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Easypolicy - About the company

Easypolicy is an acquired company based in Noida (India), founded in 2011 by Neeraj Aggarwala, Divyanshu Tripathi, Alok Bhatnagar and Ankit Sachdeva. It operates as an Online comparison platform for life and non-life insurance. Easypolicy has raised $13.1M in funding from investors like Unilazer Ventures, Windy Investments and Sherisha Technologies, with last known valuation of $*****. The company has 107 active competitors, including 25 funded and 4 that have exited. Its top competitors include companies like Policybazaar, Turtlemint and PB Fintech.

Company Details

Online comparison platform for life and non-life insurance. It offers quotes for car insurance, health insurance, travel insurance, and life insurance, among others. It is an online platform that allows users to enter the details of the insurance requirements and get instant quotes.
Social
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Part Of
Registered Address
15,4th Floor, Pratap Nagar (Near Indian Bank) Mayur Vihar-1, Delhi 110091, East Delhi, Delhi, Delhi, India, 110091
Key Metrics
Founded Year
2011
Location
Noida, India
Stage
Acquired
Total Funding
$13.1M in 4 rounds
Latest Funding Round
Last Known Valuation
$***** as on Mar 18, 2017
Ranked
Annual Revenue
₹8.15Cr as on Mar 31, 2022
Employee Count
2 as on Mar 31, 2023
Similar Companies
Exit Details
Acquired by Unilazer Ventures (Jun 27, 2017)

Easypolicy's acquisition details

Easypolicy got acquired by Unilazer Ventures on Jun 27, 2017 at an acquisition amount of $2.31M.
Click here to take a look at Easypolicy's acquisition in detail
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Easypolicy's funding and investors

Easypolicy has raised a total funding of $13.1M over 4 rounds. Its first funding round was on Jan 24, 2015. Its latest funding round was a Series A round on Mar 18, 2017 for $*****. 1 investor participated in its latest round. Easypolicy has 7 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of Easypolicy:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 18, 2017
4909774
Series A
1671928
8959691
5396708
2853046
Nov 03, 2016
7420009
Series A
8897685
2592029
5462641
5316587
Jan 13, 2016
5331811
Seed
2458323
1587365
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Easypolicy's founders and board of directors

Founder? Claim Profile
The founders of Easypolicy are Neeraj Aggarwala, Divyanshu Tripathi, Alok Bhatnagar and Ankit Sachdeva. Divyanshu Tripathi is the CEO of Easypolicy.
Here are the details of Easypolicy's key team members:

Easypolicy's Board of Directors

Easypolicy's board has 4 active members. Arvind Shivhare is part of team and Amit Kumar, Saloni Sharma and Siddharth Achyut Deosthalee are independent board members.
Here is the list of Easypolicy's board of directors:
Name
Type
Representing
Status
Duration
jb{wqjl
Team
-
Past
9y 3m
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Team
-
Past
9y 8m
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Team
-
Past
4y 9m
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Team
-
Past
8y 5m
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Team
-
Past
1y 9m
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Team
-
Past
8y 8m
aefcbaq
Team
-
Past
6y 9m
Independent board member
-
Current
4y 3m
ehneoiu
Independent board member
-
Current
2y 5m
rqxbriw
Independent board member
-
Past
5y 5m

Easypolicy's employee count trend

Easypolicy has 2 employees as of Mar 23. The total employee count is the same as what it was in Mar 22. Here is Easypolicy's employee count trend over the years:
Employee count trend for Easypolicy
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Easypolicy's Competitors and alternates

Top competitors of Easypolicy include Policybazaar, Turtlemint and PB Fintech. Here is the list of Top 10 competitors of Easypolicy, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Policybazaar
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
Logo for Turtlemint
Turtlemint
2015, Mumbai (India), Series E
Provider of platform for comparing and purchasing insurance, loans, and funds
$220M
72/100
3rd
Logo for PB Fintech
PB Fintech
2008, Gurugram (India), Public
Provider of an online platform offering insurance and lending products through its flagship brands
$443M
69/100
4th
Logo for InsuranceDekho
InsuranceDekho
2016, Gurugram (India), Series C
Provider of online insurance policy comparison and purchasing platform
$362M
64/100
5th
Logo for QuickInsure
QuickInsure
2016, Pune (India), Series A
Provider of platform to compare and buy insurance policies online
$6.64M
64/100
6th
Logo for Ditto Insurance
Ditto Insurance
2018, Bengaluru (India), Seed
Provider of advisory services for health and term life insurance
$541K
63/100
7th
Logo for Coverfox Insurance
Coverfox Insurance
2013, Mumbai (India), Series C
Provider of platform to compare and purchase various insurance policies online
$54.9M
62/100
8th
Logo for Square Insurance Brokers
Square Insurance Brokers
2017, Jaipur (India), Seed
Platform for insurance broking and policy comparison
$4M
60/100
9th
Logo for Probus Insurance
Probus Insurance
2002, Mumbai (India), Series A
Digital insurance platform offering policy comparison across multiple insurance categories
$6.7M
55/100
10th
Logo for RenewBuy
RenewBuy
2015, Gurugram (India), Series D
Retailer of insurance products, including health, life, motor, and OPD
$151M
54/100
32nd
Logo for Easypolicy
Easypolicy
2011, Noida (India), Acquired
Online comparison platform for life and non-life insurance
$13.1M
36/100
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Looking for more details on Easypolicy's competitors? Click here to see the top ones

Easypolicy's Latest cap tables and shareholding

Founders (largest shareholder) own 57.77%, Parent Entities own 33.84%, Enterprises own 7.24% and Angels own 0.13%. The net worth of Easypolicy's founders is INR 22.2Cr as of Mar 18, 2017.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
57.77%
22.2Cr
8793969
9407214
8302741
5189366
7046471
9225909
5659099
6231481
2580052
4678503
4389875
9133540
9379094
9074238
7111770
8950448
2595
6091
5568
2410
1654
5356
Parent Entity
33.84%
13Cr
6947294
9743720
5461057
9079057
Enterprise
7.24%
2.78Cr
3487386
6026695
5155999
7937331
Angel
0.13%
5L
0
0
0
0
Other People
1.03%
39.6L
4
4
4
2
Total
100.00%
38.4Cr
2291942
3530209
4434643
4933828
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Easypolicy's Shareholding

Easypolicy's Investments and acquisitions

Easypolicy has made no investments or acquisitions yet.

Reports related to Easypolicy

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News related to Easypolicy

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