BimaKavach funding, investors and company details

BimaKavach is an emerging Insurance startup from Indore, working in the space of Business insurance provider. Founded by Tejas Jain, Rajendra Kumar Jain.

Company: Bimakavach Insurance Broking Private Limited
Sector: Insurance
Location: Indore
Founders: Tejas Jain, Rajendra Kumar Jain
Total funding raised: ₹16.55 Cr

Company overview

BimaKavach is a business insurance platform founded in 2021, dedicated to simplifying liability and coverage solutions for startups and SMEs in India through a digital-first model. The company provides tailored business and liability insurance products online, catering to startups, small businesses, and enterprises nationwide. Built on a strong multi-generational foundation in insurance, with Tejas Jain carrying forward his family’s legacy, BimaKavach benefits from deep sector insight and established credibility—strengthening client trust. Driven by its mission to make business insurance simple and accessible, BimaKavach combines technology with decades of industry experience to deliver personalized policies, instant quotes, faster underwriting, and seamless claims management. The platform prioritizes clarity, transparency, and 24/7 support, ensuring a reliable and hassle-free insurance experience for businesses.

Funding rounds

Latest round: $ 2.00 Mn (₹16.55 Cr.), 2022-10-06. Investors: Waterbridge Ventures, Arali Ventures, Blume Ventures, Eximius Ventures