1Silverbullet

What 1Silverbullet does

1Silverbullet (legally 9Platforms Technology Private Limited) is an India-based B2B fintech infrastructure company founded in 2021, headquartered in Mumbai with a secondary office in Pune. The company operates an API-first platform that connects financial product manufacturers — insurers, lenders, asset managers, and mutual funds — with distribution partners such as aggregators, wealth advisors, super apps, neo banks, and fintechs. Three core gateway products form the platform: the Insurance Gateway (Life, General, and Health), the Investment/Wealth Gateway (PMS, AIF, MLD, Bonds, Alternate Debt, Fixed Deposits), and the Lending Gateway (full lifecycle from onboarding through disbursement and repayment). Underlying technology consists of standardized REST APIs, a developer portal with sandbox environments, blockchain-based data security, OCR/ML document processing, and integrated compliance automation including CKYC, KRA, VKYC, PAN, ITR, GSTN, and AML checks.

The platform claims 123+ integrated partners and processing of millions of transactions, with a distributed ledger of named integrations spanning HDFC Life, ICICI Lombard, TATA AIA, Bajaj Finserv, Max Life, Digit Insurance, Star Health, Angel One, HDFC Securities, SBI Mutual Funds, Tata Mutual Fund, Edelweiss, Northern Arc, Mahindra Finance, and others. Revenue is generated through API/platform subscription combined with transaction-based fees on a quote-based, pay-as-you-go pricing model with no publicly disclosed price list. Distribution is direct to enterprise and mid-market buyers via 'Speak to an expert' and 'Test drive our API' CTAs, supported by content marketing, case studies, and developer-portal-led self-service. The company is privately held with no disclosed funding rounds or external investors, and founder Milan Ganatra serves as CEO. Operations are exclusively India-focused, with services tailored to Indian regulatory infrastructure (CKYC, KRA, VKYC, GSTN).

Name

1Silverbullet

Legal name

9Platforms Technology Private Limited

Website

https://1silverbullet.tech

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

51–100 employees

Short description

1Silverbullet is an India-based B2B fintech that operates an API-first infrastructure platform connecting 123+ financial product manufacturers (insurers, lenders, AMCs) with distributors across insurance, wealth, and lending verticals.

Ownership category

akta.pro rank

Product category

Financial Services API Infrastructure

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Fintech & Payments Partner / ISO Referral Networks (FSAEAMAK)

akta.pro secondary industry

Open Banking APIs & Connectivity (FSAMAFAA)

Keywords

• Financial services API platform
• Insurance distribution gateway
• Lending digitization infrastructure
• Wealth management APIs
• Embedded finance solutions

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales

Revenue model

1. API/Platform Services: Revenue appears to be generated through API usage fees and platform access for financial services integration. The company provides standardized APIs that enable transaction processing across insurance, lending, and wealth management ecosystems.
2. Transaction/Fee Based: Per the Terms & Conditions: 'You are responsible for any fees that may be applicable to certain transactions or use of the services.' This suggests transaction-based or usage-based revenue components.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

1Silverbullet operates a B2B API-first digital infrastructure platform that standardizes and connects financial product manufacturers (insurers, lenders, wealth managers, mutual funds) with distribution partners (aggregators, super apps, neo banks, fintechs, IFAs). It offers plug-and-play REST APIs and SaaS gateways across insurance, lending, and wealth that enable rapid partner onboarding, KYC/AML automation, and embedded financial product distribution without heavy CapEX.

Product overview

1Silverbullet is a digital infrastructure platform for financial services that operates through three core gateway products: Insurance Gateway, Investment Gateway, and Lending Gateway. The platform provides standardized APIs that enable distributors and aggregators to connect with multiple financial product manufacturers (insurers, wealth managers, lenders) through a single plug-and-play integration. Built on a SaaS model, the platform emphasizes open APIs, blockchain-based data security, and rapid time-to-market for clients seeking to offer financial products.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Up to 10X cost reduction compared to traditional financial infrastructure integration CapEX
• +5 more outcomes

Named customers20 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

20 partnerships are on record, tiered core and strategic.

• HDFC LifecoreTechnology or IntegrationMajor Indian life insurer integrated on 1SB's Insurance Gateway platform for distribution of life insurance products.
• ICICI LombardcoreTechnology or IntegrationLeading general insurance company integrated for motor, property, travel and other general insurance product distribution.
• TATA AIAcoreTechnology or IntegrationJoint venture life insurer (Tata Group + AIA) providing life and health insurance products through 1SB gateway.
• Bajaj FinservcoreTechnology or IntegrationDiversified financial services company offering insurance and lending products via platform integration.
• Max LifecoreTechnology or IntegrationLeading private life insurer providing protection and savings products through 1SB distribution network.
• Digit InsurancecoreTechnology or IntegrationDigital-first insurance company offering motor, travel, and health insurance through platform partners.
• Angel OnecoreTechnology or IntegrationLeading stockbroking and wealth management platform distributing investment and insurance products.
• Mahindra FinancecoreTechnology or IntegrationAuto and farm equipment financier providing lending products through digital distribution.
• EdelweisscoreTechnology or IntegrationDiversified financial services firm offering wealth management, lending, and insurance through platform.
• Northern ArcstrategicTechnology or IntegrationPlatform providing access to alternative debt and investment products for wealth management clients.
• Tata Mutual FundcoreTechnology or IntegrationOne of India's largest mutual fund houses providing investment products through 1SB wealth gateway.
• SBI Mutual FundscoreTechnology or IntegrationLargest Indian mutual fund (SBI group) integrated for mutual fund product distribution.
• ShriramcoreTechnology or IntegrationDiversified financial services group offering lending, insurance and wealth products.
• PNB HousingstrategicTechnology or IntegrationHousing finance company providing home loan and related products through digital partners.
• Star HealthcoreTechnology or IntegrationStandalone health insurer providing health and personal accident insurance products.
• Care Health InsurancecoreTechnology or IntegrationLeading health insurer offering family, senior citizen and specialized health plans through platform.
• HDFC SecuritiescoreTechnology or IntegrationLeading stock broking and wealth management arm of HDFC Bank for investment product distribution.
• KVB (Karur Vysya Bank)strategicTechnology or IntegrationPrivate sector bank offering insurance and investment products through digital channel partnerships.
• IndiaFirst LifecoreTechnology or IntegrationLife insurer providing term, savings and protection products through multi-channel distribution.
• Royal SundaramcoreTechnology or IntegrationGeneral insurer offering motor, health and property insurance through partner network.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Setu: India-based API infrastructure platform providing account aggregator, payment, and financial data connectivity. Most direct competitor to 1Silverbullet, both positioning as standardized connectivity layers between financial institutions and digital distributors.
• InsuranceDekho: Insurance aggregator and distribution platform in India. Competes directly with 1SB's Insurance Gateway by connecting insurers with distributors and digital partners through technology-led integration.
• Signzy: Digital KYC and onboarding API platform for banks, insurers, and fintechs. Overlaps with 1SB's VKYC and compliance automation offerings for the Indian financial services ecosystem.
• Karza Technologies: India-based data, verification, and onboarding API provider for financial services. Comparable to 1SB's CKYC, PAN, and bureau data integration layer for lenders and insurers.
• Perfios: India-based financial data aggregation and decisioning API platform serving lenders, insurers, and wealth managers. Directly comparable to 1SB's lending and insurance data integration capabilities (CKYC, bureau, GSTN).

Broad incumbents

• Cashfree Payments: Indian payment and banking API platform serving enterprises with payouts, collections, and verification. Adjacent competitor expanding into financial product distribution connectivity, overlapping with 1SB's API-first distribution model.
• Razorpay: Largest Indian fintech API platform, primarily in payments but expanding into lending and financial product distribution. Competes with 1SB on the broader B2B fintech API infrastructure thesis with much greater scale and capital.

Emerging players

• Onsurity: Employee-focused health insurance and benefits platform with B2B2C distribution. Uses API-led distribution similar to 1SB but focused narrowly on health/employee benefits rather than a multi-vertical gateway.
• INDwealth: Indian wealth management platform offering mutual funds, stocks, and other investment products. Comparable to 1SB's Wealth Gateway on the distribution side, though 1SB is B2B and INDwealth is primarily B2C.
• Zolvit (by BLS E-Services): Insurance technology and distribution platform serving Indian distributors and agents. Overlaps with 1SB's Insurance Gateway by digitizing and aggregating multi-insurer distribution.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/SilverB53344527
• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/1silverbullet

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 1Silverbullet