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Havish Gupta

Figuring Out • 1y

Unique Startup Stories (18/20) Get high quality employee health insurance at affordable prices for startups and corporates. Meet Plum! About It • it was started in 2019 in Bengaluru by Saurabh Arora and Abhishek Poddar WHAT IT DOES Plum is providing high quality health insurance and corporate benefits at affordable rates. Why is it better • It offers transparent pricing, • it customize your insurance and benefits to your needs • No waiting periods, No room rent or disease wise limit, Maternity & newborn covered, Pre-existing diseases covered, COMPETITOR It has multiple Competitor like Acko, Digit, Paytm Insurance, etc. REVENUE 2023-24: ₹322 crore 2022-23: ₹322 crore 2021-22: ₹250 crore Profitability details aren't available FUNDING • It has raised total of $21 Million from 16 Investors like Sequoia Capital. • In Latest Series A round, it raised $15.6 Million from Tiger Global. So do You think this would dominate Insurance or would remain as Just another competition?

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