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Hotline: 1800 102 2007
Hotline : 1800 102 2007
Insurance

Prathika World

Area Requirement -N/A-
Investment Size INR 10000 - 50 K
Franchise Outlets 10-20
Business Detail

About Us:

Niva Bupa brings Leader Franchise opportunity for you!

Niva Bupa Health Insurance - Wanted Advisers/ Senior Advisors/ Leaders for Indias one of the toppest Health Insurance company.

Company Profile:

  • Niva Bupa Health Insurance Company Limited(Niva Bupa) is an Indianhealth insurancecompany, founded in 2008. It is headquartered inNew Delhi, India. It started as ajoint venturebetweenMax India LimitedandBupa, the UK-based international healthcare group. Since early 2019, Max Bupa has been a joint venture between Bupa and private equity firmTrue North, when Max India sold its entire stake to True North.The company has a paid-up capital of? 926 crore(US$120million). The company is regulated by theInsurance Regulatory and Development Authority of India(IRDAI).
  • Niva Bupa Health Insurance was founded in 2008 as a joint venture between Max India andBupaand started operations in 2010. In Jun 2011, it integrated withInsurance Regulatory and Development Authority's Integrated Grievance Management System in real-time, which made the company the first health insurance company in India to have such a system. In April 2019, the company launched 'AnyTimeHealth (ATH)' machines that allow customers to buy health insurance cover in a few seconds. In February 2019, Max India's entire 51 per cent stake was acquired by Fettle Tone LLP, an affiliate of private equity firmTrue Northfor?510 crore(US$68million).It distributes its policies through its agency force andbancassurancepartnersHDFC Bank,Karur Vysya Bank,Bank of Baroda,Indian BankandIDBI Bank.

Franchisee Profile:

  • An individual entrepreneur who willing to work full time/part time basis
  • A person who already have a proven track recordin similar business will be a plus
  • A person sharing entrepreneurial values: curiosity, dynamism, team spirit and stubbornness

Franchise Facts:

  • Operating manuals
  • Franchisee training
  • On field assistance
  • Expert guidance will be there

We are inviting motivated individuals/ Groups who want to change the way food is eaten on the streets of India.

Investment Detail
Commenced Operations
Operations Commenced On 2011
Franchising / Distribution Commenced On 2018
Franchise Details
UNITS
Location Store wise
Investment INR 10000 - 50000
Franchise/Brand Fee INR 1000
Royalty/Commission 40 %
Expansion Locations
North
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal
South
Kerala, Karnataka, Tamil Nadu
East
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
West
Gujarat, Rajasthan, Maharashtra, Goa
Central
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
UNION TERRITORIES
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Franchise Details
Anticipated percentage return on investment 10%
Payback Period 0-0 Years
Any Other Requirements No
Property Details
Preferred location of unit franchise outlet anywhere
TRAINING DETAILS
Detailed operating manuals for franchisees Yes
Franchisee training location Chennai
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
AGREEMENT & TERM DETAILS
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 Years
Is term renewable? Yes

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