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Plum

Plum

Plum is a high-quality employee health insurance for modern companies founded in 2019 by Abhishek Poddar.

OverviewStructured DataIssuesContributors

Contents

plumhq.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
B2B
B2B
Healthcare
Healthcare
Human resources
Human resources
Software as a service (SaaS)
Software as a service (SaaS)
Location
Bangalore
Bangalore
India
India
B2X
B2B
B2B
CEO
Abhishek Poddar
Abhishek Poddar
Founder
‌
Saurabh Arora
Abhishek Poddar
Abhishek Poddar
Date Incorporated
November 20, 2019
Number of Employees (Ranges)
201 – 500
Place of Incorporation
India
India
Investors
QiMing Venture Partners
QiMing Venture Partners
Tiger Global Management
Tiger Global Management
Surge
Surge
Ramakant Sharma
Ramakant Sharma
Incubate Fund
Incubate Fund
Tracxn labs
Tracxn labs
‌
Shrishti Sahu
Sequoia Capital
Sequoia Capital
...
Founded Date
2019
Total Funding Amount (USD)
20,260,000
Latest Funding Round Date
May 31, 2021
Competitors
Ben
Ben
Latest Funding Type
Series A
Series A
Country
India
India

Other attributes

Latest Funding Round Amount (USD)
15,600,000

Plum Insurance is a modern employee health benefit and insurance platform. The b2b SaaS platform makes everything from purchasing insurance to availing of health benefits remarkably easy for admins and employees on desktop and mobile.

In just two years, Plum Insurance has managed to help 1500 of the fastest-growing companies in India to take care of more than 200000 of their employees.

Plum’s pricing engine is real-time and allows unlimited customization to health plans. Customers get instant pricing estimates. They can activate their health plans on the same day instead of weeks.‍

Plum has successfully reduced the buying process from 60-days to 60-seconds by removing the clunky paper-heavy process that requires half-a-dozen documents to be physically signed & stamped in order to book a group policy.

The platform has a self-service dashboard for HR teams to add or remove employees as they join or exit the organization.

Employers can deposit additional premiums to their insurance accounts or withdraw excessive premiums from insurance accounts and track health-claims data in real-time.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date
No Further Resources data yet.

References

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