The funding round was led by Incubate Fund with participation from Gemba Capital and Tracxn Labs along with angel investors including Abhijit Gupta and Ram Sahasranam of Praxify Health, Sudheendra Chilappagari of Belong.co, Nitin Jayakrishnan of Pando and Alvin Tse of Xiaomi. Plum is on a mission to enable employee health insurance for over 1.1 million companies in India by reinventing how health insurance works. The company plans to use the funding to scale business and engineering teams to solve some of the hardest engineering challenges in Insurtech and build innovative distribution channels. Earlier this month, RCP completed a $2 million equity investment in PLUM through its technology fund, Strategic Technology … Plum Insurance: Health insurance startup Plum Insurance that works with corporates, has raised $4 million in a round led by Sequoia’s Surge Ventures. The round was led by Incubate Fund with participation from Gemba Capital and Tracxn Labs along with angel investors, including Abhijit Gupta and Ram Sahasranam of Praxify Health, Sudheendra Chilappagari of Belong.co, Nitin Jayakrishnan of Pando, and Alvin Tse of Xiaomi. Health insurance start-up, Plum has raised Rs 7 Crore in seed funding.The InsurTech provides health benefits to corporates with high quality and affordable employee health insurance to provide employers and employees with more flexibility, transparent pricing, and high-quality healthcare experience. The company plans to use the funding to scale business & engineering teams so as to solve some of the hardest engineering challenges in Insurtech and build innovative distribution channels. Plum, a Bengaluru based group health insurance startup, providing modern health benefits to corporates, has raised INR 7 Crores in seed funding. Plum is on a mission to enable employee health insurance for over 1.1 million companies in India by reinventing how health insurance works. Plum has raised a total of $5.1M in funding across 2 rounds. 30 crores in funding round led by popular investor Sequoia Capital’s Surge Ventures. Plum last raised $4.1M false. Plum has fundraised US$4.1 million, which was led by Sequoia Capital India’s Surge and Tanglin Venture Partners. Plum’s growth has been very strong, in the last year we grew over 6x from 21.6k users to 130k+ users and had 80+ press mentions and were live on Sky. The company plans to use the funding to scale business & engineering teams so as to solve some of the hardest engineering challenges in Insurtech and build innovative distribution channels. Plum is on a mission to enable employee group health insurance for over 1.1 million companies in India by reinventing how health insurance works. Bengaluru-based Plum Benefits, which runs an eponymous group health insurance platform, has raised $928,000 (Rs 7 crore) in a seed funding round led … Plum is on a mission to enable employee health insurance for over 1.1 million companies in India by reinventing how health insurance works. Plum is on a mission to enable employee health insurance for over 1.1 million companies in India by reinventing how health insurance works. Plum is on a mission to enable employee health insurance for over 1.1 million companies in India by reinventing how health insurance works. Existing investors and Incubate Fund also participated in the round. Plum Benefits Pvt. View company info, jobs, team members, culture, funding and more. Indian employee insurance provider Plum on Thursday announced to have raised of $4.1 million in a funding round led by Sequoia Capital India’s Surge and Tanglin Venture Partners. ... Health Insurance Startup ‘Plum Insurance’ Raises Rs 30 Crore Funding. Existing investors, including Incubate Fund, also participated in the funding round, a statement said. Plum, the employee insurance startup, will use the funding to expand into new markets, build new distribution channels, hire top talent and further develop product and tech. Plum, a Bengaluru-based group health insurance startup that works with corporates, has raised Rs 7 crore in seed funding.. Mr. Indian employee insurance provider Plum on Thursday announced to … SAN FRANCISCO, March 31, 2020 /PRNewswire/ -- Resolute Capital Partners ("RCP"), announced today the company has joined Elliott Management, a hedge fund manager, and Soft Bank, a high-tech funding firm, by investing alongside them in PLUM® Lending ("PLUM"). The Startup Lab. Insurtech platform Plum realised this early and is hence trying to ease up the hassle that usually come up with employees’ group insurance. Bengaluru based group health insurance start-up, Plum, has raised INR 7 Crores in seed funding. Existing investors, including Incubate Fund, also participated in the funding round, a statement said. The current round of funding is led by Venture Friends a prominent European VC. Plum is currently available in more than 220 cities at 6,000 retail outlets, Plum raises ₹ 110 cr in series B funding 1 min read. The company plans to use the funding to scale business & engineering teams so as to solve some of the hardest engineering challenges in Insurtech and build innovative distribution channels. Clutch of angel investors including Abhijit Gupta and Ram Sahasranam of Praxify Health, Sudheendra Chilappagari of Belong.co, Nitin Jayakrishnan of Pando and Alvin […] Plum: High quality and affordable employee health insurance. Entrepreneur - The company aims to become the de facto employee health insurance provider for over 1 millioncorporates in India You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Ltd, which helps companies set up group health insurance programmes, has raised Rs 7 crore ($927,994 at current exchange rate) in a seed funding round. LAS VEGAS, Sept. 17, 2019 - Plum, a software-as-a-service company that provides enterprise organizations with the data they need to quantify the potential of their workforce, announced today that it has raised $4.2M USD in seed funding.In combination with their previous Angel round, Plum has raised a total of $6.1M to date. Health Insurance Company, Plum Insurance has recently raised Rs. Seed, Series A, Private Equity) Plum provides best-in-class health insurance at affordable price. Now, the … Give your employees access to great care with Plum. DaMENSCH : Premium men’s innerwear brand DaMENSCH has raised $6.75 million in its Series A funding round from Matrix Partners India, Saama Capital, Whiteboard Venture Partners and Alteria Capital. Employee insurance start-up Plum on Thursday said it has raised USD 4.1 million (about Rs 30.2 crore) in funding, led by Sequoia Capital India’s Surge and Tanglin Venture Partners. Plum Insurance, a Health insurance startup, has raised around Rs 30 crore led by Sequoia’s Surge Ventures. Employee insurance start-up Plum on Thursday said it has raised USD 4.1 million (about Rs 30.2 crore) in funding, led by Sequoia Capital India's Surge and Tanglin Venture Partners. The company plans to use the funding to scale business & engineering teams so as to solve some of the hardest engineering challenges in Insurtech and build innovative distribution channels. Plum, a Bengaluru-based group health insurance start-up, providing modern health benefits to corporates, has raised ₹7 crore in seed funding. Bengaluru-based health insurance startup, Plum has raised Rs 7 crore in series Seed round funding from Incubate Fund, Gemba Capital, and others. Plum is on a mission to enable employee health insurance for over 1.1 million companies in India by reinventing how health insurance works. The company plans to use the funding to scale business & engineering teams so as to solve some of the hardest engineering challenges in Insurtech and build innovative distribution channels. The round in the Bengaluru-based startup has been led by seed-focused Incubate Fund, with participation from Gemba Capital and Tracxn Labs, Plum said in a statement. Bengaluru-based Plum Benefits, which operates group health insurance platform Plum, has raised $4.07 million (Rs 30.18 crore as per current exchange rates) in an ongoing seed funding round led by Sequoia-backed Surge Ventures II. This is the second round of funding for the insurance company after raising Rs. Plum is a trading name of Plum Fintech Limited. Plum's group health insurance comes with no surprises, no hidden costs & no out-of-pocket expenses. Plum, a Bengaluru based group health insurance startup, has raised Rs 7 Crores in seed funding. New Delhi, Nov 26: Employee insurance start-up Plum on Thursday said it has raised USD 4.1 million (about Rs 30.2 crore) in funding, led by Sequoia Capital India’s Surge and Tanglin Venture Partners. The company plans to use the funding to scale business & engineering teams so as to solve some of the hardest engineering challenges in Insurtech and build innovative distribution channels. Plum is authorised and regulated by the Financial Conduct Authority (FRN: 836158) to carry out payment services activities as a Registered Account Information Service Provider, under the Payment Services Regulations 2017. Updated: 26 Nov 2020, 11:16 PM IST Saumya Tewari. Bengaluru based Health Insurance startup, Plum, has raised INR 7 Crores in a seed funding round. He joined PLUM Lending from Trimont Real Estate Advisors where he advised leading private equity firms, life insurance correspondents, CMBS lenders, warehouse lenders in evaluating positions throughout the capital stack including liquid and non-liquid debt instruments. From Compliance to funding and everything in between. Existing investors, including Incubate Fund, also participated in the funding round, a statement said. ... Last funding round type (e.g. 7 crores in its Seed funding … Incubate Fund spearheaded the round while the round also participation from Gemba Capital and Tracxn Labs. The Startuplab is all in one destination for all your startup needs. Going […] Vegan beauty company Plum has raised Series B funding of Rs 110 crore led by Faering Capital.Plum's existing investors include Unilever Ventures.The company said Plum, which debuted in 2014, has a footprint across 200 cities at 6,000-plus retail outlets, and …