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 Jun 30, 2026, the latest employee count at SBI General is 8298.

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 311 active competitors, of which 8 are funded. It stands 5th 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 ICICI Lombard, Bajaj Finserv and Aditya Birla Capital. 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 311 active competitors, including 8 funded and 33 that have exited. Its top competitors include companies like ICICI Lombard, Bajaj Finserv and Aditya Birla Capital.

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 & 13 more

Ranked

9^th among 311 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2024

Employee Count

8,298 as on Jun 30, 2026

Investment & Acquisitions

HCC & 8 more

Similar Companies

AXA & 12092 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 10 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	8814353	Seed	9287512	2750290	5953381	6796367
Oct 20, 2022	3233562	Angel	9124666	7858556	5483876	1259890
Sep 08, 2021	9198279	Angel	5757532	3597576	Amar Bakul Joshi	Mahendra Kumar Tripathi & 1 more

Access funding benchmarks and valuations. Sign up today!

View details of SBI General's funding rounds and investors

SBI General's Board of Directors

SBI General's board has 9 active members. Pushan Mahapatra and Naveen Chandra Jha are part of team and Tekkethalakal Kurein, Deepak Ishwarbhai Amin, Ashima Goyal, Shakotai Chakrapani Srinivasan, Sundaram Damodarannair, Pravin Kutumbe and Mahender Kumar Garg 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 6m
zxyfift	Team	-	Current	8y 3m
Tekkethalakal Kurein	Independent board member	-	Current	6y 1m
ihhasgl	Independent board member	-	Current	4y 3m
fgmzgzt	Independent board member	-	Current	7y 6m
uawt{hx	Independent board member	-	Current	3y 1m
cfqtqbs	Independent board member	-	Current	5y 9m
paeawvy	Independent board member	-	Current	3y 4m
{juykob	Independent board member	-	Past	6y 5m
eatxoxi	Independent board member	-	Past	3y 6m
rubk{oh	Independent board member	-	Past	6y 2m
gqbzydn	Independent board member	-	Past	7y 2m

SBI General's employee count trend

SBI General has 8,298 employees as of Jun 26. Here is SBI General's employee count trend over the years:

Uncover SBI General's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of SBI General include ICICI Lombard, Bajaj Finserv and Aditya Birla Capital. 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	ICICI Lombard 2001, Mumbai (India), Public	Provider of life & health insurance, and general coverage services	$307M	Education Growth Partners, India Capital Growth ... & 4 others	78/100
2nd	Bajaj Finserv 2007, Pune (India), Public	Financial services conglomerate offers a range of financial solutions	-	WestBridge Capital, Nepean Capital & 4 others	74/100
3rd	Aditya Birla Capital 2007, Mumbai (India), Public	Provider of loans, investments, insurance, UPI, and bill payment services	-	IFC, ADIA & 9 others	73/100
4th	MetLife 1868, New York City (United States), Public	Internet first provider of life, health, auto, home, and pet insurance services	-	Stone Point Capital, Village Capital & 1 others	73/100
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	ICICI Prudential Life Insurance 2001, Mumbai (India), Public	Provider of life insurance services	$295M	Premji Invest, Temasek	69/100
7th	HDFC Life 2000, Mumbai (India), Public	Provider of life insurance services	-	Premji Invest, 360 One & 2 others	68/100
8th	PNB MetLife 2001, Bengaluru (India), Funding Raised	Provider of life insurance services	-	Manimaya Holding, Faridabad Investment Company ... & 6 others	67/100
9th	SBI General 2009, Mumbai (India), Seed	Provider of general insurance services	$85.4M	Avendus, Premji Invest & 12 others	67/100
10th	Star Health and Allied Insurance 2006, Chennai (India), Public	Provider of health insurance services	$783M	ICICI Venture, Apis Partners & 43 others	67/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on SBI General's competitors? Click here to see the top ones

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	2172937	7882900	9149359	2159268
Warburg Pincus	5862351	4250480	6849317	6570501	3919625	8326685
Parent Entity	67.99%	21,500Cr	1158404	8052993	7486483	3076788
Enterprise	15.55%	4,910Cr	6659907	2403375	7526609	4541657
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	88	34	36	57
Total	100.00%	31,600Cr	7279852	2257684	6486495	5043028