BUSINESS BRIEF

An established B2B insurance broking platform in India, focused on the MSME segment, is seeking capital to support its expansion through strategic acquisitions. The platform provides digital-first insurance solutions across employee benefits, property, marine, and liability insurance lines. The company aims to consolidate a fragmented industry segment by integrating smaller brokers onto a unified, tech-driven platform.

Key Business Characteristics:

  • Offers end-to-end insurance distribution and servicing for MSMEs
  • ~10,000 active clients and INR 1,800 mn+ in gross premiums
  • Operates across five cities with a ~165-member team
  • Consistent growth in revenue with improving margins
  • Recently achieved month-on-month profitability

Products & Services

  1. Insurance Brokerage for MSMEs
  2. Digital Insurance Platform Services
  3. Client Support & Advisory
  4. Inorganic Growth & Platform Integration (For Acquired Brokers)

Valuation Justification: The implied multiple is approximately 10x revenue, aligning with recent benchmarks observed in comparable transactions within the insurance broking sector.

Proposal
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Industry

FinTech

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Sub Industry

InsurTech

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Nature of Business

B2B

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Sector

Services

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Location

India

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Region

Northern

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Open For Dilution

20 %

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Top Customer

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Ask

INR 40 Cr

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End use of fund

  • Acquisition of small- and mid-sized brokers
  • Integration and technology consolidation
  • Operational centralization and expansion

Business Operation Information
Financial Information
2025 (in INR Cr) 2024 (in INR Cr) 2023 (in INR Cr)
Sales
19.3 16.5 13.6
EBITDA
PAT
N.D
Business Documents