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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 123 active competitors, including 20 funded and 7 that have exited. Its top competitors include companies like Turtlemint, Policybazaar 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
XFacebook
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 Jun 27, 2017
Ranked
Annual Revenue
0 - ₹10 Cr 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 $*****.
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
7637783
Series A
8811852
7558648
3048090
4607695
Nov 03, 2016
7052059
Series A
2445297
7701908
7598832
9894684
Jan 13, 2016
6663393
Seed
8771138
8819255
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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
zykbbuy
Team
-
Past
3y 9m
z{lapda
Team
-
Past
7y 7m
swmszsh
Team
-
Past
8y 6m
wctje{l
Team
-
Past
5y 4m
ypcntli
Team
-
Past
7y 3m
gszaeqa
Team
-
Past
3y 7m
tujbn{a
Team
-
Past
4y 4m
Independent board member
-
Current
4y 11m
dlzhzrd
Independent board member
-
Current
6y 4m
lgxzew{
Independent board member
-
Past
6y 1m

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 Turtlemint, Policybazaar 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 Turtlemint
Turtlemint
2015, Mumbai (India), Public
Provider of platform for comparing and purchasing insurance, loans, and funds
$220M
82/100
2nd
Logo for Policybazaar
Policybazaar
2008, Gurugram (India), Late Stage
Online marketplace for purchasing various types of insurance policies
-
76/100
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
75/100
4th
Logo for Coverfox
Coverfox
2013, Mumbai (India), Funding Raised
Provider of insurance distribution services for the lending ecosystem
-
66/100
5th
Logo for Ditto
Ditto
2018, Bengaluru (India), Unfunded
Provider of insurance advisory services helping individuals understand and select insurance policies
-
-
62/100
6th
Logo for QuickInsure
QuickInsure
2016, Pune (India), Series A
Provider of platform to compare and buy insurance policies online
$6.64M
58/100
7th
Logo for RenewBuy
RenewBuy
2015, Gurugram (India), Series D
Retailer of insurance products, including health, life, motor, and OPD
$145M
58/100
8th
Logo for InsuranceDekho
InsuranceDekho
2016, Gurugram (India), Series C
Provider of online insurance policy comparison and purchasing platform
$362M
57/100
9th
Logo for PolicyX
PolicyX
2013, Gurugram (India), Unfunded
Provider of online comparison tools for health life term insurance
-
-
55/100
10th
Logo for Girnar Finserv
Girnar Finserv
2019, Gurugram (India), Series C
Provider of insurance, credit, and investment comparison services
$116M
54/100
34th
Logo for Easypolicy
Easypolicy
2011, Noida (India), Acquired
Online comparison platform for life and non-life insurance
$13.1M
35/100
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Looking for more details on Easypolicy's competitors? Click here to see the top ones

Financials of Easypolicy

EASYPOLICY INSURANCE WEB AGGREGATORS PRIVATE LIMITED, the legal entity associated with Easypolicy, generated less than ₹10 Cr in revenue for the financial year ending on Mar 31, 2022. The revenue of EASYPOLICY INSURANCE WEB AGGREGATORS PRIVATE LIMITED has a compounded annual growth rate (CAGR) of -30% in the last 1 year.

Financial Statement Summary

Metrics
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
Income Statement
Revenue
9011
5091
5371
7856
3337
Total Sales
9524
8430
4704
1884
5252
Total Expenses
2192
9023
3319
7832
6428
Operating Expenses
9519
2858
5537
6665
8468
Employee Expenses
9845
1846
9435
9310
1211
Marketing Expenses
7175
8546
3873
5505
2529
Operating Income (EBIT)
2664
6531
4367
8467
9796
Interest Expenses
5111
9035
3239
8471
8900
Expenses from other activities
2132
1910
4262
4820
9541
Information Technology Expenses
6649
1787
8080
2454
6432
EBITDA
4714
3018
3964
6974
2084
Taxes
9641
3094
2800
3249
9017
Net Profit
8181
9148
1118
9693
6349
Balance Sheet
Assets
8895
5711
5380
3615
1344
Cash Equivalent
3613
9462
2041
9018
2526
Accounts Receivables
8422
4375
5893
5513
1164
Inventory
1257
9346
3645
6282
7296
Liabilities
2245
9291
1201
2796
4821
Total Debt
3567
2173
4719
9285
9651
Accounts Payable
4934
8323
1625
6696
8505
Equities
8383
1315
5969
4342
4630
Cashflow Statement
Cash from Operating activities
6407
5680
5716
5373
3459
Cash from Investing activities
1340
3056
7030
2079
6562
Net cash from Financing activities
9583
1384
7356
9905
2080

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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$10.99$2.53(excl. taxes)
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What documents will you get?
  • Financial Summary & Charts
  • Detailed Income Statement, Balance Sheet, Cashflow Statement
  • Profitability Ratios, Liquidity Ratios, Growth Ratios
  • Audited Financial Statement (AOC-4), Shareholding Pattern

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. The cap table displayed below is for EASYPOLICY INSURANCE WEB AGGREGATORS PRIVATE LIMITED which is the legal entity associated with Easypolicy.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
57.77%
22.2Cr
7575299
8893889
3264525
8320446
7452352
4142740
3139872
3416179
5914907
8802818
1310272
8506441
3682099
3595508
7651487
4317127
8766
2984
4313
2682
4766
6205
Parent Entity
33.84%
13Cr
4455095
6152073
5043101
6425865
Enterprise
7.24%
2.78Cr
9678919
7951160
3591957
2908081
Angel
0.13%
5L
0
0
0
0
Other People
1.03%
39.6L
1
2
5
7
Total
100.00%
38.4Cr
3723416
2246656
2012838
9124477
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
Download Sample Files
What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Easypolicy's Investments and acquisitions

Easypolicy has made no investments or acquisitions yet.

Reports related to Easypolicy

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