Key Metrics
  • No. of Employees22
  • Founded Year 2021
  • Company StagePrivate Limited Company
  • Total Funding₹15.97 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About BimaKavach

BimaKavach is simplifying the way SMEs and startups identify and avail business insurance. By pairing technology and insurance expertise, BimaKavach helps SMEs and startups set up insurance coverage customized to their needs in 5 minutes. Here’s how:


• BimaKavach is simple - easy-to-understand insurance coverage.


• BimaKavach is digital - buy a policy online or over the phone in 5 minutes.


• BimaKavach is transparent - transparent pricing with fair T&Cs.


Built by insurance veterans, BimaKavach's leadership team comes with over five decades of experience in the insurance industry.

Business Model

BimaKavach is a business-to-business (B2B) insurance platform that helps small and medium-sized enterprises (SMEs) and startups to find and purchase the right insurance policies. Its team of experts provides advice on insurance, allows comparisons of different insurance policies, and negotiates with insurance companies to get competitive pricing.

Top Competitors
PO
PolicybazaarU74999HR2014PTC053454
DI
Digit InsuranceU66010PN2016PLC167410
IN
InsurancedekhoU66010RJ2016PTC054811
AC
AckoU74110KA2016PTC120161
CO
CoverfoxU72200MH2010PTC210076
BimaKavach Funding Details
Funding Highlights
Latest Funding RoundSeed
Total Funding Raised₹15.97 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors1
Investors
  • WaterBridge
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
BimaKavach Financial Details
Financial Highlights
FY 2023-24 Revenue₹55.39 Lakh
FY 2023-24 Expenses₹5.69 Cr
FY 2023-24 Profit/Loss-₹5.14 Cr
Net Cash Flow From Operations-₹6.19 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
BimaKavach Key People
People Metrics
Current Core Team2
Board Members/Directors2

Core Team

TJ
Tejas JainFounder
RK
Rajendra Kumar JainCOO

Board Members/Directors

TJ
TEJAS JAINDirector
SV
SHRUTI VISHNOIDirector
BimaKavach Documents

AY - 2018-19

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

AY - 2019-20

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

AY - 2020-21

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

AY - 2021-22

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

AY - 2022-23

Profit and loss statement - BimaKavach - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of BimaKavach for FY 2022-23
₹249.00 ₹498.00
Balance sheet - BimaKavach - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of BimaKavach for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - BimaKavach - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of BimaKavach for FY 2023-24
₹249.00 ₹498.00
Balance sheet - BimaKavach - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of BimaKavach for FY 2023-24
₹249.00 ₹498.00

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