# Ideal Insurance Brokers Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ideal-insurance-brokers-pvt

- Industry: Insurance
- Headquarters: Kolkata, India
- Website: www.idealinsurance.in
- Total disclosed funding: $0.3M
- Latest round: Seed (Jun 23, 2018)
- Investors on record: 4

## About

Founded in 2005 and based in Kolkata, India, Ideal Insurance Brokers Pvt. Ltd. operates as a digital platform that provides insurance products and services for individuals and businesses. In April 2024, Ideal Insurance Brokers Pvt. Ltd. raised INR 80 million in pre-series A funding led by investor Venture Catalysts. The firm as of August 2024, is led by its co-founders, Rahul Agarwal (CEO), Rahul Mohata (COO), and Ravi Kothari (Director).

Ideal Insurance Brokers provides a wide range of insurance products including health, motor, two-wheeler, life, and commercial insurance, contractor's all-risk insurance, credit insurance, employee insurance, fire insurance, health insurance, home insurance, liability insurance, travel insurance, etc. The company utilizes a customer-centric approach, providing faster quote generation, quick claim settlements, 24x7 support, and a streamlined renewal process. It caters to over 70,000 clients across more than 50 locations.

## Funding rounds

- Seed, Jun 23, 2018, $0.3M — Venture Catalysts, BVC Ventures, Vista Business Ventures LLP, Motivated Minds Wealth LLP

## Investors

- Venture Catalysts (https://capitalatlas.ai/funds/venture-catalysts) — Seed
- BVC Ventures — Seed
- Vista Business Ventures LLP — Seed
- Motivated Minds Wealth LLP — Seed