Bimaplan: Funding, Investors & Team (Sep 2026)
Bimaplan is a cost-effective insurance platform designed for the future Indian population of a billion people. Our goal is to offer life and health insurance products tailored to the unique needs of 150 million at-risk households, providing them with the financial protection they need. With the rise of mobile usage and improved digital infrastructure in India, we can now reach this underserved population. Our company is supported by top-tier global technology investors, successful fintech entrepreneurs, and seasoned insurance professionals.
Bimaplan has raised $6.5M across 3 funding rounds on record, the most recent a Seed of $3.5M announced in Nov 2023.
That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Bimaplan Company Profile and Key Stats
Latest funding round on record: Nov 2023.
Bimaplan Funding Rounds
Bimaplan raised $500k in a Seed announced in Mar 2021.
3 months later, an undisclosed round of $2.5M was announced in Jun 2021.
2.4 years later, a Seed of $3.5M was announced in Nov 2023.
Bimaplan Founders and Leadership Team
No contact details are on record for this team yet.
Bimaplan Funding Compared to Other Financial Services Startups
Bimaplan's latest round of $3.5M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like Bimaplan in Financial Services and Bangalore
Companies Similar to Bimaplan
Navi Finserv offers financial services to the underserved rural population of India.
Not "What are the highest returns I can get" but rather "What is the most significant investing question"…
Veriqus Partners is an integrated financial services platform.
Finnovate help families prudently manage personal finance i.e. investments, insurances, budgeting, loans,…
FundsIndia is at the forefront of a generational shift in financial services delivery in India. We are…
Mitigata is a cybersecurity and cyber insurance technology company that provides an integrated cyber…
Infradebt specializes in infrastructure finance and project finance.
CREST Capital is a private investment firm that partners with founders, families, and institutions to build,…
Recur Club is a trading platform for recurring revenue companies to trade their contracts/subscriptions & get…
Mufin Green Finance is an NBFC that specialises in the electric vehicle (EV) market.
Rovia is a digital wealth management platform that simplifies cross-border finances, specifically designed…
Bachatt is a financial platform that encourages daily savings. It is designed to cater to the needs of over…
Bimaplan Funding FAQs
What does Bimaplan do?
Bimaplan is a cost-effective insurance platform designed for the future Indian population of a billion people. Our goal is to offer life and health insurance products tailored to the unique needs of 150 million at-risk households, providing them with the financial protection they need. With the rise of mobile usage and improved digital infrastructure in India, we can now reach this underserved population. Our company is supported by top-tier global technology investors, successful fintech entrepreneurs, and seasoned insurance professionals.
How much funding has Bimaplan raised?
Bimaplan has raised $6.5M across 3 rounds on record. The most recent is a Seed of $3.5M announced in Nov 2023.
When did Bimaplan last raise funding?
Bimaplan's most recent funding round on record is a Seed of $3.5M, announced in Nov 2023.
Who is the CEO of Bimaplan?
Vikul Goyal is listed as CEO at Bimaplan.
Where is Bimaplan headquartered?
Bimaplan is based in Bangalore, Karnataka, India.
How many employees does Bimaplan have?
Bimaplan is in the 11-50 employee band.
How does Bimaplan's funding compare to other Financial Services startups?
Bimaplan's latest round of $3.5M is below the $14M median round size for Financial Services companies on FundedIQ across 5,746 tracked companies over the last two years.
About FundedIQ's Bimaplan Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Bimaplan is left off this page rather than filled in.
Know who just raised. Then know who to reach.
Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.
Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.