Max Financial Services

Max Financial Services

A newly-formed entity that owns around a 72% stake in Indian life insurance company. Learn more

Launch date
Employees
Market cap
CAD7.3b
Enterprise valuation
CAD7.5b (Public information from Sep 2024)
Delhi India (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
INR2021202220232024202520262027
Revenues312.9b311.9b314.3b466.2b452.7b518.3b602.7b
% growth72 %-1 %48 %(3 %)14 %16 %
Profit4.3b2.5b3.8b3.4b5.6b6.8b7.9b
% profit margin1 %1 %1 %1 %1 %1 %1 %
EV / revenue0.9x0.8x0.7x0.7x0.8x0.7x0.6x
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DateInvestorsAmountRound
N/A

N/A

IPO

N/A

Growth Equity VC

INR6.0b

POST IPO SECONDARY
*

INR9.8b

POST IPO SECONDARY
Total Funding-

Recent News about Max Financial Services

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More about Max Financial Servicesinfo icon
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Max Financial Services Limited, a part of the Max Group, is the holding company for Max Life Insurance Company Limited, which is a joint venture between Max Financial Services Limited and Axis Bank Limited. The company operates in the life insurance sector, offering comprehensive protection and long-term savings solutions. Max Life Insurance serves a diverse clientele through a multi-channel distribution network that includes agency and third-party distribution partners. The business model is built on a need-based sales process, focusing on customer-centric engagement and service delivery. Revenue is primarily generated through the sale of life insurance policies, which provide financial protection and savings options to individuals and families. The company has been recognized for its exemplary HR practices and effective use of marketing communications for human resources development. Max Life Insurance has built its operations over two decades, emphasizing trained human capital and a strong commitment to credibility and customer satisfaction.

Keywords: life insurance, protection, savings, multi-channel distribution, customer-centric, engagement, service delivery, trained human capital, HR practices, financial protection.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.