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Plum Insurance forays into business insurance space, targets startups and SMEs

Plum Insurance, a digital insurance platform, has entered the business insurance sector, with a focus on startups and small and medium-sized enterprises (SMEs). The company aims to provide customized insurance solutions for the unique needs of these businesses. By venturing into this space, Plum Insurance aims to cater to the growing demand for specialized insurance offerings within the startup and SME segments. The Tiger Global-backed firm is planning to clock a revenue of at least Rs 10,000 crores and take a time frame of three to five years before venturing to other countries

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