About Way2wealth Insurance Brokers Private Limited
Data last updated: 26 February 2026
Way2wealth Insurance Brokers Private Limited is a private limited company based in Bangalore North, Karnataka, India, a subsidiary of Shriram Capital Limited. It specialises in insurance brokerage and advisory, a part of the broader financial services sector. Incorporated on 27 May 2003, the company has been in operation for over 23 years.
Registered with ROC Bangalore under CIN U66010KA2003PTC032003.
Capital: an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. Formerly known as Total Insurance Brokers Private Limited and Total Insurance Solutions Private Limited. It is led by directors including Venkatesh Nagaraj Badithe and Sundaraseelan Philip Samuel.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Bangalore North, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.2 Cr, a growth of 41% compared to the previous year.
The company has a workforce of approximately 84 employees as per the latest available data. It operates as a subsidiary of Shriram Capital Limited.
The company is associated with 2 brands - Insurecorrect, Way2wealth.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website way2wealth.com.
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EmailLocked
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Registered AddressRukmini Towers 2Nd Floor, 3/1 Platform Road, Bangalore North, Karnataka, India – 560020
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IndustryFinancial Services, Insurance Brokerage & Advisory
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Way2wealth Insurance Brokers Private Limited
Way2wealth Insurance Brokers Private Limited has undergone 2 name changes throughout its history. The company was previously known as Total Insurance Brokers Private Limited, and Total Insurance Solutions Private Limited. The current legal name is Way2Wealth Insurance Brokers Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Way2wealth Insurance Brokers Private Limited | Current |
| Total Insurance Brokers Private Limited | Previous |
| Total Insurance Solutions Private Limited | Previous |
Associated Brands with Way2wealth Insurance Brokers Private Limited
Way2wealth Insurance Brokers Private Limited operates two associated brands: InsureCorrect and Way2Wealth. These brands represent Way2wealth Insurance Brokers Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Operates a platform for comparing various insurance products. | insurecorrect.com | |
| Stock broking and trading in equities, commodities, currencies are managed. | way2wealth.com |
Competitors & Alternatives of Way2wealth Insurance Brokers Private Limited
Brands and companies operating in the same space as Way2wealth Insurance Brokers Private Limited include Policybazaar, InsuranceDekho, PB Fintech and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Policybazaar
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Insurance plans are compared and purchased via an online marketplace. | Gurugram, India, India | 2008 |
InsuranceDekho
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Online insurance policies are compared and purchased through the platform. | Gurugram, India, India | 2016 |
PB Fintech
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Online platform for insurance and lending products is operated. | Gurugram, India, India | 2008 |
Finhaat
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A B2B platform is provided for distributing financial products. | Mumbai, India, India | 2021 |
Turtlemint
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Provider of platform for comparing and purchasing insurance, loans, and funds | Mumbai, India, India | 2015 |
QuickInsure
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Online platform for comparing and buying insurance policies is operated. | Pune, India, India | 2016 |
Probus Insurance
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Digital insurance platform offering policy comparison across multiple insurance categories | Mumbai, India, India | 2002 |
Business Activity of Way2wealth Insurance Brokers Private Limited
Way2wealth Insurance Brokers Private Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
Business activity turnover details for Way2wealth Insurance Brokers Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Way2wealth Insurance Brokers Private Limited
Way2wealth Insurance Brokers Private Limited is audited by PIJUSH GUPTA & CO for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PIJUSH GUPTA & CO | Locked | Locked | Locked |
Complete auditor history for Way2wealth Insurance Brokers Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Way2wealth Insurance Brokers Private Limited
Way2wealth Insurance Brokers Private Limited is currently managed by 4 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesh Nagaraj Badithe | Director | 23 Nov 2007 | 18 Years 8 Months | Current |
| Sundaraseelan Philip Samuel | Additional Director | 15 Jul 2025 | 1 Years 0 Months | Current |
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Narayan Mohan Raj
Also directs:
Shriram Dth Private Limited, Road Safety Club Private Limited
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Additional Director | 11 Nov 2025 | 0 Years 8 Months | Current |
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Lakshmi Narasimhan Subrahmaniannaganathan
Also directs:
Shriram Dth Private Limited
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Additional Director | 11 Nov 2025 | 0 Years 8 Months | Current |
Financials of Way2wealth Insurance Brokers Private Limited FY 2025 filings available
Way2wealth Insurance Brokers Private Limited reported revenue of ₹18.2 Cr (up 41.00% YoY) for FY 2024.
Ten-year financial statements for Way2wealth Insurance Brokers Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Way2wealth Insurance Brokers Private Limited
Shareholding and ownership data for Way2wealth Insurance Brokers Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings Way2wealth Insurance Brokers Private Limited
Way2wealth Insurance Brokers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Way2wealth Insurance Brokers Private Limited
Way2wealth Insurance Brokers Private Limited has a workforce of 84 employees as of Apr 05, 2024.
Employee and EPFO history for Way2wealth Insurance Brokers Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Way2wealth Insurance Brokers Private Limited
GST registrations and filing compliance for Way2wealth Insurance Brokers Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Way2wealth Insurance Brokers Private Limited
Credit ratings, litigation, and regulatory alerts for Way2wealth Insurance Brokers Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Way2wealth Insurance Brokers Private Limited
MSME payment history for Way2wealth Insurance Brokers Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Way2wealth Insurance Brokers Private Limited
Corporate group structure for Way2wealth Insurance Brokers Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Way2wealth Insurance Brokers Private Limited
MCA filings and documents for Way2wealth Insurance Brokers Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Way2wealth Insurance Brokers Private Limited
Recent News on Way2wealth Insurance Brokers Private Limited
Frequently Asked Questions about Way2wealth Insurance Brokers Private Limited
Way2wealth Insurance Brokers Private Limited is an active private limited company in the financial services sector based in Bangalore North, Karnataka, India. It was incorporated on 27 May 2003 (23+ years old) and is registered under CIN U66010KA2003PTC032003. The company has 84 employees.
Way2wealth Insurance Brokers Private Limited reported revenue of ₹18.2 Cr for FY 2024 (up 41.00% YoY).
The current directors of Way2wealth Insurance Brokers Private Limited are:
- Venkatesh Nagaraj Badithe - Director
- Sundaraseelan Philip Samuel - Additional Director
- Narayan Mohan Raj - Additional Director
- Lakshmi Narasimhan Subrahmaniannaganathan - Additional Director
The primary industry of Way2wealth Insurance Brokers Private Limited is financial services. The company specifically operates in insurance brokerage and advisory. The company is currently active in this sector.
Way2wealth Insurance Brokers Private Limited can be reached at the registered office: Rukmini Towers 2Nd Floor, 31 Platform Road, Bangalore North, Karnataka, India – 560020, or through the website way2wealth.com.
The authorised capital is ₹1 Cr, and the paid-up capital is ₹1 Cr.