Great Companies: Please tell me something about the business and how did you come up with such an idea?
Niraj Shah: Well, we are into a business of Insurance and mainly into Stand alone Third Party Insurance of Motor. We have set it up in such a way that I am issuing close to 10,000 policies a month from lot of part of India by sitting in an office in Mumbai. We have various clients in tier 2 and tier 3 cities where they can issue the policy by themselves or by taking the help of my staff. Online issuance of insurance policies is the success of my business.
Great Companies: What are the various services and products provided by your company?
Niraj Shah: Life Insurance, General insurance, Mutual funds, Loans- Proper Financial planning for your better tomorrow.
Great Companies: Why should one choose you over others in this field?
Niraj Shah: 16 years of experience and suggesting them various products according to their need.
Great Companies: What are the struggles and challenges you face?
Niraj Shah: In the initial period to convince the co. for the online issuance of policy and then to travel in the remote place of India which were little bit of a struggle.
Great Companies: What do you think are the few main things which are most important for a successful business?
Niraj Shah: Learn, Unlearn and relearn- Mantra for a successful entrepreneur.