Finhaat

Finhaat is a B2B SaaS-enabled financial product delivery platform that specializes in democratizing access to insurance, wealth management, and financial services for India's emerging middle-class and lower-income populations in rural, semi-urban, and Tier 3-4 cities. The company operates an assisted digital model connecting financial product providers with institutional partners and individual agents to deliver customized, affordable financial solutions with end-to-end digital support.

Core Products & Services

• FinSAAS Platform: Full-stack SaaS solution for institutional insurance partners enabling curated product distribution through existing networks with complete customer support and claims management

• FinPRO Platform: User-friendly distribution platform for individual financial partners (point-of-sale persons) with real-time product quotes, digital issuance, and claims processing capabilities

• Finhaat Wealth: Tech-driven wealth management platform launched January 2025 offering investment, retirement planning, and long-term savings solutions through trained micro-entrepreneur distributors

• Insurance Products: Life, health, general, and parametric insurance offerings tailored for emerging markets with simplified underwriting and claims processing

• Claims Management: Proprietary digital claims framework enabling claim settlement in under one week compared to industry average of several weeks in rural areas

• Data Analytics & Advisory: Trend analysis and data-based insights supporting product customization and operational optimization

• Wellness Services: Diagnostics and teleconsultation services complementing financial product offerings (emerging vertical)

Business Model & Revenue Streams

Business Model – B2B SaaS-Enabled Distribution Network with Assisted Digital Delivery

• Connects 200+ institutional partners (MFIs, NBFCs, cooperative societies, FPOs, non-profits) and 3,000+ individual agents across 85% of India's pin codes

• Assisted digital platform providing seamless integration of financial product companies' offerings through Finhaat's technology backbone

• Zero-CAPEX model for partners with comprehensive digital infrastructure, training, and ongoing support

• Curated product design tailored specifically for emerging market segments' needs and affordability constraints

• Multi-stakeholder ecosystem: product providers, distribution institutions, individual agents, and end customers

• Platform Fees: Commission-based revenue from institutional and individual partners on financial product distributions

• Product-Linked Commissions: Primary revenue from insurance brokerage commissions (70% from curated products, 15% from retail insurance, remaining from agri-focused offerings)

• Wealth Management Commissions: Emerging revenue stream from Finhaat Wealth platform asset-based and transaction fees

• Wellness Services Revenue: Diagnostics and teleconsultation commissions from healthcare provider partnerships

• B2B SaaS Licensing: Technology licensing fees from financial institutions adopting Finhaat's digital distribution platform