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Bimaplan - Company Overview, Founder, CEO, Funding & Investment Details

Complete information about Bimaplan including founder details, CEO information, total funding raised, headquarters location, team size, and recent investment rounds.

Bimaplan company logo

Affordable insurance for the next billion Indians

Bimaplan is an affordable insurance platform aimed at providing financial security to 150 million vulnerable households in India through innovative insurance solutions.

HeadquartersBengaluru, India
Team size51-100
Founded2020

What is Bimaplan? - Company Overview & Details

Bimaplan is Bimaplan is an affordable insurance platform aimed at providing financial security to 150 million vulnerable households in India through innovative insurance solutions. Founded in 2020, the company is headquartered in Bengaluru, India.

Who Founded Bimaplan?

Bimaplan was founded by Vikul Goyal.

Who are the Key Executives at Bimaplan? - Leadership Team

Bimaplan is led by experienced executives in key positions:

Chief Executive Officer (CEO) of Bimaplan

Vikul GoyalCEO

Chief Technology Officer (CTO) of Bimaplan

CTO

About Vikul Goyal - CEO of Bimaplan

Vikul Goyal serves as the Chief Executive Officer of Bimaplan, leading the company's strategic vision and operations. Connect with them on LinkedIn for professional insights.

Bimaplan Company Details & Key Information

Where is Bimaplan located?

Bimaplan is headquartered in Bengaluru, India.

How many employees does Bimaplan have?

Bimaplan has 51-100 employees.

When was Bimaplan founded?

Bimaplan was founded in 2020.

Bimaplan Official Website

How much funding has Bimaplan raised?

Bimaplan has raised $6 Million across 3 funding rounds. The most recent funding was completed on 2023-12-07.

Funding Overview

Bimaplan has secured a total of $6 million in funding, including a recent $3.5 million Pre-Series A round led by Orios Venture Partners.

$6 Million
Total Funding Raised
3
Funding Rounds
2023-12-07
Latest Round

Bimaplan Funding History

Pre-Series A
2023-12-07
$3.5 Million
Seed
2021-06-22
$2.5 Million

Who are the key investors in Bimaplan?

Bimaplan is backed by 3 key investors including Orios Venture Partners, Finsight Ventures, 2am VC. These investors focus on Technology, Fintech sectors.

Bimaplan Investor Overview

3
Key Investors
2
Focus Areas
3
Notable Investments

Complete List of Bimaplan Investors

Orios Venture Partners

A venture capital firm that invests in early-stage companies.

Investment Focus
Technology
Fintech
Notable Portfolio Companies
Bimaplan

Finsight Ventures

A venture capital firm that focuses on fintech and insurtech startups.

Investment Focus
Fintech
Notable Portfolio Companies
Bimaplan

2am VC

Venture capital that backs early-stage tech companies.

Investment Focus
Technology
Notable Portfolio Companies
Bimaplan

What sectors do Bimaplan investors focus on?

The investors backing Bimaplan primarily focus on Technology, Fintech sectors.

Technology
Fintech

Featured Investor: Orios Venture Partners

Orios Venture Partners

A venture capital firm that invests in early-stage companies.

Notable Investments: Bimaplan

What are Bimaplan's future plans?

Bimaplan Bimaplan aims to improve its distribution network and technology while launching new products to reach underserved demographics.

Bimaplan Strategic Outlook

Strategic Focus
Defined
2
Key Challenges
2
Growth Opportunities

What challenges does Bimaplan face?

Bimaplan has identified 2 key challenges that need to be addressed for continued growth and success.

Key Challenges for Bimaplan

1

Low insurance penetration in India

2

High competition in the insurtech market

What opportunities does Bimaplan have?

Bimaplan has identified 2 key opportunities for growth and market expansion.

Growth Opportunities for Bimaplan

1

Expanding rural and semi-urban customer base

2

Growing demand for innovative insurance solutions

Bimaplan Strategic Position Summary

Key Focus Areas

Bimaplan is addressing 2 strategic challenges to strengthen its market position.

Growth Potential

The company has identified 2 key opportunities for expansion and growth.

What are the latest news about Bimaplan?

Bimaplan has 2 recent news updates covering key business developments and market activities.

Bimaplan News Overview

2
Recent Articles
Active
Media Coverage
2023-11-07
Latest Update

What is Bimaplan in the news for?

Bimaplan is currently featured in news for Bimaplan receives financing of $3.5M in Pre Series A. and other significant business developments.

Recent News Articles About Bimaplan

Article 1
2023-11-07

Bimaplan receives financing of $3.5M in Pre Series A.

Y Combinator-backed insurtech startup Bimaplan has secured $3.5 million in a Pre-Series A funding round led by Orios Venture Partners.

inc42.com
Read News
Article 2
2023-11-07

Finsightvc invests into Bimaplan $3.5M.

Insurtech startup Bimaplan raises $3.5 million in a pre-series A funding round led by Orios Venture Partners.

business-standard.com
Read News

Bimaplan FAQ - Frequently Asked Questions About Founder, CEO, Funding & Company Details

Find answers to the most common questions about Bimaplan including information about founders, CEO, funding history, investors, headquarters location, and company details. 18 frequently asked questions covering key information about the company.

Bimaplan Questions & Answers - Company Information

Q1

What is Bimaplan?

Bimaplan is an affordable insurance platform aimed at providing financial security to 150 million vulnerable households in India through innovative insurance solutions.

Q2

Who founded Bimaplan?

Bimaplan was founded by Vikul Goyal.

Q3

Who is the CEO of Bimaplan?

The CEO of Bimaplan is Vikul Goyal. You can find more information about them on their LinkedIn profile.

Q4

How much funding has Bimaplan raised?

Bimaplan has raised a total of $$6 Million across 3 funding rounds. The most recent funding was completed on 2023-12-07.

Q5

Who are the investors in Bimaplan?

Bimaplan's key investors include Orios Venture Partners, Finsight Ventures, 2am VC.

Q6

Where is Bimaplan headquartered?

Bimaplan is headquartered in Bengaluru, India.

Q7

When was Bimaplan founded?

Bimaplan was founded in 2020.

Q8

How many employees does Bimaplan have?

Bimaplan has 51-100 employees.

Q9

What is Bimaplan's official website?

You can visit Bimaplan's official website at https://bimaplan.co/.

Q10

What was Bimaplan's latest funding round?

Bimaplan's latest funding round was a Pre-Series A round of $$3.5 Million completed on 2023-12-07.

Q11

Who is founder?

Vikul Goyal

Q12

What does the company do?

Bimaplan provides affordable insurance products to the underserved populations in India.

Q13

How much funding?

$6 Million

Q14

Latest funding date?

2023-12-07

Q15

Who are the investors?

Orios Venture Partners Finsight Ventures 2am VC

Q16

What are the challenges?

Low insurance penetration in India High competition in the insurtech market

Q17

What are the opportunities?

Expanding rural and semi-urban customer base Growing demand for innovative insurance solutions

Q18

Latest news?

Y Combinator-backed insurtech startup Bimaplan has secured $3.5 million in a Pre-Series A funding round led by Orios Venture Partners. Insurtech startup Bimaplan raises $3.5 million in a pre-series A funding round led by Orios Venture Partners.

More Information About Bimaplan

For additional details about Bimaplan, including the latest news, funding updates, and company developments, explore our comprehensive company database. Find information about startup funding, company valuations, executive leadership, and business intelligence data.