Bimaplan
YC W21Bengaluru, IN · Founded 2020 · 30 employees · 10 known investors
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 Bima
Founders & leadership· Y Combinator alumni (W21)
Bimaplan was founded in 2020 by Vikul Goyal.
VG
Vikul Goyalin𝕏FounderVikul Goyal founded Carcrew, an online automobile parts and services marketplace that was acquired by TVS, and previously worked as an investment professional at Bessemer Venture Partners and GSF Accelerator. He holds an MBA from Harvard Business School and a bachelor's degree in mechanical engineering from IIT Guwahati.
Investors · 10
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Amino CapitalPalo Alto · $100K – $10M
Emphasis VenturesNew York
Y CombinatorSan Francisco · $500K
2am VCreportedBengaluru
Acequia Capital (AceCap)reportedSeattle · $100K – $5M
FinSight VenturesreportedPalo Alto
Goodwater CapitalreportedBurlingame · $5M – $50M
MAGIC FundreportedLos Angeles · $50K – $5M
Orios Venture PartnersreportedMumbai · $622K – $32M
Titan CapitalreportedScottsdale · $249K – $15M
Funding
SEC filings, press & company announcements- Undisclosed amountpre-Series ANov 2023
Orios Venture Partners (lead), 2am VC, Finsight Ventures
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
In 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, Y Combinator, 2am VC, Acequia Capital (AceCap), FinSight Ventures, Goodwater Capital, MAGIC Fund and 2 more.
- Where is Bimaplan headquartered?
- Bimaplan is headquartered in Bengaluru, IN.