Insuremile Insurance Web Aggregator Private Limited

Online insurance platform connecting policyholders with insurers through 'Insuremile App' for various types of insurance.

2018 | Bangaluru, Karnataka (India) | Active
Last Updated: January 01, 2025

Insuremile Insurance Web Aggregator Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.51 M
  • Company Age 6 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.95 M
  • Revenue Growth 71.14%
  • Profit Growth 20.77%
  • Ebitda 21.72%
  • Net Worth 83.80%
  • Total Assets 28.72%

About Insuremile Insurance Web Aggregator

Insuremile Insurance Web Aggregator Private Limited (IIWAPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 13 February 2018 (Six years and 11 months 19 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 6.00 M and a paid-up capital of Rs 5.51 M.

The company currently has active open charges totaling ₹0.95 M.

Mallesh Reddy, Vijay Krishnamurthy, and Madhu Appaji serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U72900KA2018PTC110119

  • Company No.

    110119

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Feb 2018

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology
Financial Services

Who are the key members and board of directors at Insuremile Insurance Web Aggregator?

Board Members (3)

Name Designation Appointment Date Status
Vijay Krishnamurthy Country flag representing In Nominee Director 25-Oct-2018 Current
Mallesh Reddy Country flag representing In Director 13-Feb-2018 Current
Madhu Appaji Country flag representing In Director 01-Sep-2022 Current

Financial Performance of Insuremile Insurance Web Aggregator.

Insuremile Insurance Web Aggregator Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 71.14% increase. The company also saw a substantial improvement in profitability, with a 20.77% increase in profit. The company's net worth Soared by an impressive increase of 83.8%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
71.14%
Revenue from Operations
70.85%
Total Assets
28.72%
Profit or Loss
20.77%
Net Worth
83.80%
EBITDA
21.72%

What is the Ownership and Shareholding Structure of Insuremile Insurance Web Aggregator?

In 2023, Insuremile Insurance Web Aggregator had a public holding of 32.72%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.95 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of India : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
05 Dec 2024 Bank Of India ₹0.95 M Open

How Many Employees Work at Insuremile Insurance Web Aggregator?

Unlock and access historical data on people associated with Insuremile Insurance Web Aggregator, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Insuremile Insurance Web Aggregator, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Insuremile Insurance Web Aggregator's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Insuremile Insurance Web Aggregator

Recent activity within the organization

  • Charges

    A charge with Bank Of India amounted to Rs. 0.95 M with Charge ID 101011670 was registered on 05 Dec 2024.

    05 Dec 2024

  • Annual General Meeting

    Insuremile Insurance Web Aggregator Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Insuremile Insurance Web Aggregator Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Madhu Sathyendra Appaji was appointed as a Director was appointed as a Director on 01 Sep 2022 & has been associated with this company since 2 years 5 months .

    01 Sep 2022

  • Director Appointment

    Vijay Krishnamurthy was appointed as a Nominee Director was appointed as a Nominee Director on 25 Oct 2018 & has been associated with this company since 6 years 3 months .

    25 Oct 2018

  • Director Appointment

    Mallesh Reddy was appointed as a Director was appointed as a Director on 13 Feb 2018 & has been associated with this company since 6 years 11 months .

    13 Feb 2018

Frequently asked questions

  • Insuremile Insurance Web Aggregator Private Limited was incorporated on 13 Feb 2018.

  • The authorized share capital of Insuremile Insurance Web Aggregator Private Limited is ₹ 6.00 M and paid-up capital is ₹ 5.51 M.

  • Currently 3 directors are associated with Insuremile Insurance Web Aggregator Private Limited.

    • Mallesh Reddy
    • Vijay Krishnamurthy
    • Madhu Sathyendra Appaji
  • As per Ministry of Corporate Affairs (Mca), the registered address of Insuremile Insurance Web Aggregator Private Limited is No.19 4Th C Cross Koramangala Industrial Area 5Th Block, India, Bangalore, Karnataka, 560095.

  • The corporate identification number (CIN) of Insuremile Insurance Web Aggregator Private Limited is U72900KA2018PTC110119 and the company number is 110119 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Insuremile Insurance Web Aggregator Private Limited is https://www.insuremile.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Insuremile Insurance Web Aggregator Private Limited has risen by 71.14%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Insuremile Insurance Web Aggregator Private Limited has experienced an upsurge of 83.80%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Insuremile Insurance Web Aggregator Private Limited amount to ₹ 0.95 M.

  • The most recent Balance Sheet for Insuremile Insurance Web Aggregator Private Limited was filed with the ROC on 31 Mar 2024.

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