1Silverbullet - About the company
1Silverbullet is a seed company based in Mumbai (India), founded in 2021 by Milan Manharkant Ganatra, Rajnish Bahl and Amreesh Kher. It operates as a 1Silverbullet is creating a layer of standardization in the financial services ecosystem. Our APIs lay out a collaborative pathway that is scalable, secure, and simple in its implementation. 1Silverbullet’s platform combines streamlined access to financial services with a plug-and-play solution. 1Silverbullet has raised $850K in funding from HDFC securities and HDFC Bank, with a current valuation of $*****. The company has 180 active competitors, including 52 funded and 5 that have exited. Its top competitors include companies like Bolttech, Akur8 Technologies and Zopper.
Company Details
1Silverbullet is a gateway between insurance providers and distributors. 1Silverbullet is a scalable platform that acts as a bridge between insurance companies and distribution partners, which enables entire sales process from multi-insurance quotes, proposals, and policy issuance. A single gateway which connects to all major insurers across a wide array of products.
- Website
- 1silverbullet.tech
- Email ID
- *****@1silverbullet.tech
- Phone Number
- +91 **********
- Registered Address
- C-901,PLOT-CS 1/404,C,RAHEJA EXCELSIOR CHS, LTD,MADAN MOHAN MALVIYA MARG,TARDEO, Mumbai City, Mumbai, Maharashtra, India, 400034
Key Metrics
Founded Year
2021
Location
Mumbai, India
Stage
Seed
Total Funding
$850K in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jun 24, 2024
Investors
Ranked
37th among 180 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
72 as on Feb 28, 2025
Legal entities associated with 1Silverbullet
1Silverbullet is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
MYKAP CONSULTANCY SERVICES PRIVATE LIMITED CIN: U72900MH2020PTC343931 , India, Active | Aug 17, 2020 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
9PLATFORMS TECHNOLOGY PRIVATE LIMITED CIN: U72900MH2021PTC363836 , India, Active | Jul 13, 2021 | 0 - ₹10 Cr (As on Mar 31, 2025) | 69 (As on May 31, 2025) |
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1Silverbullet's funding and investors
1Silverbullet has raised a total funding of $850K over 2 rounds. Its first funding round was on Jul 31, 2023. Its latest funding round was a Seed round on Jun 24, 2024 for $*****. 1 investor participated in its latest round. 1Silverbullet has 2 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of 1Silverbullet:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 24, 2024 | 3207713 | Seed | 9874394 | 3907610 | 2448831 | 6899962 |
Jul 31, 2023 | 3472673 | Seed | 6754273 | 3727126 | 8584739 |
View details of 1Silverbullet's funding rounds and investors
1Silverbullet's founders and board of directors
Founder? Claim ProfileThe founders of 1Silverbullet are Milan Manharkant Ganatra, Rajnish Bahl and Amreesh Kher. Amreesh Kher is the CEO of 1Silverbullet.
Here are the details of 1Silverbullet's key team members:
- Milan Manharkant Ganatra: Co-Founder of 1Silverbullet. They are also an angel investor in 2 startups and serve on the boards of 2 companies.Contact Info: 1 email address and 1 phone number
- Rajnish Bahl: Co-Founder & Executive Director of 1Silverbullet. Contact Info: 1 email address
- Amreesh Kher: Co-Founder & CEO of 1Silverbullet. Contact Info: 1 email address
1Silverbullet's Board of Directors
1Silverbullet's board has 2 active members. Milan Manharkant Ganatra is part of team and Kruti Ganatra is independent board member.Here is the list of 1Silverbullet's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 5y 3m | |
Independent board member | - | Current | 5y 3m | |
{okxqvm | Independent board member | - | Past | 6y 6m |
View details of 1Silverbullet's Founder profiles and Board Members
1Silverbullet's employee count trend
1Silverbullet has 72 employees as of Feb 25. Here is 1Silverbullet's employee count trend over the years:
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1Silverbullet's Competitors and alternates
Top competitors of 1Silverbullet include Bolttech, Akur8 Technologies and Zopper. Here is the list of Top 10 competitors of 1Silverbullet, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of digital infrastructure for embedding insurance into customer journeys | $640M | 78/100 | ||
2nd | Akur8 Technologies 2018, Paris (France), Series C | Provider of pricing and reserving platform for the insurance industry | $180M | 70/100 | |
3rd | Provider of API-enabled insurance distribution and management solutions | $125M | 67/100 | ||
4th | Cover Genius 2014, New York City (United States), Series F | Provider of a software suite for the insurance industry | $355M | 67/100 | |
5th | Atomic 2020, San Francisco (United States), Series C | Wealth management solutions for financial institutions | $95.2M | 66/100 | |
6th | Bharatsure 2021, Mumbai (India), Seed | Provider of technology and infrastructure for employee benefits and embedded insurance | $3.93M | 66/100 | |
7th | DriveWealth 2012, Chatham (United States), Series D | Online platform offering cloud-based API embedded investing solutions | $542M | 66/100 | |
8th | Software suite for the insurance industry | $100M | 65/100 | ||
9th | Sure 2013, San Diego (United States), Series C | Insurance as a service platform for insurance carriers and other businesses | $123M | 65/100 | |
10th | AI-based software suite for the insurance industry | $53M | 62/100 | ||
37th | 1Silverbullet 2021, Mumbai (India), Seed | 1Silverbullet is creating a layer of standardization in the financial services ecosystem. Our APIs lay out a collaborative pathway that is scalable, secure, and simple in its implementation. 1Silverbullet’s platform combines streamlined access to financial services with a plug-and-play solution | $850K | 41/100 |
Looking for more details on 1Silverbullet's competitors? Click here to see the top ones
1Silverbullet's Investments and acquisitions
1Silverbullet has made no investments or acquisitions yet.
Reports related to 1Silverbullet
Here is the latest report on 1Silverbullet's sector:
News related to 1Silverbullet
•
9Platforms Technology, operating under the brand 1Silverbullet, has sold a minority share to HDFC SecuritiesCFI Group•Aug 10, 2023•1Silverbullet, CFI, HDFC Bank
•
India Gets It's First State-of-the-art Investment and Insurance B2B Gateway With the Launch of 1SilverBulletIndianWeb2•Dec 08, 2021•1Silverbullet
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