GreenLife Insurance Broking PVT LTD

  • FOUNDING YEAR: 2013
    LOCATION:
    India
    Last Update: ,2 1cD40e7
    Company priority:
    In fund-raising mode.
  • MEDICI analysts will analyze GreenLife Insurance Broking PVT LTD soon
    GIBL.IN is India's largest Web & Mobile App based Market Place that makes insurance procurement effortless. Customers come for convenience of use, saving time and finding the best deals by comparing. It offers a personalised service through own dashboard, policy history, claim status, knowledge portal, renewal reminder, SMS & FAQ.
  • MEDICI analysts will analyze GreenLife Insurance Broking PVT LTD soon
    India is creating history in almost every area through its technology and innovation over the last decade. Be it Space Technology or Supersonic BrahMos Missile they have grab world’s attention now. But when it comes to insurance solicitation still we are going with century old face to face approach. India is a vast country and it’s not easy to visit its interior parts repeated whenever you want, so insurance penetration is remarkably low in India. In an attempt to solve the problem we have created an online insurance market place which would bring the availability of Insurance to every household in India. We want to bring the facility of procuring any insurance policy by clicking a few buttons instantly. GIBL will also bring a transparency to the system. Users can compare, see the features and then they can proceed to buy. Each transaction is recorded as well all the features offered by the insurance companies. So both party will be accountable and lot of conflict during the time of claim is going to resolve quickly. This will stop all the misselling and the horrendous stories we hear nowadays in this sector. We think our mobiles apps and the portal will give the power to a single agent ( Point of Sales Agent) act like a multiple insurance company sitting on a very remote parts of India. It will create its own eco-system and a self driven insurance entrepreneurship similar to what e-Bay has to done earlier In and attempt to solve the problem we have created an online insurance market place which would bring the availability of Insurance to every household in India. We want to bring the facility of procuring any insurance policy by clicking a few buttons instantly. GIBL will also bring a transparency to the system. Users can compare, see the features and then they can proceed to buy. Each transaction is recorded as well all the features offered by the insurance companies. So both party will be accountable and lot of conflict during the time of claim is going to resolve quickly. This will stop all the misselling and the horrendous stories we hear nowadays in this sector. We think our mobiles apps and the portal will give the power to a single agent ( Point of Sales Agent) act like a multiple insurance company sitting on a very remote parts of India. It will create its own eco-system and a self driven insurance entrepreneurship similar to what e-Bay has to done earlier.
    Author: Subir Mukherjee
  • FOCUS

    MEDICI analysts will analyze GreenLife Insurance Broking PVT LTD soon
    PRODUCTS & SERVICES:
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    REVENUE MODEL:
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    TOP PROBLEM SOLVED:
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    PRODUCT DEVELOPMENT STAGE
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    PRODUCT DEVELOPMENT COMMENT
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    KEY DIFFERENTIATORS
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    PRIMARY CUSTOMER TYPE
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    STRATEGIC CLIENTS AND PARTNERSHIP
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    PEOPLE

    MEDICI analysts will analyze GreenLife Insurance Broking PVT LTD soon
    FOUNDERS:
    Subir Mukherjee, Santosh Sahoo
    NUMBER OF EMPLOYEES:
    5-101
    KEY EMPLOYEES:
    CEO: Subir Mukherjee
    COO: Santosh Sahoo
    TEAM COMMENT:
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    BOARD MEMBERS:
    Bhaskar Ghosh
    ADVISORS:
    Bhaskar Ghosh

    TRACTION

    Insufficient information for accurate analysis
    ANNUAL REVENUE:
    90 $k95k9 $-0
    REVENUE COMMENT:
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    NUMBER OF TRANSACTIONS:
    350
    TRANSACTIONS VALUE:
    105
    TRANSACTIONS COMMENT:
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    ACTIVE USERS/ACCOUNTS:
    0K6
    ACTIVE USERS COMMENT:
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    LIVE USERS/TRANSACTIONS:
    ,ipei itron vlenscoduY
    CHANNEL STATUS
    ML NENLPSCAEULTIH
    NUMBER OF CLIENTS OR PAYING CUSTOMERS:
    5030

    MOMENTUM

    Insufficient information for accurate analysis
    FUNDING COMPLETED:
    DESE
    TOTAL FUNDING:
    02K 0
    LISTED:
    ESY
    FUNDING SERIES:
    Seed
    Feb 2014
    0K02
    5i lnMsilo
    Comment on Seed
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    Comment on Valuation
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    Investors

    FOR INVESTORS

    FUNDING NEEDED
    nlsiMoi 2l
    USES OF FUNDS RAISED
    lil1-nieg niMM.a rto k1
    2-5 PuMcoeodae .p lTnol D r.eiemln& t0 mitv
    3nk aWoai rtligC.p
    EXIT STRATEGY
    daPnBaeIy duT r O
    MONTHS LEFT WITH CURRENT CASH BURN RATE
    lshtfm6o3,24o2nm 1Jur 0
    COMPETITORS
    rozyaclBi aP r ovfoeCx

    RELATED MARKET RESEARCH


    GREENLIFE INSURANCE BROKING PVT LTD VALUE CHAIN - INTERACTIVE SECTOR MAPPING

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