Tech Company Financing Transactions
Bimaplan Funding Round
Bimaplan closed a $3.5 million Series A funding round on 11/7/2023. Investors included 2am VC, Orios Venture Partners and FinSight Ventures.
Transaction Overview
Company Name
Announced On
11/7/2023
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Series A
Investors
Proceeds Purpose
Bimaplan will deploy the funds towards enhancing the features and scalability of its technology platform and launch new products to cater to the needs of its customers
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
No. 1002, 10th Floor, Pride Regalia, Hulimavu Village, Begur
Bangalore, 560076
India
Bangalore, 560076
India
Phone
Website
Email Address
Overview
Bimaplan is an affordable insurance platform for the next billion Indians. Our vision is to provide financial security to 150 million vulnerable households through contextual life and health insurance products. Increasing mobile penetration and evolution of digital infrastructure in India has now made it possible to reach this underserved population.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Vikul Goyal
Chief Operating Officer
Hemant Tathod
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