Bimaplan LinkedIn · Jun 2026
Bimaplan announced Rahul Shrivastava’s promotion from Finance Controller to CFO, citing his role in strengthening financial operations and scalable processes.
Affordable insurance for the next billion Indians
Company research
Public company, workplace, funding, and market signals
Overview
Bimaplan is an India-focused embedded insurance company that builds affordable life and health insurance distribution products for underserved households and partner channels. Public sources describe it as a mobile-first, B2B2C insurance platform serving financial-services, e-commerce, and other distribution partners.
Primary product
Embedded insurance platform (including the Bimaplan UNO SaaS / insurance API stack)
Founded
2020
Headquarters
Bangalore, Karnataka, India
Team size
30-40
Industry
Insurance
Sub-industry
Embedded insurance / insurtech
Offices
Bangalore, Karnataka, India (HQ)
Mumbai, Maharashtra, India
United States
Business model
B2B2C embedded insurance
partner distribution / referral network
SaaS / API platform for insurance operations
co-created insurance products with insurers
Funding
Stage
Pre-Series A
Total raised
$6.5M
Latest round
Pre-Series A · Nov 2023
Latest amount
$3.5M
People & investors
Leadership
Founder & Managing Director
Chief Executive Officer
Chief Business Officer
Executive Director
Chief People Officer
Human Resources Manager
Rahul Shrivastava
Chief Financial Officer
Work & culture
Public hiring posts and employee comments describe the culture as purpose-driven, collaborative, supportive, fast-moving, and growth-oriented, with a strong emphasis on impact and continuous learning.
Compensation
Public job postings advertise competitive market salary and ESOPs. Third-party salary pages suggest pay varies widely by role, with some India averages reported around the mid-₹20 LPA range, but those figures are estimates rather than company-published compensation data.
Benefits
Medical insurance
Competitive market salary
ESOPs / wealth creation opportunity
Flexible and fun work environment
Opportunity to create large-scale impact
Product & market
Pricing
unknown
Differentiators
- —Affordable contextual life and health insurance for underserved Indian households
- —Embedded distribution through partner channels rather than only direct-to-consumer sales
- —Mobile-first / vernacular access to improve reach in Bharat markets
- —Partner workflows for policy issuance, reconciliation, and claims management
- —Focus on semi-urban and rural customer acquisition
- —Insurance product co-creation with insurer partners
Technology
Flutter
React
TypeScript
JavaScript
Node.js
MongoDB
PostgreSQL
Firebase
AWS Lambda
Redis
Segment
Redux
Jest
microservices
Customers
Financial services companies
E-commerce platforms
Insurers / underwriting partners
Rural and semi-urban channel partners
Microfinance institutions
NGOs / partner organizations
Low- and middle-income households
Competitors
Acko
Policybazaar
Turtlemint
Riskcovry
InsuranceDekho
Coverfox
Onsurity
Zopper
Loop Health
Digit
Scale & contact
Estimated revenue
$1M-$10M
Estimated monthly visits
299
Traffic estimate as of May 2026
Latest news
ETBFSI · Aug 2025
Bimaplan named Anurag Mishra CEO as it sharpened its focus on profitability and expansion into global markets, with Vikul Goyal shifting toward product and partnerships.
The Economic Times · Nov 2023
The company raised $3.5 million in a pre-Series A round led by Orios Venture Partners, with Finsight Ventures and 2am VC participating.
The Economic Times · Jun 2021
Bimaplan raised $2.5 million from Amino Capital, Goodwater Capital, Acequia Capital and others, bringing total funding to $3 million at the time.
YourStory · Mar 2021
Bimaplan announced a $500K seed round led by Titan Capital, with participation from Y Combinator and several angel/institutional investors.
Jobs and careers at Bimaplan
0 jobs at Bimaplan
No open positions
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