SBI General Insurance Company Overview
- Year Founded
-
2009
- Status
-
Private
- Employees
-
6,986
- Latest Deal Type
-
2ndary - Private
- Financing Rounds
-
5
- Investments
-
5
SBI General Insurance Company General Information
Description
Provider of retail and commercial general insurance products intended to provide simple and innovative insurance policy service. The company offers insurance for motor vehicles, health, personal accidents, travel and home in the retail space and products like aviation, fire, marine, package and liability insurance in the commercial space, helping its customers safely hedge against any unforeseen contingencies.
Contact Information
Website
www.sbigeneral.inCorporate Office
- 9th Floor, A & B Wing, Fulcrum Building
- Sahar Road, Andheri (East)
- Mumbai, Maharashtra 400099
- India
Corporate Office
- 9th Floor, A & B Wing, Fulcrum Building
- Sahar Road, Andheri (East)
- Mumbai, Maharashtra 400099
- India
SBI General Insurance Company Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
SBI General Insurance Company Comparisons
Industry
Financing
Details
SBI General Insurance Company Competitors (5)
One of SBI General Insurance Company’s 5 competitors is HDFC ERGO General Insurance Company, a Private Equity-Backed company based in Mumbai, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| HDFC ERGO General Insurance Company | Private Equity-Backed | Mumbai, India | ||||
| Tata AIG | Corporate Backed or Acquired | Mumbai, India | ||||
| Royal Sundaram General Insurance Company | Corporate Backed or Acquired | Chennai, India | ||||
| Tata AIA Life Insurance | Corporate Backed or Acquired | Thane, India | ||||
| ICICI Lombard General Insurance Company | Corporate Backed or Acquired | Mumbai, India |
SBI General Insurance Company Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
SBI General Insurance Company Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
SBI General Insurance Company Investments (5)
SBI General Insurance Company’s most recent deal was a PE Growth/Expansion with Sanstar. The deal was made on 18-Jul-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Sanstar | 18-Jul-2024 | PE Growth/Expansion | Food Products | ||
| IDFC First Bank | 30-Jun-2024 | PIPE | National Banks | ||
| DEE Piping Systems | 18-Jun-2024 | PE Growth/Expansion | Industrial Supplies and Parts | ||
| Keystone Realtors | 27-May-2024 | PIPE | Real Estate Services (B2C) | ||
| Epack Durable | 18-Jan-2024 | PE Growth/Expansion | Electronics (B2C) |
SBI General Insurance Company Exits (3)
SBI General Insurance Company’s most recent exit was on 18-Jul-2024 from Sanstar. The exit was categorized as with 5 buyers.
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Sanstar | 18-Jul-2024 | Completed |
|
||
| DEE Piping Systems | 18-Jun-2024 | Completed |
|
||
| Epack Durable | 18-Jan-2024 | PE Growth/Expansion | Completed |
|
SBI General Insurance Company FAQs
-
When was SBI General Insurance Company founded?
SBI General Insurance Company was founded in 2009.
-
Where is SBI General Insurance Company headquartered?
SBI General Insurance Company is headquartered in Mumbai, India.
-
What is the size of SBI General Insurance Company?
SBI General Insurance Company has 6,986 total employees.
-
What industry is SBI General Insurance Company in?
SBI General Insurance Company’s primary industry is Multi-line Insurance.
-
Is SBI General Insurance Company a private or public company?
SBI General Insurance Company is a Private company.
-
What is the current valuation of SBI General Insurance Company?
The current valuation of SBI General Insurance Company is .
-
What is SBI General Insurance Company’s current revenue?
The current revenue for SBI General Insurance Company is .
-
How much funding has SBI General Insurance Company raised over time?
SBI General Insurance Company has raised $428M.
-
Who are SBI General Insurance Company’s investors?
IIFL Finance, Avendus Capital, Warburg Pincus, Premji Invest, and State Bank of India have invested in SBI General Insurance Company.
-
Who are SBI General Insurance Company’s competitors?
HDFC ERGO General Insurance Company, Tata AIG, Royal Sundaram General Insurance Company, Tata AIA Life Insurance, and ICICI Lombard General Insurance Company are competitors of SBI General Insurance Company.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »
