Bimaplan

Bimaplan is dedicated to providing accessible and affordable insurance solutions to the next billion Indians, focusing on a demographic often underserved by traditional insurance providers. The company's vision centers on delivering financial security to 150 million vulnerable households through tailored life and health insurance products designed to meet their specific needs. The increasing mobile penetration and the advancement of digital infrastructure across India have created a unique opportunity to effectively reach and serve this population. Bimaplan estimates an $8 billion addressable market within this segment.

Launched in February 2021, Bimaplan has partnered with a leading insurance underwriter and is rapidly gaining traction, projecting to sell 1,000 policies in March 2021 alone. The company is supported by prominent early-stage technology investors, experienced fintech founders, and seasoned insurance industry experts.

Bimaplan is led by Vikul Goyal, a serial entrepreneur with a proven track record of success. His previous venture, Carcrew, was successfully acquired by TVS Group, a major automotive conglomerate in India, demonstrating his expertise in building and scaling successful businesses.