BUSINESS BRIEF

We are a Digital, Consumer-Facing, Omni Channel, Insurance Broking Company already breaking even in the last quarter of FY 2019-20 with over 22000 unique customers mainly in health and life insurance. Having generated over 4.5 lacs qualified leads from over 25 lac, unique visitors, on our website. We have a lean staff strength of over 100 people and have collected a premium of over INR 32 crores till date. The premium for FY 2019-20 stands at 10.5 cr. and made a revenue of over Rs 3.4 cr. We have a growth trajectory of over 50% YoY in revenue and premium. The cost of revenue conversion has been bought down significantly from Rs 2.1 spend generating Rs 1 revenue to Rs 1.55 in FY 2019-20. Our customer retention and renewal book will earn a revenue of over INR 1.5 cr, in FY 2020-21. We see massive opportunity is the Point of sales Person (POSP) to pursue the POSP we are looking to raise $ 1 mn. The proof of concept is already in place with over 1500 Digital partners (the company uses for its technology-enabled POSP's). In the year 2019-20 out of a total premium of Rs 10.4 cr approx 20% premium came from this new channel.