BEAMSTART Logo

HomeCompaniesProfile

IMT Care

Disrupting Indian Insurance space by empowering distrubutors 


Location

Company Size

11 - 50 employees

Year Founded

2021


About IMT Care

India’s insurance market is filled with bygone products, which do not cater to 95% of the market's demand for specific products such as illness-specific insurance, primary care with insurance, and surgical insurance to name a few.

We, at IMT, aim to target this white space by creating innovative products that fulfill this new demand by empowering the agents. Agents are the largest insurance distribution channel in India and cover 85% of the premium collection.

Agents collect 20B premium every year. With a 5% take rate, it’s a 1B dollar market opportunity growing at 22% CAGR.

Kunal has 15+ years of experience working with insurance companies and building agent networks, while he scaled his brokerage business to 3M dollars in revenue. Rachit has 12+ years of experience in building tech products, he was a founding engineer at Payu (stripe of India).

Founders & Key People

Rachit Puri

Rachit Puri

Founder, IMT Care

Kunal Popat

Kunal Popat

Founder, IMT Care


Financials Beta

Business Model: Not Specified

Revenues: Not Specified

Expenses: Not Specified

Debt: Request

Operating Status: Active

Funding Raised: $0

Investment Rounds: 0 Rounds

Funding Stage: Not Specified

Last Funding Date: Not Specified


Frequently Asked Questions

What industry is IMT Care in?

IMT Care is in the Finance & Financial Services, Fintech, and Insurtech industry.

Who are IMT Care's founders and individuals in key leadership positions?

IMT Care has 2 founders and people in key management positions. They are:
  • Rachit Puri
  • Kunal Popat
  • How long has IMT Care been in business?

    IMT Care was established in 2021 (3 years in business).

    Is IMT Care currently hiring?

    No, IMT Care is currently not hiring.

    Visit IMT Care's Jobs Page to stay updated with any upcoming open positions.

    Which country is IMT Care headquartered in?

    IMT Care is based in India.

    Share This Profile

    More Companies

    Cypher Wallet

    Banking built with on-chain primitives for web3 founders and teams

    Duffl

    10-minute delivery service for college students.

    Mintlify

    The modern standard for documentation

    JMU TRADING

    We join in government bidding for projects and supplies

    Zapier

    The easiest way to automate your work.

    BiggerPicture

    Scheduling automation platform between trucking and warehousing

    BEAMSTART

    BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

    © Copyright 2024 BEAMSTART. All Rights Reserved.