Plum
Plum: Business Model Canvas
The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.
Value Propositions
Cashless discharge sometimes possible within 20 minutes; paperless processes with a 24/7 helpline
sourceB2B2C model that partners with small businesses to provide health insurance coverage to employees and their family members, charging as little as $1 a month for an employee
sourceTelehealth consultations, health checkups, wellness programs, mental health support and care coordination alongside group health, term life and personal accident insurance
sourceCustomer Segments
High-performance tech with seamless integrations, an amazing employee app, and industry-leading NPS
sourceCustomizable plans backed by expert consultations, hassle-free onboarding and incredible claims experience
sourceScalable and secure tech coupled with world-class service to ensure large teams are well taken care of
sourceCustomer Relationships
Channels
Employers manage benefits via a digital dashboard while employees access coverage and claims through a mobile app
sourceIntegrated APIs with top insurers and HRIS tools further enhance workflow efficiency
sourceKey Activities
Key Resources
Key Partnerships
Plum maintains partnerships with ICICI Lombard, Care Health, Star Health and New India Assurance.
sourceBangalore-based Razorpay has also partnered with Plum to give the fintech startup's clients a three-click, one-minute option to sign up for insurance coverage.
sourceRevenue Streams
Plum offers health insurance coverage on a B2B2C model. The startup partners with small businesses to provide health insurance coverage to all their employees (and their family members), charging as little as $1 a month for an employee.
sourceCost Structure
FAQs on Plum
What is Plum's business model?
Plum's core value proposition centers on Fast, hassle-free claims, Affordable group health coverage for SMEs, Integrated healthcare beyond insurance.
How does Plum make money?
Plum's cited revenue streams include Per-employee insurance premiums (B2B2C).