Plum funding, investors and company details

Plum is an emerging Insurance startup from Bengaluru, working in the space of Employee health benefits platform. Founded by Abhishek Poddar, Saurabh Arora, Harshwardhan Singh.

Company: Plum benefits Private Limited
Sector: Insurance
Location: Bengaluru
Founders: Abhishek Poddar, Saurabh Arora, Harshwardhan Singh

Company overview

Plum (PlumHQ) is India's leading employee health benefits platform offering group health insurance, accident coverage, term life insurance, telehealth, checkups, and D&O insurance through an AI-powered digital app. Serving 5000+ companies from startups to unicorns like Atlassian and Zomato, it impacts 500K+ employees with WhatsApp-based claims settled in 30 minutes—4x faster than industry average. Backed by Sequoia and Tiger Global, the Bengaluru-based InsurTech unicorn simplifies corporate insurance with customized SME plans, PolicyGPT automation, and seamless experiences replacing paperwork for HR teams and employees.

Funding rounds

Latest round: $ 20.00 Mn (₹184.50 Cr.), 2026-03-26. Investors: Peak XV Partners, Tanglin Venture Partners, GMO Venture Partners