SurakshitU

Bengaluru, India Founded: 2022 • Age: 4 yrs
Life insurance solutions are provided to workers by SurakshitU.

About SurakshitU

SurakshitU is a Financial Services company based in Bengaluru (India) founded in 2022 by Sonal Agrawal. Life insurance solutions are provided to workers by SurakshitU. The company has 1 employees. Its focus areas include Insurance Distribution and Life. Its legal entity in India is Surakshitu Solutions Private Limited (U67100KA2022PTC166619).

Company details

SurakshitU was established in 2022 in Bengaluru, India, by founder Sonal Agrawal. Operations center on the insurance sector, where life insurance products are tailored specifically for workers. Coverage options are delivered via the domain surakshitu.com, addressing needs within the Indian workforce. Services emphasize accessibility and protection for employees across various industries, with a focus on regional operations.

Key Metrics
  • Annual Revenue
    $370.61 (USD)
    as on Mar 31, 2023
  • Net Profit
    -$774.14 (USD)
    as on Mar 31, 2023
  • EBITDA
    -$714.02 (USD)
    as on Mar 31, 2023
  • Latest Funding Round
    $59.71K (USD), Grant

    Jul 2024

  • Investors
  • Employee Count
    1

Funding Insights of SurakshitU

  • Total Rounds 1
  • Last Round Grant β€” $59,711
  • First Round $59,711

    (Jul 2024)

  • Investors Count 2

All 1 funding rounds of SurakshitU with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2024$59,711Grant–Social Alpha
Valuation history

2 investors in total: 2 institutional.

Investors in SurakshitU

SurakshitU has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Social Alpha and Migrants Resilience Collaborative.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Sustainable startups are supported via innovation curation and venture funding.
socialalpha.orgBengaluru, India
A collaborative focused on social protection for vulnerable migrants is operated.
2022migrantresilience.org
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Investor details for SurakshitU

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Surakshitu Solutions Private Limited (SurakshitU)

Surakshitu Solutions Private Limited is the primary company behind SurakshitU. The board of Surakshitu Solutions Private Limited currently have 3 directors; the longest-serving is Parimita Patra, appointed in 2022.

DirectorDesignationAppointedTenureEntity
Parimita Patra
DIN 09752378
Director29 Sep 20224 yrs 1 moSurakshitu Solutions Private Limited
Sonal Agrawal
DIN 09752379
Director29 Sep 20224 yrs 1 moSurakshitu Solutions Private Limited
Vivek Anand
DIN 07542371
Director29 Sep 20224 yrs 1 moSurakshitu Solutions Private Limited

People of SurakshitU

1 people are tracked at SurakshitU (1 in leadership); the tracked headcount is 1.

NameRoleGroup
FounderLeadership
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Complete people profiles for SurakshitU

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of SurakshitU

2 dated milestones of SurakshitU across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded SurakshitU is founded.
  2. Funding First funding round of $60K.

Top companies in Insurance & Risk Management

3 companies that operate in the same segment as SurakshitU (Insurance & Risk Management) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Health insurance plans are offered for individuals and families.
2006Chennai, Tamil Nadu, IndiaUSD 783.29 MUSD 1.9 B15,820
Life, health, and general insurance services are provided across India.
2001Mumbai, Maharashtra, IndiaUSD 306.52 MUSD 2.88 B16,700
Financial solutions including loans and insurance are offered.
2007Pune, Maharashtra, IndiaUSD 15.24 B126
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Frequently Asked Questions about SurakshitU

SurakshitU was founded in 2022 and raised its 1st funding round 2 years after it was founded.

SurakshitU is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

SurakshitU has 1 employees.

Annual revenue of SurakshitU is $370.61 as on Mar 31, 2023.

SurakshitU was established in 2022 in Bengaluru, India, by founder Sonal Agrawal. Operations center on the insurance sector, where life insurance products are tailored specifically for workers. Coverage options are delivered via the domain surakshitu.com, addressing needs within the Indian workforce. Services emphasize accessibility and protection for employees across various industries, with a focus on regional operations.

SurakshitU has 2 investors. Key investors include Social Alpha, and Migrants Resilience Collaborative.

SurakshitU operates through Surakshitu Solutions Private Limited.

The legal entities of SurakshitU currently have 3 directors, including Parimita Patra, Sonal Agrawal, Vivek Anand.

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