Bimaplan Analysis
What is Bimaplan?
Bimaplan is an affordable insurance platform providing financial security through life and health insurance products for underserved populations in India.
Employees
30
Founded
2020
Revenue
$1.48M - $7M
Product Features & Capabilities
- end-to-end digital platform, customized insurance products, customer lifecycle management, instant digital payments, API integration for insurance, partner portal for customer details, mobile web app for policy issuance and claims
Pricing
- Insurance products range from $5 to $50 annually.
- Sum insured varies from INR 50,000 to 5,00,000 depending on the premium plan.
Who are the founders of Bimaplan
VG
Vikul Goyal
Founder
Competitors Overview
Bimaplan operates in the insurance technology market, focusing on integrating insurance solutions for partners. Its main competitors include:
- Zopper: Specializes in providing insurance solutions across various sectors, offering a wide range of products and services that cater to different cu
Business Model
Embedded insurance platform integrates and distributes tailored insurance products for partners.
Investors
- Orios Venture Partners
- Finsight Ventures
- 2am VC
- Amino Capital
- Goodwater Capital
Market Focus
Bimaplan primarily focuses on the insurance technology industry, providing a platform that integrates insurance solutions for partners to offer customized insurance products.
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