Bima was formerly known as Milvik which provides mobile-delivered insurance & health services in emerging markets. It is one of the leading insurance tech players which uses mobile technology to disrupt the global insurance industry and fuel financial inclusion.
PRODUCTS & SERVICES:
Mobile based insurance services
The company has Partnered with leading mobile operators, banks and MFIS.
PRIMARY PROBLEM SOLVED:
Provide a platform for low income consumers.
Pioneered the mobile-delivered insurance model in which customers can pay for insurance via deduction of prepaid airtime credit.
Aims to combine the power of mobile technology with a unique agent-led approach to consume r education, bringing insurance to emerging markets.
MEDICI analysts will analyze BIMA soon
Insufficient information for accurate analysis
DATE OF LAST FUNDING:
SEED CLOSED ON:
SEED PRIOR FUNDING COMMENT:
An undisclosed fund rasied in Dec 2014.
$22 Millions Closed: Apr 2014
$38.4 Millions Closed: Jul 2015
$16.8 Millions Closed: Apr 2017
The company raised $107 M investment from Allianz in Dec 2017.