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Coverfox Insurance-logo
Coverfox Insurance
  1. Coverfox Insurance

Coverfox Insurance-logoCoverfox Insurance-logo
Coverfox Insurance

Coverfox Insurance - Financials, Revenue, P&L Statement, Balance Sheet, Cash Flow & More

Private
Coverstack Technologies Private Limited
Private
Coverstack Technologies Private Limited
2013
2013

Founded in 2013, Coverfox Insurance operates in Fintech industry. Initially focused on simplifying the insurance buying process for Indian consumers, Coverfox has evolved to provide a wider variety of...

Funding stage:

Series C

Last funding:

23/07/2019

Total funding:

$56.80 Mn+

Revenue:

₹3.1 Cr+ (FY22)

Investors

Employee count:

493

Last 90d

493

Last 90d

Web traffic:

254.35K

254.35K

Last 30d

Last 30d

Glassdoor Rating:

Coverfox Insurance: Financial Breakdown

Decoding financial health metrics of Coverfox Insurance

  • total_revenue_logo
    Total Revenue
    ₹3.1 Cr
    -70%

    Prev. FY

  • total_expenses_logo
    Total Expenses
    ₹11.3 Cr
    -21%

    Prev. FY

  • profit_after_tax_logo
    Profit After Tax
    ₹-8.1 Cr
    50%

    Prev. FY

  • total_assets_logo
    Total Assets
    ₹73.2 Cr
    23%

    Prev. FY

  • net_profit_margin_logo
    Net Profit Margin
    -258.6%
    -63%

    Prev. FY

Note: Above mentioned stats are for FY21-22

FAQs on Financials of Coverfox Insurance

No. In FY22, Coverfox Insurance reported a net loss of ₹8.1 Cr, so it was not profitable.

Coverfox Insurance's revenue declined 69.4% year-on-year, from ₹10.3 Cr in FY21 to ₹3.1 Cr in FY22.

Coverfox Insurance's estimated EBITDA for FY22 was ₹-7.4 Cr, derived from its profit before tax, finance costs, and depreciation & amortisation.

In FY22, Coverfox Insurance posted revenue of ₹3.1 Cr (down 69.4% YoY) and a net loss of ₹8.1 Cr. Explore the full financials of Coverfox Insurance here...

Disclaimer

Inc42 Datalabs consolidates intelligence from public records, statutory filings, proprietary research, and vetted third‑party datasets. All information is provided as is—please run your own checks before acting on it. Inc42 Datalabs bears no responsibility for decisions or outcomes based on this data.

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