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
- Insurance Brokerage for MSMEs
- Digital Insurance Platform Services
- Client Support & Advisory
- 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.