
About Briezi Insuretech Private Limited
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Briezi Insuretech Private Limited is a private limited company based in Mysore, Karnataka, India, recognised as a startup by DPIIT. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 24 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2020PTC137642. Its GSTIN is 29AAJCB2127R1Z5 (Karnataka).
The company has an authorised share capital of ₹16 Lakh and a paid-up capital of ₹1.33 Lakh. It is led by director Bhagya.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at # 55 Paramahamsa Road Yadavagiri Near Joy Ice Cream Factory, Mysore, Karnataka, India – 570020.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.58 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹82.96 Lakh (net margin -226.8%) and EBITDA of -₹71.34 Lakh (EBITDA margin -195%).
The company is associated with 1 brand: Briezi. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹4.39 Cr; the latest was in March 2022. Its 5 peer companies in the Ecommerce and Internet industry (Finance), with the same principal business activity (other financial activities) are compared by revenue, 2 larger and 3 smaller; the largest is Veerat Finance and Investment Limited with revenue of ₹36.7 Lakh.
Briezi Insuretech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-22-0002820). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website briezi.com.
Company details
Recognitions & Rankings of Briezi Insuretech
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-KR-22-0002820
Contact details
Briezi Insuretech Private Limited's registered office is in Mysore, Karnataka. Its website is briezi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address# 55 Paramahamsa Road Yadavagiri Near Joy Ice Cream Factory, Mysore, Karnataka, India – 570020
- IndustryInternet, Online Financial Services
To see the full contact details of Briezi Insuretech Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Briezi Insuretech operates one associated brand: Briezi. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Platform for saving and managing family insurance policy details across types. | briezi.com |
Business activity
The main business activity of Briezi Insuretech is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Briezi Insuretech Private Limited, buy the company report.
Financials of Briezi Insuretech Private Limited
FY 2024 filings availableBriezi Insuretech Private Limited reported revenue of ₹36.58 Lakh (up 264% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 264% in the latest year. EBITDA rose 67% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹71.34 Lakh | ||||
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| Net Profit (PAT) | -₹82.96 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -195% | ||||
| Net Profit Margin | -226.8% | ||||
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To see the full financial statements and ratios of Briezi Insuretech Private Limited, buy the company report.
Board of directors and KMP of Briezi Insuretech Private Limited
Briezi Insuretech Private Limited currently reports 1 director and 1 key managerial person. 2 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Babu Chaluve Gowda | Ceo | 15 Jan 2022 | 4 Years 9 Months | Current |
| Bhagya | Director | 24 Aug 2020 | 6 Years 2 Months | Current |
Peer comparison
Briezi Insuretech Private Limited is compared with the 5 companies closest to it by revenue in the Ecommerce and Internet industry (Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Veerat Finance and Investment Limited | ₹36.7 Lakh (FY 2023) | -8.0% | Hyderabad, Telangana, India | |||
| Advansure Tech Private Limited | ₹36.69 Lakh (FY 2024) | 53.0% | Chennai, Tamil Nadu, India | |||
| Briezi Insuretech Private Limitedthis company | ₹36.58 Lakh (FY 2025) | -₹82.96 Lakh | -226.8% | 264.0% | Mysore, Karnataka, India | |
| Credwault Fintech Private Limited | ₹36.54 Lakh (FY 2025) | -67.0% | Mumbai, Maharashtra, India | |||
| South Delhi Motor Finance Private Ltd. | ₹36.5 Lakh (FY 2025) | -79.0% | New Delhi, Delhi, India | |||
| Aniruddh Motor and General Finance Private Limited | ₹36.48 Lakh (FY 2025) | 4.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Briezi Insuretech Private Limited, buy the company report.
Auditor
Briezi Insuretech Private Limited is audited by Ali & Prashanth for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ali & Prashanth | FY 2023 | 236702 |
Shareholding
The shareholding of Briezi Insuretech Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Briezi Insuretech Private Limited, buy the company report.
Deals & funding
Briezi Insuretech Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹4.39 Cr; the latest was in March 2022.
Deals on record (1 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Funding round | ₹2.49 Cr | Investors: 3 individuals |
To see the full deal history of Briezi Insuretech Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Briezi Insuretech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Briezi Insuretech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Briezi Insuretech Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
GST
Briezi Insuretech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCB2127R1Z5 | Karnataka | Active | 08 Feb 2021 |
To see the full GST registrations and return filing status of Briezi Insuretech Private Limited, buy the company report.
Recent activity
Briezi Insuretech Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Sathyanarayana Prafulla ceased to be Director on 08 May 2024.
Frequently asked questions
Briezi Insuretech is an active private limited company based in Mysore, Karnataka, India. The company works in online financial services, within the internet industry. It was incorporated on 24 August 2020 (6+ years old) and is registered under CIN U74999KA2020PTC137642.
Briezi Insuretech has 2 current directors and KMP:
- Bhagya - Director
- Vinay Babu Chaluve Gowda - Ceo
The latest financial statements of Briezi Insuretech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Briezi Insuretech is 29AAJCB2127R1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Briezi Insuretech is U74999KA2020PTC137642. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Briezi Insuretech was incorporated on 24 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Briezi Insuretech has 2 deals on record (2 funding rounds), with disclosed funding of ₹4.39 Cr; the latest was in March 2022.
The peers of Briezi Insuretech by revenue are Veerat Finance and Investment Limited, Advansure Tech Private Limited, Credwault Fintech Private Limited, South Delhi Motor Finance Private Ltd, Aniruddh Motor and General Finance Private Limited, all in the Ecommerce and Internet industry (Finance), with the same principal business activity (other financial activities).
Sathyanarayana Prafulla ceased to be Director on 08 May 2024. Vinay Babu Chaluve Gowda ceased to be Additional Director on 30 Sep 2022. Vinay Babu Chaluve Gowda was appointed as CEO on 15 Jan 2022. Briezi Insuretech has 4 board changes on record in total.
Yes, Briezi Insuretech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Briezi Insuretech is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-22-0002820).