Bimaplan
Affordable insurance for the next billion Indians
Affordable insurance for the next billion Indians
Bimaplan is a startup based in India, founded in 2020, with a compelling slogan - "Affordable insurance for the next billion Indians." The company's vision revolves around providing financial security to 150 million vulnerable households through contextual life and health insurance products. Leveraging the increasing mobile penetration and evolving digital infrastructure in India, Bimaplan aims to reach the underserved population in the country.
The startup has recently secured a significant financial boost with a $3.50M Seed Round investment on 07 November 2023. This investment has been backed by notable investors including Orios Venture Partners, 2am VC, and FinSight Ventures. Bimaplan also takes pride in being supported by some of the best global early stage technology investors, prolific fintech founders, and experienced insurance industry veterans.
Operating in the Financial Services, Insurance, and Insurtech industries, Bimaplan's goal of making insurance affordable and accessible to the next billion Indians presents a promising opportunity for investors looking to tap into India's rapidly growing digital market.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed Round | $3.50M | 3 |
|
07 Nov 2023 |
| Seed Round | $2.50M | 7 |
|
21 Aug 2021 |
| Seed Round | $500.00K | - | 16 Mar 2021 |
No recent news or press coverage available for Bimaplan.
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