BimaKavach
Indian businesses are changing the world. Their insurance should too.
Mumbai, India · Founded 2021 · $2.0M raised
- Headquarters
- Mumbai
- Employees
- 11–50
- Founded
- 2021
- Business Model
- B2B
- Website
- bimakavach.com
- Total Funding
- $2.0M
- Last Round
- $2.0M Extension RoundMar 2024
- Rounds
- 2
About
BimaKavach is an AI-driven commercial insurance platform built for Indian SMEs and enterprises, offering 20+ business insurance policies ranging from property and liability to cyber and directors & officers coverage. The platform uses an AI underwriting engine trained on Indian business risk to price and place coverage with leading insurers in minutes rather than weeks. Founded by Tejas Jain, BimaKavach operates as an IRDAI-registered insurance broker with teams across India's major cities, focusing on making business-grade insurance accessible to every Indian company rather than only the largest.
Summary
BimaKavach is a Fintech company based in Mumbai, India, founded in 2021. It has raised $2.0M in total across 2 rounds, most recently a $2.0M Extension Round round in Mar 2024. Investors include Omidyar Network India, Waterbridge Ventures and Flourish Ventures.
Tech & App Stack
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Funding History
Mar 2024
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Seed through Extension Round — per-round amounts, valuations, and who invested in each round.
Investors
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