Email••••••••
- Phone•••• ••••
- Website sbigeneral.in
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Sbi General Insurance Company Limited
- Date of Incorporation 24 Feb, 2009
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹334 Cr
FY 2024 · -6% YoY
- Total Equity Funding$85.36M (USD)
in 3 rounds
- Latest Funding Round$84.33M (USD), Seed
Apr 2023
- InvestorsState Bank of India
& 8 more
- Employee Count6,795
Associated legal entities of SBI General
SBI General operates through Sbi General Insurance Company 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 |
|---|---|---|---|---|---|---|---|
| Sbi General Insurance Company Limited CIN U66000MH2009PLC190546 | Active | 24 Feb 2009 | Mumbai, Maharashtra | ₹334 Cr | 6,795 | 13 | View details |
Products & Services of SBI General
SBI General offers a comprehensive portfolio of products and services, including Health Insurance, Motor Insurance, Home Insurance, Travel Insurance, and Cyber Insurance.
Covers medical expenses and health risks for individuals.
Provides vehicle coverage for accidents and damages.
Offers protection for homes and belongings against risks.
Insures trips for emergencies and cancellations.
Protects against digital threats and data breaches.
Apps and channels of SBI General
SBI General publishes 2 mobile apps with over 1M+ downloads; its YouTube channel SBI General Insurance has 10.3K subscribers and 30 videos.
Videos from SBI General
The most watched videos on SBI General's YouTube channel, SBI General Insurance (10.3K subscribers). Click a video to play it here.
More on SBI General Insurance.
Funding Insights of SBI General
SBI General has successfully raised a total of $85.36M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $84.33 million completed in April 2023. 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 $85.36M
- Total Rounds 3
- Last Round Seed — $84.33M
- First Round $885,481
(Sep 2021)
- Investors Count 9
All 3 funding rounds of SBI General with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2023 | $84.33M | Seed | $3.86B | Warburg Pincus, SBI | |
| Oct 2022 | $135,342 | Angel Round | $1.5B | Shri Alok Chawla | – |
| Sep 2021 | $885,481 | Angel Round | $••••• | Amar Bakul Joshi |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2023 | $3.86B | •••••••• |
| Oct 2022 | $1.5B | •••••••• |
| Sep 2021 | $••••• | •••••••• |
Full valuation and stage history of SBI General
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Verified entity values are shown only after access is granted.
Last known valuation $3.86B (Apr 2023). 9 investors in total: 5 institutional and 4 angel.
Investors in SBI General
SBI General has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include State Bank of India, Avendus and Warburg Pincus.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multi-stage private equity investments are pursued across diverse sectors. | 1966 | warburgpincus.com | New York, United States | |
Provides venture capital for technology startups and enterprise innovations worldwide. | premjiinvest.com | Bengaluru, India | ||
Private equity firm focused on multiple sectors | Bengaluru, India | |||
Corporate advisory and investment services are provided to clients. | 1999 | avendus.com | Mumbai, India | |
Commercial banking and financial services are provided to diverse clients. | 1806 | sbi.co.in | Mumbai, India | |
SA Shri Alok Chawla | unknown_c415e4e3053a428c8 | |||
AB Amar Bakul Joshi | unknown_4c4190f4d7c2468e9 | |||
MK Mahendra Kumar Tripathi | unknown_5e06daad43fb47e99 | |||
SS Sana Siddharth | unknown_293a7d3e69d845bfa |
Investor details for SBI General
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Board of directors of Sbi General Insurance Company Limited (SBI General)
Sbi General Insurance Company Limited is the primary company behind SBI General. The board of Sbi General Insurance Company Limited currently have 10 directors; the longest-serving is Tekkethalakal Kurien Kurien, appointed in 2020. 48 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Tekkethalakal Kurien Kurien DIN 03009368 | Director | 08 May 2020 | 6 yrs 5 mo | Sbi General Insurance Company Limited |
| Srinivasan Chakrapani Shakotai DIN 02327433 | Director | 23 Sep 2022 | 4 yrs 1 mo | Sbi General Insurance Company Limited |
| Pravin Hari Kutumbe DIN 01629256 | Director | 14 Mar 2023 | 3 yrs 7 mo | Sbi General Insurance Company Limited |
| Deepak Ishwarbhai Amin DIN 01289453 | Director | 20 Oct 2023 | 3 yrs | Sbi General Insurance Company Limited |
| Ashwini Kumar Tewari DIN 08797991 | Nominee Director | 18 Jan 2024 | 2 yrs 9 mo | Sbi General Insurance Company Limited |
| Naveen Chandra Jha DIN 10649370 | CEO | 18 Jun 2024 | 2 yrs 4 mo | Sbi General Insurance Company Limited |
| Challa Sreenivasulu Setty DIN 08335249 | Nominee Director | 13 Nov 2024 | 1 yr 11 mo | Sbi General Insurance Company Limited |
| Suchita Gupta DIN 08697650 | Director | 02 Jun 2025 | 1 yr 5 mo | Sbi General Insurance Company Limited |
| Atul Srivastava DIN 11294007 | Nominee Director | 09 Oct 2025 | 1 yr | Sbi General Insurance Company Limited |
| Atul Sahai DIN 07542308 | Additional Director | 29 Jan 2026 | 9 mo | Sbi General Insurance Company Limited |
People of SBI General
7 people are tracked at SBI General (3 in leadership, 4 in team); the tracked headcount is 6,795.
| Name | Role | Group |
|---|---|---|
| CEO & MD | Leadership | |
Jitendra Attra | Chief Financial Officer | Leadership |
Umesh Kedar | Chief Manager | Leadership |
Kaushik Sengupta | AVP Finance | Team |
Yash Sahay | Financial Planning And Analysis Manager | Team |
Balram Agarwal | IFRS Reporting Manager | Team |
Rakesh Rathi | Financial Controller | Team |
Complete people profiles for SBI General
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Financials of SBI General
Figures of Sbi General Insurance Company Limited, the primary company behind SBI General, for FY 2024. Revenue was ₹334 Cr (-6% year on year). Revenue has grown at a compounded annual rate of -23% over three years and -7% over five years.
- ₹334 CrRevenue · FY 2024 · -6% YoY
- ₹224 CrPaid-up capital
- 6,795Employees (provident fund records)
- -23%Revenue CAGR, 3 years
- -7%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Sbi General Insurance Company Limited are on its company page.
Detailed financial statements for SBI General
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of SBI General
4 dated milestones of SBI General across 14 years, from founding to its latest funding, stage changes and deals.
- Founded SBI General is founded.
- Funding First funding round of $885K.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Seed, of $84.3M.
Competitors of SBI General
SBI General has 3 listed competitors in our database, 2 of them funded. They include ICICI Lombard, Bajaj Finserv and SarvaGram.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| icicilombard.com | 2001 | Mumbai, India | $306.52M | 15,275 | Life, health, and general insurance services are provided across India. | |
| bajajfinserv.in | 2007 | Pune, India | 53,782 | Financial solutions including loans and insurance are offered. | ||
| sarvagram.com | 2018 | Pune, India | $118.01M | 2,468 | Provider of home, personal, farm and business loans |
Detailed competitors of SBI General
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of SBI General
The website of SBI General (sbigeneral.in) receives about 1.1M visits a month and ranks #61,387 among all websites worldwide, #3,863 in Insurance.
- Monthly visits1.1M
▲ 38.7% vs previous month
- Unique visitors346.5K
per month
- Global rank#61,387
among all websites
- Category rank#3,863
Finance · Insurance
- Bounce rate59%
- Pages per visit3.7
- Average visit3 min 03 sec
- DevicesDesktop 31% · Mobile 69%
Websites whose visitors overlap most with SBI General. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| hdfcergo.com | 100% | 4.4M | #11,947 | View details | |
| tataaig.com | 90% | 3.9M | #13,750 | View details | |
| sbilife.co.in | 88% | 2.6M | #17,630 | View details | |
| acko.com | 87% | 4.5M | #11,608 | View details | |
| bajajallianz.com | 84% | 795.1K | #55,684 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for SBI General
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Top companies in Insurance & Risk Management
3 companies that operate in the same segment as SBI General (Insurance & Risk Management) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Health insurance plans are offered for individuals and families. | 2006 | Chennai, Tamil Nadu, India | USD 783.29 M | USD 1.9 B | 15,820 | |
Life, health, and general insurance services are provided across India. | 2001 | Mumbai, Maharashtra, India | USD 306.52 M | USD 2.88 B | 16,700 | |
Financial solutions including loans and insurance are offered. | 2007 | Pune, Maharashtra, India | USD 15.24 B | 126 |
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Related news about Sbi General
Complete news archive for SBI General
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Articles about SBI General on our blog
Frequently Asked Questions about SBI General
SBI General was founded in 2009 and raised its 1st funding round 12 years after it was founded.
SBI General is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Naveen Chandra Jha is the CEO of SBI General, as recorded in our data.
SBI General is a funded company, having raised a total of $85.36M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $885.48K, raised on Sep 2021.
SBI General has 6,795 employees.
The primary company behind SBI General, Sbi General Insurance Company Limited, reported revenue of ₹334 Cr for FY 2024, down 6% year on year.
SBI General was established in 2009 and is based in Mumbai, India. Operations center on the general insurance sector, where a variety of products are offered, including health, motor, home, travel, personal accident, life, agriculture, business, and cyber coverage. Services are extended to individuals and businesses across the Indian market, addressing key risks in personal and commercial domains.
SBI General's top competitors include ICICI Lombard, Bajaj Finserv and SarvaGram.
SBI General offers Health Insurance, Motor Insurance, Home Insurance, Travel Insurance, and Cyber Insurance.
SBI General has 9 investors. Key investors include State Bank of India, Avendus, Warburg Pincus, Premji Invest, and Napean Opportunities.
The valuation of SBI General is $3.86B as of Apr 2023.
SBI General operates through Sbi General Insurance Company Limited.