About SecureNow
SecureNow is a company based in Delhi (India) founded in 2011 by Abhishek Bondia and Kapil Mehta. SecureNow has raised $13.33 million across 4 funding rounds from investors including Elevar Equity, Apis Partners and Charan Singh. The company has 167 employees as of April 06, 2024. SecureNow offers products and services including Group Health Insurance, Motor Insurance, Family Health Insurance, Workmen Compensation, and Directors & Officers Liability. SecureNow operates in a competitive market with competitors including Policybazaar, InsuranceDekho, Turtlemint, PB Fintech and Finhaat, among others.
- Headquarter Delhi, India
- Employees 167 as on 06 Apr, 2024
- Founders Abhishek Bondia, Kapil Mehta
- Stage Minicorn
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Sectors
Financial Services
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Phone
Locked
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Website
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Social
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- Legal Name Securenow Insurance Broker Pvt. Ltd.
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$1.05 M (USD)26.38as on Mar 31, 2017
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Net Profit
-$200.84 K (USD)-690.62as on Mar 31, 2017
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EBITDA
-$246.23 K (USD)-333.59as on Mar 31, 2017
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Total Equity Funding
$13.33 M (USD)
in 4 rounds
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Latest Funding Round
$6 M (USD), Series B
Feb 18, 2021
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Investors
Elevar Equity
& 5 more
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Employee Count
167
as on Apr 06, 2024
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Products & Services of SecureNow
SecureNow offers a comprehensive portfolio of products and services, including Group Health Insurance, Motor Insurance, Family Health Insurance, Workmen Compensation, and Directors & Officers Liability.
Provides coverage for employee health needs through group plans.
Offers protection for vehicles against accidents and damages.
Delivers comprehensive medical coverage for families.
Ensures compensation for workplace injuries to employees.
Protects executives from legal claims related to decisions.
People of SecureNow
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Funding Insights of SecureNow
SecureNow has successfully raised a total of $13.33M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $6 million completed in February 2021. 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 SecureNow
SecureNow has secured backing from 6 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Elevar Equity, Apis Partners and Charan Singh.
| Investor | Description | Founded Year | Domain | Location |
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Private equity and venture capital asset management firm
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Investing in early growth for inclusive businesses in education, healthcare, and e-commerce.
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Investor details for SecureNow
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by SecureNow
Investment portfolio details for SecureNow
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- Portfolio identities
- Transaction dates
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Financial Statements - SecureNow
Detailed financials for SecureNow
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- Profit trends
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Securenow Comparisons
Peer comparison for SecureNow
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of SecureNow
SecureNow 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, Turtlemint, PB Fintech and Finhaat, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Insurance plans are compared and purchased via an online marketplace.
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Online insurance policies are compared and purchased through the platform.
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Provider of platform for comparing and purchasing insurance, loans, and funds
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Online platform for insurance and lending products is operated.
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A B2B platform is provided for distributing financial products.
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Digital insurance platform offering policy comparison across multiple insurance categories
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Detailed competitors of SecureNow
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Verified entity values are shown only after access is granted.
Latest news on Securenow
Complete news archive for SecureNow
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Frequently Asked Questions about SecureNow
SecureNow was founded in 2011 and raised its 1st funding round 5 years after it was founded.
SecureNow is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Kapil Mehta is the current CEO of SecureNow. They have also founded this company.
SecureNow is a funded company, having raised a total of $13.33M across 4 funding rounds to date.
As of Apr 06, 2024, the latest employee count at SecureNow is 167.
Annual revenue of SecureNow is $1.05M as on Mar 31, 2017.
SecureNow was founded in 2011 in Delhi, India, within the insurance sector. An online platform is operated for comparing life and non-life insurance options. Quotes are provided for health, motor, travel, employee compensation, marine, liability, indemnity insurance, and additional types. Claim assistance solutions are offered to support users in processing claims.
SecureNow's top competitors include Policybazaar, InsuranceDekho and PB Fintech.
SecureNow offers Group Health Insurance, Motor Insurance, Family Health Insurance, Workmen Compensation, and Directors & Officers Liability.
SecureNow has 6 investors. Key investors include Elevar Equity, Apis Partners, Charan Singh, Landfalls, and Ashish Goyal.
The valuation of SecureNow is $16.7M as of May 2019.