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Bimaplan

Coverplan Technology Private Limited Bengaluru, Karnataka Founded 2020 bimaplan.co ↗

Bimaplan is an embedded/insurtech platform that works with insurers to co-create and distribute affordable, low-premium insurance products for low- and middle-income households in India (the "missing middle").

Vikul Goyal · Founder and CEO
$6.5 MnTotal funding (tracked)
3Funding rounds
7 Nov 2023Last round
50Team size (sourced)

Bimaplan: Funding Rounds

News on Bimaplan

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FAQs on Bimaplan

Who founded Bimaplan?

Bimaplan was founded by Vikul Goyal in 2020.

How much funding has Bimaplan raised?

Bimaplan has raised $6.5 Mn across 3 tracked funding round(s), most recently on 2023-11-07. Figures are compiled from cited public sources.

Who are the investors in Bimaplan?

Investors in Bimaplan include Orios Venture Partners, 2am VC, FinSight Ventures, Amino Capital, Goodwater Capital, 2am Ventures, Acequia Capital, Arjun Sethi.

What does Bimaplan do?

Bimaplan is an embedded/insurtech platform that works with insurers to co-create and distribute affordable, low-premium insurance products for low- and middle-income households in India (the "missing middle").

Where is Bimaplan headquartered?

Bimaplan is headquartered in Bengaluru, Karnataka, India.

What is Bimaplan's business model?

Bimaplan's core value proposition centers on Affordable, low-premium OTC insurance, Financial security for the "missing middle", Insurance purchasable via WhatsApp/social channels.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: inc42.com · Last verified 15 Jul 2026. · Report a correction