QuickInsure

QuickInsure

Online platform for comparison of automotive insurance providers

Founded

2016

Headquarters

Pune (India)

Status

Series A

Company Details

Website

Socials

Email

Phone

+91-02065791000

QuickInsure is an Indian insurance technology company that operates as an online insurance comparison portal. Founded in 2016, QuickInsure aims to simplify the process of buying general insurance products by providing a user-friendly platform for customers to compare various policies. The company is headquartered in Pune, Maharashtra, India.

One-liner Service

Online platform for comparing and purchasing general insurance products.

Business Model

QuickInsure operates as an insurance aggregator, allowing users to compare and purchase various general insurance products, including car, health, travel, and personal accident insurance. The company utilizes both online and offline sales strategies, employing technology to enhance customer experience. Revenue is generated through commissions from insurers for each policy sold via its platform.

Products and Services

QuickInsure offers a range of insurance products, including:

  • Car Insurance

  • Two-Wheeler Insurance

  • Health Insurance

  • Travel Insurance

  • Personal Accident Cover

  • Fire Insurance

  • Marine Insurance

Differentiation

QuickInsure differentiates itself through:

  • Focus on General Insurance: Unlike many competitors, QuickInsure specializes solely in general insurance products.

  • User-Friendly Technology: Utilizes advanced technology to provide instant quotes and comparisons.

  • Comprehensive Support: Offers 24/7 customer support for policy purchases and claims assistance.

  • Transparency: Committed to clear communication with no hidden charges.

Key People

Gautam Rege

Anand Shrikhande

Key Metrics

Total Equity Funding

$2.14 million

No. of Funding Rounds

3

Latest Funding Round

$269.0K, Angel

as of December 26, 2022

Post Money Valuation

$19.6Million

as of N/A

Funding Multiple

78.4

as of N/A

Investors

Sachka International

and 1 more

Employee Count

184

Similar Companies

Hala Mobility

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
December 26, 2022Angel$269.0K$19.6Million$1.3Million14.4x-
May 28, 2021 Series A$1.1Million$20.8Million$628.0K31.1xSachka International
February 16, 2019Seed $756.0K$9.4Million$74.0K106.0x Sachka International

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