When was SBI General founded?

SBI General was founded in 2009 and raised its 1st funding round 12 years after it was founded.

Where is SBI General located?

SBI General is headquartered in Mumbai, India. It is registered at 9th Floor, A & B Wing Fulcrum Building, Sahar Road, Andheri East, Mumbai City, Mumbai, Maharashtra, India, 400099.

Which legal entities is SBI General associated with?

SBI General is associated with SBI GENERAL INSURANCE COMPANY LIMITED.

How many employees does SBI General have?

As of Aug 31, 2026, the latest employee count at SBI General is 8502.

Is SBI General a funded company?

SBI General is a funded company, having raised a total of $85.4M across 3 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Sep 08, 2021.

How much is SBI General worth?

The latest valuation of SBI General is $***** as of Apr 28, 2023.

When was the latest funding round of SBI General?

SBI General's latest funding was a $***** Seed round on Apr 28, 2023, with participation from 5 investors.

What is the annual revenue of SBI General?

Annual revenue of SBI General is between ₹100 Cr and ₹500 Cr as on Mar 31, 2024

Where does SBI General rank among its competitors?

SBI General ranks 9th amongst 320 active competitors, of which 7 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Aditya Birla Capital, which secured an undisclosed amount in Aug, 2025.

Who are the top competitors of SBI General?

SBI General's top competitors include Aditya Birla Capital, Bajaj Finserv and MetLife. Among them, Aditya Birla Capital secured the most recent funding round in August, 2025.

SBI General - 2026 Company Profile, Team, Funding, Competitors & Financials

SBI General is a seed company based in Mumbai (India), founded in 2009. It operates as a Provider of general insurance services. SBI General has raised $85.4M in funding from SBI and Warburg Pincus, with a current valuation of $*****. The company has 320 active competitors, including 7 funded and 33 that have exited. Its top competitors include companies like Aditya Birla Capital, Bajaj Finserv and MetLife.

Company Details

Provider of general insurance services. Its also offers a wide range of insurance services include health, motor, home, travel, personal accident, life, agriculture, business, personal accident and cyber.

Website: www.sbigeneral.in/
Social
Email ID: *****@sbigeneral.in
Phone Number: +91 **********
Part Of
Registered Address: 9th Floor, A & B Wing Fulcrum Building, Sahar Road, Andheri East, Mumbai City, Mumbai, Maharashtra, India, 400099

Key Metrics

Founded Year

2009

Location

Mumbai, India

Stage

Seed

Total Funding

$85.4M in 3 rounds

Latest Funding Round

Seed, Apr 28, 2023, $*****

Post Money Valuation

$***** as on Apr 28, 2023

Investors

SBI & 14 more

Ranked

9^th among 320 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2024

Employee Count

8,502 as on Aug 31, 2026

Investment & Acquisitions

HCC & 9 more

Similar Companies

AXA & 12286 more

View SBI General's full profile

SBI General is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SBI GENERAL INSURANCE COMPANY LIMITED CIN: U66000MH2009PLC190546 , India, Active	Feb 24, 2009	₹100 - ₹500 Cr (As on Mar 31, 2024)	8058 (As on Aug 01, 2025)

SBI General has raised a total funding of $85.4M over 3 rounds. Its first funding round was on Sep 08, 2021. Its latest funding round was a Seed round on Apr 28, 2023 for $*****. 5 investors participated in its latest round. SBI General has 11 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of SBI General:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 28, 2023	6258240	Seed	7704328	6108862	4207686	3694079
Oct 20, 2022	7843980	Angel	9902485	9335558	5790159	7426876
Sep 08, 2021	9902730	Angel	7021108	6922710	Amar Bakul Joshi	Mahendra Kumar Tripathi & 1 more

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View details of SBI General's funding rounds and investors

SBI General's Board of Directors

SBI General's board has 9 active members. Naveen Chandra Jha and Pushan Mahapatra are part of team and Tekkethalakal Kurein, Deepak Ishwarbhai Amin, Ashima Goyal, Shakotai Chakrapani Srinivasan, Pravin Kutumbe, Mahender Kumar Garg and Sundaram Damodarannair are independent board members.

Here is the list of SBI General's board of directors:

Name	Type	Representing	Status	Duration
Pushan Mahapatra	Team	-	Current	7y 8m
occh{oq	Team	-	Current	6y 2m
Tekkethalakal Kurein	Independent board member	-	Current	6y 3m
ykxoxtr	Independent board member	-	Current	8y 5m
uzrftfq	Independent board member	-	Current	9y 2m
bofyxfj	Independent board member	-	Current	3y 4m
xcadn{d	Independent board member	-	Current	1y 2m
lzvmssl	Independent board member	-	Current	3y 9m
hdvbwvx	Independent board member	-	Past	7y 5m
wna{jkj	Independent board member	-	Past	3y 1m
hdk{tgd	Independent board member	-	Past	8y 2m
banutor	Independent board member	-	Past	5y 6m

SBI General's employee count trend

SBI General has 8,502 employees as of Aug 26. Here is SBI General's employee count trend over the years:

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Top competitors of SBI General include Aditya Birla Capital, Bajaj Finserv and MetLife. Here is the list of Top 10 competitors of SBI General, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Aditya Birla Capital 2007, Mumbai (India), Public	Provider of loans, investments, insurance, UPI, and bill payment services	-	IFC, ADIA & 9 others	74/100
2nd	Bajaj Finserv 2007, Pune (India), Public	Financial services conglomerate offers a range of financial solutions	-	Nepean Capital, WestBridge Capital & 4 others	74/100
3rd	MetLife 1868, New York City (United States), Public	Provider of insurance products and employee benefit programs for individuals	-	Village Capital, Stone Point Capital & 1 others	73/100
4th	ICICI Lombard 2001, Mumbai (India), Public	Provider of life & health insurance, and general coverage services	$307M	Education Growth Partners, India Capital Growth ... & 4 others	71/100
5th	SBI Life Insurance 2001, Mumbai (India), Public	Life Insurance joint venture between SBI and BNP Paribas Cardiff	$264M	Temasek, KKR & 9 others	71/100
6th	HDFC Life 2000, Mumbai (India), Public	Provider of life insurance services	-	Premji Invest, 360 One & 2 others	69/100
7th	PNB MetLife 2001, Bengaluru (India), Late Stage	Provider of life insurance services	-	Manimaya Holding, Faridabad Investment Company ... & 6 others	68/100
8th	Star Health and Allied Insurance 2006, Chennai (India), Public	Provider of health insurance services	$783M	Apis Partners, ICICI Venture & 44 others	67/100
9th	SBI General 2009, Mumbai (India), Seed	Provider of general insurance services	$85.4M	Premji Invest, 360 One & 13 others	67/100
10th	Tata AIA Life Insurance 2001, Mumbai (India), Late Stage	Provider of life insurance plans including term, wealth, retirement, and health	-	-	65/100

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Funds own 13.56%, Parent Entities (largest shareholder) own 67.99%, Enterprises own 15.55% and Angels own 0.06%.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Fund	13.56%	4,280Cr	9154830	7103849	8197898	3313573
Warburg Pincus	8121303	7147603	9387784	1238426	4592247	3672622
Parent Entity	67.99%	21,500Cr	9154790	9799775	5318851	8944864
Enterprise	15.55%	4,910Cr	6623723	5011470	6373748	4772638
Angel	0.06%	19Cr	0	0	0	0
Amar Bakul Joshi	0	0	0	0	0	0
Mahendra Kumar Tripathi	0	0	0	0	0	0
Other People	0.00%	69.6K	0	0	0	0
ESOP Pool	2.85%	899Cr	14	68	37	60
Total	100.00%	31,600Cr	1294418	9562780	8887520	4191457