Bimaplan
YC W21Bengaluru, IN · Founded 2020 · 30 employees · 16 known investors
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Bimaplan offers life and health insurance products tailored for low-income households in India, delivered through a mobile-first platform. The company targets financially vulnerable populations in the region who previously lacked affordable access to such coverage.
Also known as Purple Umbrella Fintech Private Limited, Bima, Inc. · Bima
Founders & leadership· Y Combinator alumni (W21)
Bimaplan was founded in 2020 by Vikul Goyal.

Investors · 16
How we know: Amino Capital's portfolio page · funding news · economictimes.indiatimes.com · the VCSheet dataset · Y Combinator's founder network · Not right? Tell us
How we know: Emphasis Ventures's portfolio page · a partner's Signal profile · open dataset · 5k.vc investor directory · Y Combinator's founder network · Not right? Tell us
How we know: GSF Accelerator's portfolio page · Not right? Tell us
How we know: MAGIC Fund's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Y Combinator's founder network · Not right? Tell us
How we know: Y Combinator's founder network · somacap.com · Not right? Tell us
How we know: Titan Capital's portfolio page · funding news · economictimes.indiatimes.com · Not right? Tell us
How we know: the Y Combinator directory · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: lifeinsuranceinternational.com · Y Combinator's founder network · Not right? Tell us
How we know: funding news · Y Combinator's founder network · Not right? Tell us
How we know: Y Combinator's founder network · Not right? Tell us
How we know: open dataset · 5k.vc investor directory · Not right? Tell us
How we know: Y Combinator's founder network · Not right? Tell us
How we know: lifeinsuranceinternational.com · open dataset · 5k.vc investor directory · Y Combinator's founder network · Not right? Tell us
How we know: funding news · Y Combinator's founder network · Not right? Tell us
How we know: Y Combinator's founder network · open dataset · 5k.vc investor directory · Not right? Tell us
Funding
SEC filings, press & company announcements$2.5M disclosed across 1 of 4 rounds · 2021–2023
- Undisclosed amountpre-Series ANov 2023
Orios Venture Partners (lead), 2am VC, Finsight Ventures
Source ↗ - $2.5MraisedJun 2021 · 2 sourcesSource ↗
- Undisclosed amountpre-Series A roundJun 2021Source ↗
- Undisclosed amountseed roundMar 2021Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Related companies · 5
Companies working in the same space as Bimaplan.
Legal entities · 1
corporate structureIn the news
Frequently asked questions
- What does Bimaplan do?
- Bimaplan offers life and health insurance products tailored for low-income households in India, delivered through a mobile-first platform. The company targets financially vulnerable populations in the region who previously lacked affordable access to such coverage.
- Who founded Bimaplan?
- Bimaplan was founded by Vikul Goyal in 2020.
- Who are Bimaplan's investors?
- Bimaplan's investors include Amino Capital, Emphasis Ventures, GSF Accelerator, MAGIC Fund, Soma Capital, Titan Capital, Y Combinator, 2am VC and 8 more.
- How much funding has Bimaplan raised?
- Bimaplan has disclosed $2.5M raised across 1 of its 4 known rounds.
- Where is Bimaplan headquartered?
- Bimaplan is headquartered in Bengaluru, IN.

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