Symbo Insurance

Mumbai, India Founded: 2017 • Age: 9 yrs
Insurance products are compared, selected, and purchased online.
Annual revenue $202,819 Latest available
Total funding - Funding intelligence
Employees 25 Tracked headcount
Investors - Known backers
Products 6 Services tracked
Competitors 9 Brand Intelligence

About Symbo Insurance

Symbo Insurance is a company based in Mumbai (India) founded in 2017 by Mitesh Hastimal Jain. The company has 25 employees as of April 04, 2024. Symbo Insurance has completed 2 acquisitions, including ReLeague and Vivant. Symbo Insurance offers products and services including Health Insurance, Term Insurance, ULIP Insurance, Travel Insurance, and Car Insurance. Symbo Insurance operates in a competitive market with competitors including Policybazaar, InsuranceDekho, Riskcovry, PB Fintech and Xceedance, among others.

  • Headquarter Mumbai, India
  • Employees 25 as on 04 Apr, 2024
  • Founders Mitesh Hastimal Jain
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Symbo India Insurance Broking Private Limited
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $202.82 K (USD)
    -41
    as on Mar 31, 2022
  • Net Profit
    -$1.2 M (USD)
    13.9
    as on Mar 31, 2022
  • EBITDA
    -$1.2 M (USD)
    12.3
    as on Mar 31, 2022
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    25

    as on Apr 04, 2024

  • Investments & Acquisitions
    ReLeague

    & 1 more

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Products & Services of Symbo Insurance

Symbo Insurance offers a comprehensive portfolio of products and services, including Health Insurance, Term Insurance, ULIP Insurance, Travel Insurance, and Car Insurance.

Product name locked
Category locked
Primary

Online service for purchasing health coverage policies

Product name locked
Category locked
Locked

Platform for buying term life insurance policies

Product name locked
Category locked
Locked

Service offering unit-linked insurance plans

Product name locked
Category locked
Locked

Online tool for acquiring travel protection policies

Product name locked
Category locked
Locked

Platform to purchase vehicle insurance for cars

Product name locked
Category locked
Locked

Service for buying two-wheeler insurance coverage

Funding Insights of Symbo Insurance

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Detailed funding history for Symbo Insurance

Round names, dates, amounts, investors, and valuation history require an active premium plan.

  • Round names and dates
  • Funding amounts
  • Participating investors
  • Valuation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Symbo Insurance

Symbo Insurance has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include ReLeague and Vivant.

Investments
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Investment portfolio details for Symbo Insurance

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Health records are managed via an online platform for users.
Locked Locked 2017 Locked
Global reinsurance transactions are facilitated among insurers, brokers, and reinsurers.
Locked Locked 2015 Locked
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Complete acquisition details for Symbo Insurance

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Symbo Insurance

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Detailed financials for Symbo Insurance

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  • Profit trends
  • Statement rows
  • Financial ratios

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Symbo Insurance Comparisons

Symbo Insurance Primary company
Description
Insurance products are compared, selected, and purchased onl...
Location
Mumbai, India
Founded Year
2017
Annual Revenue
$202.82 K (USD)
Net Profit
-$1.2 M (USD)
EBITDA
-$1.2 M (USD)
Employees
25
As of 2024
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Peer comparison for Symbo Insurance

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Symbo Insurance

Symbo Insurance 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, Riskcovry, PB Fintech and Xceedance, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Insurance plans are compared and purchased via an online marketplace.
Locked Locked Locked
Online insurance policies are compared and purchased through the platform.
Locked Locked Locked
A platform for digital insurance distribution and management is provided.
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Online platform for insurance and lending products is operated.
Locked Locked Locked
Provides operations, technology, and data services to insurers worldwide.
Locked Locked Locked
Cloud-based life and non-life insurance platform for the insurance and pension industry
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Detailed competitors of Symbo Insurance

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  • Domains and locations
  • Full company profiles
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Verified entity values are shown only after access is granted.

Latest news on Symbo Insurance

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Complete news archive for Symbo Insurance

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Symbo Insurance

Symbo Insurance was founded in 2017.

Symbo Insurance is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

As of Apr 04, 2024, the latest employee count at Symbo Insurance is 25.

Annual revenue of Symbo Insurance is $202.82K as on Mar 31, 2022.

Symbo Insurance was founded in 2017 in Mumbai, India, as an online platform in the insurance sector. Various insurance products, including health, travel, life, and car coverage, are compared, selected, and purchased through the service. Operations focus on facilitating user access to these options via the domain symboinsurance.com, with key leadership provided by Co-Founder and CTO Mitesh Hastimal Jain.

Symbo Insurance's top competitors include Policybazaar, InsuranceDekho and PB Fintech.

Symbo Insurance offers Health Insurance, Term Insurance, ULIP Insurance, Travel Insurance, and 2 more products and services.

Symbo Insurance has made 2 acquisitions, including ReLeague, and Vivant.

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