Round Type
Funding Round
MumbaiFinancial ServicesConsumer GoodsLending And InvestmentsEmployee BenefitsInsuranceDescription
KKR, a leading global investment firm, and Shriram General Insurance Company (“Shriram General Insurance”, “SGI” or “the Company”), a leading general insurance company backed by Indian financial services conglomerate Shriram Group and pan-African financial services group Sanlam, today announced the signing of definitive agreements under which, subject to the receipt of the necessary regulatory approvals, KKR will acquire a 9.99% stake in Shriram General Insurance. KKR’s investment will position Shriram General Insurance for continued growth in India’s fast-growing general insurance industry.
Quick answer
Shriram General Insurance Company raised an undisclosed amount in a Funding Round round, dated April 11, 2022. Shriram General Insurance Company is based in Mumbai, Maharashtra, India.
- How much did Shriram General Insurance Company raise?
- Shriram General Insurance Company raised an undisclosed amount in a Funding Round round on April 11, 2022.
- What does Shriram General Insurance Company do?
- Shriram General Insurance Company (SGIC) is a company that offers a wide range of general insurance products including motor, fire, engineering, and health insurance policies.
- Where is Shriram General Insurance Company based and how big is it?
- Shriram General Insurance Company is based in Mumbai, Maharashtra, India. Fundz records about 3,852 employees.
Source: Fundz verified event record.
Who else raised in Financial Services and Consumer Goods around the same time
Companies in the same sectors as Shriram General Insurance Company that raised within 45 days of this round, from Fundz verified event records.
- Glacier Bancorp raised $4.5M (Seed) on April 19, 2022.
- Babel Finance raised $80M (Series B) on May 25, 2022.
- Horizon raised an undisclosed amount (Funding Round) on May 18, 2022.
- PolySign, Inc. raised $50M on May 18, 2022.
- Cushion raised $12M (Series A) on May 12, 2022.
- Apto Payments, Inc. raised $22M on May 12, 2022.
Who to call at Shriram General Insurance Company, and when
A new round usually means Shriram General Insurance Company is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Shriram General Insurance Company raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Shriram General Insurance Company, from your own LinkedIn network
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Shriram General Insurance Company raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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