Plum

Overview

Plum is an employee health-benefits platform partnering with insurers (ICICI Lombard, New India and others) to let companies get real-time pricing and activate group health policies in under an hour vs. weeks traditionally. Founded Nov 2019 in Bengaluru by Abhishek Poddar (CEO; IIT Kanpur + Stanford GSB, ex-McKinsey, ex-Google Pay NFC launch) and Saurabh Arora. Raised $41.2M total over 4 rounds/45 investors; Series B was ₹193 Cr (~$20.6M) led by Peak XV Ventures with Tanglin Venture Partners and GMO Venture Partners. No disclosed detail found on the nature of Gemba's 'Partial Exit' (no secondary-sale terms surfaced in this pass) — genuinely undisclosed, not guessed.

Key Facts

Sector

Fintech

Stage

Series A

Focus Areas

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