Beshak - About the company
Beshak is a seed company based in Mumbai (India), founded in 2019 by Mahavir Chopra, Thribhuvan Lokesh and Aayush Dubey. It operates as a Provider of financial and insurance services. Beshak has raised $226K in funding from 35North Ventures and Pixeldust, with a current valuation of ₹*****. The company has 104 active competitors, including 23 funded and 4 that have exited. Its top competitors include companies like Policybazaar, Turtlemint and PB Fintech.
Company Details
Unbiased insurance platform empowering informed decisions with expert reviews and community support. It is a neutral platform dedicated to insurance consumer awareness, providing unbiased resources and tools to help individuals make informed financial decisions confidently. The platform offers expert reviews and comparisons of insurance plans, fostering a community where users can access research, consult experts, and decode complex insurance policies. It aims to bring peace of mind to insurance by offering unbiased guidance, especially in claims assistance. The business model focuses on remaining independent by avoiding marketing alliances with insurers, ensuring that research and recommendations are free from influence. It is a B2C platform with a social impact, promoting transparency and trust in the insurance industry. Key features include a forum, expert consultations, and resources for understanding insurance policies. The platform offers login, sign-up, and account management features.
- Website
- www.beshak.org/
- Social
- Email ID
- *****@beshak.org
- Registered Address
- A/914, Kailash Business Park, Veer Savarkar Marg, Vikhroli West, Mumbai, Mumbai, Mumbai, Maharashtra, India, 400079
Legal entities associated with Beshak
Beshak is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BESHAK SOLUTIONS PRIVATE LIMITED CIN: U74999MH2020PTC344616 , India, Active | Aug 26, 2020 | $214K (As on Mar 31, 2025) | - |
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Beshak's funding and investors
Beshak has raised a total funding of $226K over 3 rounds. Its first funding round was on Mar 16, 2021. Its latest funding round was a Seed round on Mar 04, 2024 for $*****. 1 investor participated in its latest round. Beshak has 2 institutional investors and 18 angel investors.
Here is the list of recent funding rounds of Beshak:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 04, 2024 | 3749175 | Seed | 9978563 | 1210069 | 4077532 | 5430197 |
Jan 24, 2022 | 9981597 | Seed | 5428274 | 6959159 | 5565934 | 8218743 |
Mar 16, 2021 | 4234223 | Angel | 4137530 | 3646229 | 9808961 |
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Beshak's founders and board of directors
Founder? Claim ProfileHere are the details of Beshak's key team members:
- Mahavir Chopra: Founder of Beshak. They serve on the board of 1 company.
- Thribhuvan Lokesh: Co-Founder and CTO at Beshak.org of Beshak. They serve on the board of 1 company.
- Aayush Dubey: Co-Founder of Beshak. Contact Info: 1 email address
Beshak's Board of Directors
Beshak's board has 1 active member. Mahavir Chopra is part of team.Here is the list of Beshak's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 5y 7m |
View details of Beshak's Founder profiles and Board Members
Beshak's employee count trend
Beshak has 12 employees as of Jul 24. Here is Beshak's employee count trend over the years:
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Beshak's Competitors and alternates
Top competitors of Beshak include Policybazaar, Turtlemint and PB Fintech. Here is the list of Top 10 competitors of Beshak, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Policybazaar 2008, Gurugram (India), Late Stage | Online platform for insurance buyers, offering a wide range of life insurance and general insurance plans | - | 77/100 | |
2nd |  Turtlemint 2015, Mumbai (India), Series E | Provider of platform for comparing and purchasing insurance, loans, and funds | $220M | 72/100 | |
3rd |  PB Fintech 2008, Gurugram (India), Public | Provider of an online platform offering insurance and lending products through its flagship brands | $443M | 69/100 | |
4th |  InsuranceDekho 2016, Gurugram (India), Series C | Provider of online insurance policy comparison and purchasing platform | $362M | 64/100 | |
5th | QuickInsure 2016, Pune (India), Series A | Provider of platform to compare and buy insurance policies online | $6.64M | 63/100 | |
6th | Coverfox Insurance 2013, Mumbai (India), Series C | Provider of platform to compare and purchase various insurance policies online | $55.1M | 63/100 | |
7th |  Ditto Insurance 2018, Bengaluru (India), Seed | Provider of advisory services for health and term life insurance | $541K | 62/100 | |
8th | Retailer of insurance products, including health, life, motor, and OPD | $151M | 55/100 | ||
9th |  Girnar Finserv 2019, Jaipur (India), Series C | Provider of financial services and solutions | $116M | 54/100 | |
10th |  Square Insurance 2017, Jaipur (India), Seed | Platform for insurance broking and policy comparison | $4M | 52/100 | |
32nd | Provider of financial and insurance services | $226K | 34/100 |
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Beshak's Latest cap tables and shareholding
Founders (largest shareholder) own 41.37%, Funds own 4.76%, Enterprises own 29.52% and Angels own 2.88%. The net worth of Beshak's founders is INR 8.69Cr as of Jun 28, 2024.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 41.37% | 8.69Cr | 1152064 | 1224891 | 1013420 | 9698327 |
9550958 | 5634935 | 5553393 | 6533059 | 3483146 | 3356204 | |
Fund | 4.76% | 1Cr | 8692 | 1608 | 2531 | 8523 |
3974 | 1316 | 8267 | 5530 | 2910 | 7784 | |
Enterprise | 29.52% | 6.2Cr | 1306737 | 1046169 | 2077101 | 1184298 |
Angel | 2.88% | 60.1L | 46 | 79 | 44 | 56 |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Other People | 21.48% | 4.51Cr | 4668568 | 9810089 | 8036210 | 7999709 |
Total | 100.00% | 21Cr | 5984456 | 6840563 | 3320770 | 6829216 |
To unlock detailed Cap Table of Beshak Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Beshak's Shareholding
Beshak's Investments and acquisitions
Beshak has made no investments or acquisitions yet.
News related to Beshak
•
Exclusive: Beshak Insurance set to raise funds from 35 North VenturesEntrackr•Mar 18, 2024•Beshak, 35North Ventures, Newspace Research and Technologies, CloudTailor and 2 others
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