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Plum

Plum provides high quality employee health insurance at affordable prices to startups and corporates
Insurance,  HealthTech / MedTech / Healthcare  
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Basic Information
Plum is providing high quality health insurance and corporate benefits at affordable rates. Benefits for employees for using Plum: Increase in employee satisfaction, Improvement in employee health & productivity and Reduction in health benefits cost. They are providing simplified purchase and setup process for health insurance and benefits for employees. Their highlighting features: No more negotiations with your broker and agents, get transparent pricing directly from the insurer, customize your insurance and benefits to your needs, Covid-19 treatment included, No waiting periods, No room rent or disease wise limit, Maternity & newborn covered, Pre-existing diseases covered, Additional benefits provided - Doctor consultation, Health checkups, Mental wellness, Dental Care, Fitness and Nutrition.
Legal Name
:
Plum Benefits Private Limited
Headquarters
:
Bengaluru, Karnataka, India
Business Model
:
B2B  
Founding Date
:
20th Nov 2019
No. of Employees
:
21 to 40
Core Team
:
1.  
Saurabh Arora
Co-Founder
2.  
Abhishek Poddar
Co-founder & CEO
Timeline

2019

Company Incorporation

Nov | Company Incorporation

2020

Raised Funding

Jan | Raised Funding

Angel Round

Product Launch

Mar | Product Launch

Raised Funding

Oct | Raised Funding

Seed Round

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Funding

Total Funding

$5.1M

Investors
:
1.  
Sequoia Capital
2.  
Tracxn labs
3.  
Gemba Capital
4.  
Incubate Fund

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Detail Round Breakdown
Round 1
Round 2

$1M

Series Name
:
ANGEL
Date
:
1st Jan 2020
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