IMT Care (YC Winter 2022)

TL;DR: IMT Care is a Y Combinator Winter 2022 startup Disrupting Indian Insurance space by empowering distrubutors, currently active with a team of 23.

Disrupting Indian Insurance space by empowering distrubutors

YC ID
25654
YC Batch
Winter 2022
Status
Active
Team size
23
Industry
Healthcare, Consumer Health and Wellness
Tags
Healthcare, Insurance, India
YC profile
https://www.ycombinator.com/companies/imt-care

Last verified:

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 prod…

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Frequently asked questions

Is IMT Care a YC (Y Combinator) company?

Yes. IMT Care was funded by Y Combinator in the Winter 2022 batch. Disrupting Indian Insurance space by empowering distrubutors

What does IMT Care do?

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…

What YC batch was IMT Care in?

IMT Care was part of Y Combinator's Winter 2022 batch.

How big is IMT Care?

IMT Care has a team of 23 people according to Y Combinator's directory.

Is IMT Care still active?

IMT Care is currently listed as Active with a team of 23 in Y Combinator's directory.

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