Ideal Insurance Overview
- Year Founded
-
2005
- Status
-
Private
- Employees
-
185
- Latest Deal Type
-
Later Stage VC
- (Upcoming)
- Latest Deal Amount
-
$10M
- Investors
-
19
Ideal Insurance 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, providing clients with all the facilities required for insurance on a single platform.
Contact Information
Website
www.idealinsurance.inCorporate Office
- 23, Townshend Road
- Bhawanipur
- Kolkata, West Bengal 700025
- India
Corporate Office
- 23, Townshend Road
- Bhawanipur
- Kolkata, West Bengal 700025
- India
Ideal Insurance Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
4. Later Stage VC | $10M | 0000 | Upcoming | Generating Revenue | ||
3. Later Stage VC | 25-Apr-2024 | 00000 | 00.000 | 0000 | Completed | Generating Revenue |
2. Seed Round | 12-Apr-2018 | $1M | $1M | Completed | Generating Revenue | |
1. Accelerator/Incubator | 25-Nov-2016 | 000.00 | Completed | Generating Revenue |
Ideal Insurance Comparisons
Industry
Financing
Details
Ideal Insurance Competitors (17)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Life Insurance Corporation of India | Corporation | Mumbai, India | 00000 | 00000000 | ||
Arroyo Insurance Services | Corporate Backed or Acquired | Arcadia, CA | 00 | 000000&0 | ||
Duobaoyu | Venture Capital-Backed | Hangzhou, China | 000.00 | 00000000000 | 000.00 | |
Max Life Insurance | Corporate Backed or Acquired | Shahpur, India | 00000 | 00000000000 | ||
Aon | Corporation | Chicago, IL | 00000 | 00.000 | 000000000 - | 00.000 |
Ideal Insurance Executive Team (5)
Name | Title | Board Seat |
---|---|---|
Rahul Agarwal | Founder, Co-Chief Executive Officer & Board Member | |
Saroj Satapathy | Co-Chief Executive Officer | |
Rahul Mohata | Co-Founder & Chief Operating Officer | |
Ravi Kothari | Co-Founder, Director of Retail and Fleet & Board Member | |
Dulal Mitra | Executive Chairman |
Ideal Insurance Board Members (11)
Name | Representing | Role | Since |
---|---|---|---|
Ambarish Desai | Self | Board Member | 000 0000 |
Ashok Singhania | Self | Board Member | 000 0000 |
Chandra Garg | Self | Board Member | 000 0000 |
Dulal Mitra | Ideal Insurance | Executive Chairman | 000 0000 |
Durgesh Pandya | Self | Board Member | 000 0000 |
Ideal Insurance Signals
Ideal Insurance Investors (19)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Abhishek Rungta | Angel (individual) | Minority | 000 0000 | 000000 0 |
Atha Group | Corporation | Minority | 000 0000 | 000000 0 |
Deven Bhandari | Angel (individual) | Minority | 000 0000 | 000000 0 |
Nawneet Sodhani | Angel (individual) | Minority | 000 0000 | 000000 0 |
Sagar Daryani | Angel (individual) | Minority | 000 0000 | 000000 0 |
Ideal Insurance Acquisitions (3)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Govind Consultancy | 02-Jun-2022 | 0000000000 | Insurance Brokers | 00000 000 | |
Narnolia Financial Services | 02-Jun-2022 | 0000000000 | Asset Management | 00000 000 | |
Emkay Insurance Brokers | 17-Dec-2018 | Merger/Acquisition | 00000 | Insurance Brokers | 00000 000 |
Ideal Insurance Subsidiaries (1)
Company Name | Industry | Location | Founded |
---|---|---|---|
Narnolia Financial Services | Investment Bank | Mumbai, India | 0000 |
Ideal Insurance FAQs
-
When was Ideal Insurance founded?
Ideal Insurance was founded in 2005.
-
Who is the founder of Ideal Insurance?
Rahul Agarwal, Rahul Mohata, and Ravi Kothari are the founders of Ideal Insurance.
-
Who is the CEO of Ideal Insurance?
Rahul Agarwal and Saroj Satapathy are the CEOs of Ideal Insurance.
-
Where is Ideal Insurance headquartered?
Ideal Insurance is headquartered in Kolkata, India.
-
What is the size of Ideal Insurance?
Ideal Insurance has 185 total employees.
-
What industry is Ideal Insurance in?
Ideal Insurance’s primary industry is Insurance Brokers.
-
Is Ideal Insurance a private or public company?
Ideal Insurance is a Private company.
-
What is the current valuation of Ideal Insurance?
The current valuation of Ideal Insurance is 0000.
-
What is Ideal Insurance’s current revenue?
The current revenue for Ideal Insurance is 000000.
-
How much funding has Ideal Insurance raised over time?
Ideal Insurance has raised $1.96M.
-
Who are Ideal Insurance’s investors?
Abhishek Rungta, Atha Group, Deven Bhandari, Nawneet Sodhani, and Sagar Daryani are 5 of 19 investors who have invested in Ideal Insurance.
-
Who are Ideal Insurance’s competitors?
Life Insurance Corporation of India, Arroyo Insurance Services, Duobaoyu, Max Life Insurance, and Aon are some of the 17 competitors of Ideal Insurance.
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