Ideal Insurance Brokers Overview
- Year Founded
-
2005
- Status
-
Private
- Employees
-
388
- Latest Deal Type
-
Later Stage VC
- (Cancelled)
- Latest Deal Amount
-
$10M
- Investors
-
12
Ideal Insurance Brokers General Information
Description
Developer of an insurance brokerage platform designed to offer a wide range of insurance products including life insurance and general insurance. The company's platform offers an entire range of insurance products in diverse domains of health, life, fire, marine, infrastructure, credit and more as well as impanels the banks and financial institutions to provide insurance audit reports, enabling clients to get all the facilities required for insurance on a single platform.
Contact Information
Website
www.idealinsurance.inCorporate Office
- 23, Townshend Road
- Bakul Bagan, Bhawanipur
- Kolkata, West Bengal 700025
- India
Corporate Office
- 23, Townshend Road
- Bakul Bagan, Bhawanipur
- Kolkata, West Bengal 700025
- India
Ideal Insurance Brokers Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Later Stage VC | 26-Apr-2024 | $10M | Cancelled | Generating Revenue | ||
| 3. Later Stage VC | 25-Apr-2024 | Completed | Generating Revenue | |||
| 2. Seed Round | 12-Apr-2018 | $1M | $1M | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | 25-Nov-2016 | Completed | Generating Revenue |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Ideal Insurance Brokers Comparisons
Industry
Financing
Details
Ideal Insurance Brokers Competitors (17)
One of Ideal Insurance Brokers’s 17 competitors is Axis Max Life Insurance, a Private Equity-Backed company based in Gurugram, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Axis Max Life Insurance | Private Equity-Backed | Gurugram, India | ||||
| Bajaj Life Insurance | Corporate Backed or Acquired | Pune, India | ||||
| AM-EX Insurance Brokers (India) Pvt Ltd | Corporation | Pontiac, IL | ||||
| Duobaoyu | Venture Capital-Backed | Hangzhou, China | ||||
| PolicyBachat | Corporation | Hyderabad, India |
Ideal Insurance Brokers Signals
Ideal Insurance Brokers Investors (12)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Atha Group | Corporation | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority |
Ideal Insurance Brokers Acquisitions (4)
Ideal Insurance Brokers’s most recent deal was a Merger/Acquisition with JRK Insurance Brokers. The deal was made on 01-Jan-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| JRK Insurance Brokers | 01-Jan-2024 | Merger/Acquisition | Insurance Brokers | ||
| Govind Consultancy | 02-Jun-2022 | Merger/Acquisition | Insurance Brokers | ||
| Narnolia Financial Services | 02-Jun-2022 | Merger/Acquisition | Asset Management | ||
| Emkay Insurance Brokers | 17-Dec-2018 | Merger/Acquisition | Insurance Brokers |
Ideal Insurance Brokers Affiliates
Subsidiaries (2)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| JRK Insurance Brokers | Kolkata, India | 2016 | |
| Narnolia Financial Services | Mumbai, India | 1997 |
Ideal Insurance Brokers FAQs
-
When was Ideal Insurance Brokers founded?
Ideal Insurance Brokers was founded in 2005.
-
Where is Ideal Insurance Brokers headquartered?
Ideal Insurance Brokers is headquartered in Kolkata, India.
-
What is the size of Ideal Insurance Brokers?
Ideal Insurance Brokers has 388 total employees.
-
What industry is Ideal Insurance Brokers in?
Ideal Insurance Brokers’s primary industry is Insurance Brokers.
-
Is Ideal Insurance Brokers a private or public company?
Ideal Insurance Brokers is a Private company.
-
What is the current valuation of Ideal Insurance Brokers?
The current valuation of Ideal Insurance Brokers is .
-
What is Ideal Insurance Brokers’s current revenue?
The current revenue for Ideal Insurance Brokers is .
-
How much funding has Ideal Insurance Brokers raised over time?
Ideal Insurance Brokers has raised $1.96M.
-
Who are Ideal Insurance Brokers’s investors?
, Atha Group, , , and are 5 of 12 investors who have invested in Ideal Insurance Brokers.
-
Who are Ideal Insurance Brokers’s competitors?
Axis Max Life Insurance, Bajaj Life Insurance, AM-EX Insurance Brokers (India) Pvt Ltd, Duobaoyu, and PolicyBachat are some of the 17 competitors of Ideal Insurance Brokers.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
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