InsuranceDekho
Financials
Estimates*
USD | 2020 | 2021 |
---|---|---|
Revenues | 16.6m | 24.2m |
% growth | - | 46 % |
Date | Investors | Amount | Round |
---|---|---|---|
$20.0m | Early VC | ||
* | N/A | $100m | Early VC |
* | $36.5m Valuation: $500m | Early VC | |
* | N/A | $40.0m | Debt |
* | $110m | Series A | |
* | $60.0m Valuation: $650m | Series B | |
Total Funding | AUD505m |
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EditInsuranceDekho is a digital platform that operates in the insurance sector in India. The company's primary service is to provide insurance consultation and policy issuance. It caters to a broad range of customers, offering services such as health insurance, term insurance, policy renewal, policy tracking, and policy download. The company's business model is centered around providing a seamless and transparent insurance experience to its customers.
Customers begin by filling in their details on the platform. InsuranceDekho then provides them with various insurance quotes to compare and choose from. Once the customer selects a policy that best suits their requirements and budget, they make the payment, and the company takes care of the rest. The platform prides itself on its transparent claim settlement process and dedicated support team, which have contributed to its growing customer base of over 50 lakh happy customers.
InsuranceDekho also offers additional services such as a premium calculator for comparing quotes from different insurers, and a seamless claims processing service at its cashless garages. The company has been praised for its efficient claim process, responsive customer support, and tools for comparing quotes.
The company generates revenue through commissions received from insurance companies for policies sold through its platform. It also earns from the additional services it provides, such as claim processing and policy renewal.
Keywords: Insurance, Digital Platform, Health Insurance, Term Insurance, Policy Renewal, Policy Tracking, Transparent Claim Settlement, Premium Calculator, Cashless Garages, Customer Support.