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UMBO IDTECH PRIVATE LIMITED

Riskcovry

U74999MH2018PTC305567

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₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Jan 17, 2025
Key Metrics
  • No. of Employees92
  • Founded Year 2018
  • Company StagePrivate Limited Company
  • Total Funding₹86.98 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Riskcovry
Riskcovry is building a 'financial infrastructure' stack for insurance distribution in India. As an "Insurance-in-a-Box"​ for any company, Riskcovry enable any insurance product from any insurer across any customer engagement channel, holistically and seamlessly. Riskcovry customers range from mainstream distributors like Banks, NBFCs, Brokers, etc., to alternative players who are new to insurance distribution like retail, payment networks, BCs, digital, telecom, fintech, tech startups, etc. For such alternative distribution partners, Riskcovry not only help you to start your digital distribution journeys but work with you as your partners to accelerate your insurance distribution growth.
Business Model

Riskcovry is a Digital Insurance Company which enables insurance distribution for enterprise customers. It offers products like Sachet; 7 in 1, Cancer Care, Dura Care, Renters Package, Bill Protector, Bags n More, Start-up Package, Retail Business Package etc

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Riskcovry Funding Details
Funding Highlights
Latest Funding RoundSeries B
Total Funding Raised₹86.98 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors4
Investors
  • Omidyar Network, Bharat Inclusive Technologies, Varanium Capital, DMI
Note:

Valuation as on Mar 8, 2021

Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Riskcovry Financial Details
Financial Highlights
FY 2022-23 Revenue₹7.18 Cr
FY 2022-23 Expenses₹29.6 Cr
FY 2022-23 Profit/Loss-₹22.52 Cr
Net Cash Flow From Operations-₹19 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Riskcovry Key People
People Metrics
Current Core Team5
Board Members/Directors5

Core Team

AC
Asif CH Co Founder and CTO
VS
Vidya S.Co Founder
CP
Chiranth Patil Co Founder
SP
Suvendu Prusty Co Founder
SB
Sorabh BhandariCo Founder

Board Members/Directors

SS
Suvendukumar Shyamsundar PrustyDirector
CP
Chiranth PatilDirector
SB
Sorabh Balvirchand BhandariDirector
TM
Treasa Mary MathewNominee Director
SA
Saras AgarwalNominee Director
Riskcovry Documents

AY - 2018-19

Profit and Loss statement - Riskcovry - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Riskcovry for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - Riskcovry - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of Riskcovry for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - Riskcovry - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Riskcovry for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - Riskcovry - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Riskcovry for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - Riskcovry - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Riskcovry for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Riskcovry - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Riskcovry for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Riskcovry - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Riskcovry for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Riskcovry - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Riskcovry for FY 2021-22.
₹249.00 ₹498.00

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