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Smartchoice

Insurance aggregator making it simple and affordable for 200M Pakistanis to compare and buy insurance instantly

Founded 2017 Pakistan Karachi, Pakistan 50 employees Seed Total: $305.00K Financial Services, Fintech +3

General Information

Company Name Smartchoice
Founded Year 2017
Location Pakistan Karachi, Pakistan
Employees 50
Industries Financial Services, Fintech, Insurance +2
Funding Stage Seed
Social

BounceWatch is an independent company data service, not affiliated with Smartchoice. To contact Smartchoice, visit smartchoice.pk.

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About Smartchoice

Smartchoice, an insurance aggregator based in Pakistan, aims to simplify and make insurance affordable for the country's population of 200 million. Since its launch in 2017, Smartchoice has assisted over 30,000 customers in acquiring various personal insurance plans, including travel, health, and motor insurance, through its digital platform. The company's collaboration with top insurance firms in Pakistan such as Jubilee, Adamjee, EFU, IGI, TPL, UIC, and Pak Qatar Takaful further solidifies its position in the market. Notably, CrossFund recently made a $305.00K seed round investment in Smartchoice, signifying confidence in the company's potential to revolutionize the insurance industry in Pakistan. With its commitment to making insurance more accessible, Smartchoice presents an intriguing opportunity for investors seeking a foothold in the Financial Services and Insurtech sectors.

Business keywords: insurance aggregator, Pakistan, digital platform, insurance comparison, insurance purchase, travel insurance, health insurance, motor insurance, customer support, claims assistance, personal insurance, Jubilee, Adamjee, EFU, IGI

Funding Rounds & Investors (5)

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Funding Stage Amount Investors Lead Investors Date
Seed Round $305.00K 1
CrossFund
01 Dec 2021
Seed Round Undisclosed 1
SOSV
09 Apr 2021
Seed Round Undisclosed 3
Walid Aradi, Tahseen Consulting +1
01 Aug 2020
Seed Round Undisclosed 1
Wadi Accelerator
21 Mar 2019
Angel Round Undisclosed -
01 Jan 2016

Smartchoice Alternatives & Competitors

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PasarPolis
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FAQ About Smartchoice

Insurance aggregator making it simple and affordable for 200M Pakistanis to compare and buy insurance instantly
Smartchoice was founded in 2017.
Smartchoice is headquartered in Karachi, Pakistan.
Smartchoice operates in Financial Services, Fintech, Insurance, Insurtech and Marketplaces. Its work centres on insurance aggregator, Pakistan, digital platform and insurance comparison.
Smartchoice has approximately 50 employees.
Smartchoice has completed 5 funding rounds, raising a total of $305.00K. The latest funding stage is Seed.
Top alternatives and competitors to Smartchoice include PasarPolis, InsuranceDekho, Coverfox Insurance, InsureMe.lk, Rankomat.pl. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Smartchoice and PasarPolis are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Smartchoice, https://www.bouncewatch.com/company/smartchoice, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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