Bimakart - About the company
Bimakart is a seed company based in Mumbai (India), founded by Pravin Kabra. It operates as an Insurance provider offering advisory services and flexible EMI payment options. Bimakart has raised $3.66M in funding, with a current valuation of ₹*****. The company has 319 active competitors, including 8 funded and 33 that have exited. Its top competitors include companies like ICICI Lombard, Aditya Birla Capital and Bajaj Finserv.
Company Details
Insurance provider offering advisory services and flexible EMI payment options. It simplifies insurance by providing guidance to select suitable policies. The company facilitates insurance purchases through online, tele-advisory, and center visits. It offers options for paying premiums in installments. The company focuses on making insurance accessible by providing support throughout the claim process.
- Website
- bimakart.in
- Registered Address
- S.NO. 1-11-1022, KABRA NAGAR, Shivajinagar (Nanded), Nanded, Nanded, Maharashtra, India, 431602
Key Metrics
Location
Mumbai, India
Stage
Seed
Total Funding
$3.66M in 3 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Aug 19, 2026
Ranked
110th among 319 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Similar Companies
Legal entities associated with Bimakart
Bimakart is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
INCIO FINTECH PRIVATE LIMITED CIN: U66220MH2023PTC412314 , India, Active | Oct 16, 2023 | 0 - ₹10 Cr (As on Mar 31, 2025) | - |
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Bimakart's funding and investors
Bimakart has raised a total funding of $3.66M over 3 rounds. Its first funding round was on Sep 17, 2024. Its latest funding round was a Seed round on Jul 07, 2026 for $*****. 28 investors participated in its latest round.
Here is the list of recent funding rounds of Bimakart:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 07, 2026 | 3609195 | Seed | 5130585 | 8123629 | 9536753 | 1752561 |
May 23, 2025 | 9137200 | Seed | 6543276 | 7873701 | 7768507 | |
Sep 17, 2024 | 8829815 | Seed | 7523471 | 7916217 |
View details of Bimakart's funding rounds and investors
Bimakart's founders and board of directors
Founder? Claim ProfileHere are the details of Bimakart's key team members:
- Pravin Kabra: Co-Founder & CEO of Bimakart and founder of 1 other company. They serve on the boards of 2 companies.Contact Info: 1 email address and 1 phone number
Bimakart's Board of Directors
Bimakart's board has 3 active members. Pravin Kabra is part of team and Sachin Kabra and Chetna Pravin Kabra are independent board members.Here is the list of Bimakart's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 2y 7m | |
Independent board member | - | Current | 2y 10m | |
xakqocr | Independent board member | - | Current | 3y 9m |
View details of Bimakart's Founder profiles and Board Members
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Bimakart's Competitors and alternates
Top competitors of Bimakart include ICICI Lombard, Aditya Birla Capital and Bajaj Finserv. Here is the list of Top 10 competitors of Bimakart, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ICICI Lombard 2001, Mumbai (India), Public | Provider of life & health insurance, and general coverage services | $307M | 78/100 | |
2nd | Aditya Birla Capital 2007, Mumbai (India), Public | Provider of loans, investments, insurance, UPI, and bill payment services | - | 74/100 | |
3rd | Bajaj Finserv 2007, Pune (India), Public | Financial services conglomerate offers a range of financial solutions | - | 74/100 | |
4th | MetLife 1868, New York City (United States), Public | Provider of insurance products and employee benefit programs for individuals | - | 73/100 | |
5th | SBI Life Insurance 2001, Mumbai (India), Public | Life Insurance joint venture between SBI and BNP Paribas Cardiff | $264M | 71/100 | |
6th | ICICI Prudential Life Insurance 2000, Mumbai (India), Public | Provider of life insurance services | $295M | 69/100 | |
7th | Provider of life insurance services | - | 68/100 | ||
8th | PNB MetLife 2001, Bengaluru (India), Late Stage | Provider of life insurance services | - | 67/100 | |
9th | Star Health and Allied Insurance 2006, Chennai (India), Public | Provider of health insurance services | $783M | 67/100 | |
10th | SBI General 2009, Mumbai (India), Seed | Provider of general insurance services | $85.4M | 67/100 | |
110th | Insurance provider offering advisory services and flexible EMI payment options | $3.66M | - | 39/100 |
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Bimakart's Investments and acquisitions
Bimakart has made no investments or acquisitions yet.
Reports related to Bimakart
Here is the latest report on Bimakart's sector:
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