Insurance

Bimaplan

Website
Founded 2020Origin source ↗Checked 2026-09-15

Overview

Bimaplan is an affordable insurance platform for the next billion Indians.

Our vision is to provide financial security to 150 million vulnerable households through contextual life and health insurance products. The growth in mobile penetration and the evolution of digital infrastructure in India has now made it possible to reach this vulnerable population. This is an $8 billion addressable market.

We launched in February 2021, and went live with one insurance underwriting partner. We are on track to sell 1,000 policies in March 2021. We are backed by some of the best early stage technology investors, successful fintech founders, and insurance industry veterans.

The company is founded by Vikul Goyal, a second-time founder with a successful exit track record. His previous venture, Carcrew, was acquired by TVS Group, a large automotive conglomerate in India.

Company description As recorded 2026-11-08
LinkedIn GitHub
InsuranceMarketplaceConsumersConsumerTransaction fee

Founders & team

Previously Bima

Company history As recorded 2026-11-08

Vikul Goyal

Founder

Vikul is the founder of Bimaplan which is building an affordable insurance platform for the next billion Indians. His previous startup, Carcrew, an online marketplace for automobile spares and services, was recently acquired by TVS, a large auto conglomerate based in India. Previously, he worked as an Investment Professional at Bessemer Venture Partners and GSF Accelerator. Vikul has an MBA from Harvard Business School and has completed his undergrad in Mechanical Engineering from IIT Guwahati.

LinkedIn X
Founder profile As recorded 2026-09-15
30team members reported
Source-reported As recorded 2026-09-15

Founded 2020 · Source

News & product activity

Sources & observations

Y Combinator

Profile depthverified profile
Website observationwebsite reachable
Last website check2026-11-11
Location · source statedBengaluru, KA, India; MH, India
Pricing evidenceNo pricing page confirmed
Maturity: Not assessed · 3 of 6 areas documented

Source-based assessment · automated evidence rules

The retained text does not establish product availability or customer use.

Maturity is an evidence-based assessment, not a success rating. It may understate the current stage where evidence is limited. Coverage records documented areas, not a complete or independently audited company history.

Stage definitions
independent websitesource corroborationreachable websitedescriptive evidenceclassified market and modelsourced peoplesourced founding year
startup.observe Directory coverage · Sources & method