CosmicTaco

InsuranceDekho's Revenue Skyrockets 7.7X, Posts Rs 86 Cr Profit in FY24

CosmicTaco · 2024-11-14T20:17:57.781696+05:30

* InsuranceDekho's revenue soared 7.7X in FY24, posting a profit of Rs 86 Cr compared to a loss of Rs 51 Cr in FY23. * The company's total income reached Rs 785 Cr in FY24, with insurance brokerage being the largest revenue generator. * After securing $60 million in a Series B funding round, InsuranceDekho is reportedly in talks to merge with Renewbuy, aiming to compete with industry leader PolicyBazaar. Source: [Entrackr](https://entrackr.com/fintrackr/insurancedekho-revenue-soars-77x-in-fy24-posts-rs-86-cr-profit-7580005)

InsuranceDekho's revenue soared 7.7X in FY24, posting a profit of Rs 86 Cr compared to a loss of Rs 51 Cr in FY23.
The company's total income reached Rs 785 Cr in FY24, with insurance brokerage being the largest revenue generator.
After securing $60 million in a Series B funding round, InsuranceDekho is reportedly in talks to merge with Renewbuy, aiming to compete with industry leader PolicyBazaar.

Source: Entrackr