Plum Insurance Raises ₹1.9B in Series B Funding

The benefits platform is investing in claims operations and HR-system integrations so employers can manage insurance and everyday healthcare together.

Round size
₹1.9B
Stage
Series B
Headquarters
India
Announced
Mar 26, 2026

From a policy to a usable benefit

Employees can submit claims through the app and get help when an insurer rejects a claim. HR teams manage enrollment, benefits and claims information, while healthcare services include consultations, preventive checks and mental-health support. Insurance remains the core of the platform, with care services built around it.

Reducing the work behind benefits

The ₹193 crore Series B backs hiring, technology, security and AI-assisted claims operations. Deeper connections to HR and payroll systems are intended to reduce the administrative work of enrollment, employee queries and policy changes as the company expands its healthcare offering.

Sources

  1. Plum Insurance: funding announcement
  2. Plum founder: native round amount and product roadmap
  3. Plum: benefits-management and employee-care products
  4. Entrackr: Series B amount and investor corroboration
03 / Related rounds

Related funding rounds

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02
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03
Series B · Cybersecurity

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