Key Metrics
  • No. of Employees12
  • Founded Year 2018
  • Company StagePrivate Limited Company
  • Total Funding₹2.63 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About InsureMile

Insuremile is a financial protection marketplace, founded with the intent to change the dynamics of the insurance sector in India. As an insurance web aggregator, Insuremile enables financial protection to 96% of Indians who are under risk, providing simple, fast and reliable services. The primary aim of the platform is to enhance the user experience by letting customers compare multiple policies at a time before making a choice based on their individual needs.


Going beyond its core focus of connecting customers to the right insurance plans and insurers, whether it is Car, Bike, Home, Travel, Health or Life, Insuremile is also committed to being a socially responsible and customer-friendly company.

Business Model

Insuremile is an app-based comparison platform for auto insurance. It enables customers to purchase researched auto insurance from available insurers. Users can file an online claim & search hospitals, roadside assistance, and police station around location through the smartphone app.

Top Competitors
IN
InsurancedekhoU66010RJ2016PTC054811
PO
PolicybazaarU74999HR2014PTC053454
CO
ComparepolicyU74140DL2015PTC276540
CO
CoverfoxU72200MH2010PTC210076
GO
GodigitU66010PN2016PLC167410
InsureMile Funding Details
Funding Highlights
Latest Funding Roundpre-seed
Total Funding Raised₹2.63 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors1
Investors
  • Parthiv Neotia
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
InsureMile Financial Details
Financial Highlights
FY 2023-24 Revenue₹3.32 Cr
FY 2023-24 Expenses₹3.51 Cr
FY 2023-24 Profit/Loss-₹18.21 Lakh
Net Cash Flow From OperationsNil
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
InsureMile Key People
People Metrics
Current Core Team1
Board Members/Directors3

Core Team

MR
Mallesh ReddyFounder & CEO

Board Members/Directors

NB
Nydille Bavya ReddyDirector
MR
Mallesh ReddyDirector
MS
Madhu Sathyendra AppajiDirector
InsureMile Documents

AY - 2018-19

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

AY - 2019-20

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

AY - 2020-21

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

AY - 2021-22

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

AY - 2022-23

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

AY - 2023-24

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

Subscribe to our newsletter to stay updated