As a user of @getplumhq I can vouch for the painless claims process that the company delivers to its users at a time when one needs to focus on the family which in my case was my mom who had to get a medical procedure done. Excited to partner more deeply with them to help expand their offering to many more consumers!
📢 We’re excited to share that we’ve just closed our Series B round, led by Peak XV Partners, after our first full year of profitability.
This milestone is all in the service of one thing truly – to help us further scale what we believe is the most important part of insurance – the claims experience.
For the last 6 years, we’ve been obsessed with improving the claims experience. Because we believe it's the moment that matters most for anyone who gets insurance. And after 6+ years and 500,000+ claims, we're at a claims NPS of 79.
This round empowers us to deliver this experience to the next million Indians.
We’re extremely grateful to our customers for trusting us to care for their teams, our investors (Peak XV, Tanglin, and GMO) for believing in our mission, and the 500-odd Plum-bers who’ve built this with relentless care.
To know more - https://t.co/5oNDDYxCEX
In insurance, the moment that matters most is the claim.
That’s the moment Plum chose to rebuild from first principles.
From reducing discharge times to minutes, to resolving the majority of claims without human intervention, they’ve quietly redefined what “good” looks like in employee healthcare.
Now, with fresh capital and a profitable, cash-generating business, they’re just getting started.
Congratulations Abhishek Poddar (@thesanerguy), Saurabh Arora (@tanish2k) and the entire Plum (@getplumhq) team. 🙌
Excited to double down as you build the future of employee benefits in India. 🚀
@gvravishankar
🆕 DataLabs by Plum is back with a new story,
The Burden of Heart Disease: Costs, Risks, and Early Detection.
While the average age for heart-related hospitalization is 59, the biomarkers indicating risk start flashing red in our 20s and 30s.
The good news is, you have decades of preventable progression to work with.
A few more important findings from our investigation include:
🔴 More Indians are at risk of heart disease when measured by ApoA/ApoB tests (62%), compared to traditional cholesterol parameters (~40%).
🔴 Heart disease in women manifests very differently than it does in men, requiring different identification and therapeutic pathways.
🔴 A third of heart-related hospitalisations exceed INR 2L, with extreme cases costing families upwards of INR 25L.
Check out the full report for our complete breakdown:
https://t.co/TH9mpTIatY
P.S. We're grateful to Dr. Anirudh Anilkumar for going through the first drafts of this report and for bringing in his expert opinions.
P.P.S. This time, we asked @sharvantg to make this story mobile-friendly.
we sent out these nazar battus (and battu stickers) to founders as an homage to the most iconic symbol for protection, but also to talk about how businesses likely needs more than luck
also, someone on LinkedIn said I look like a fitter BPraak and idk what to make of that
🔈boundary
/ˈbaʊnd(ə)ri/
The word 'boundary' has many meanings.
For the Second Volume of Humanise Edition II, we gave the word 'boundaries' to the authors and let them run with it. Here are the different interpretations we got back
Volume ll: https://t.co/qNtHdBGIGS
In a country as parched for data as we are, I’m genuinely so grateful for the kind of work @getplumhq has put into this report. I’ve been thinking about how insurance today is not like our parents’ insurance- how there’s a lot of fancy shmancy stuff but somehow very few of us are asking the tougher questions around what insurance is beyond a tax deduction.
Platforms like Plum are leading the charge in demystifying, and hence empowering, the average insurance customer. This made me recheck my whole family’s insurance fine print, double double check on cancer coverage, and have a tough conversation about building a detection protocol for all of us.
Read here, best on desktop- https://t.co/9AUA8c7fhW
This was all written so that @Ganapathi_97 keeps my supply of early plum releases coming 😅 (This is a joke!)
Introducing The Cost of Cancer — the first report under our new effort, Data Labs by @getplumhq.
Read more here — https://t.co/E4N1jIQKcx
Props to @Ganapathi_97 and @tanish2k. This wasn't easy.
And yeah, fuck cancer
Introducing The Cost of Cancer, the inaugural story on Data Labs by Plum.
Top three observations:
🟢 Early detection has increased 72% over the last three years.
🟠 Cancer treatment can wipe out decades of savings, depending on the intensity.
🔴 Insurance payout ratios are reducing over time.
Explore incidence, cancer types, costs, and coverage (best viewed on desktop) here: https://t.co/CsWWdUT1fs
10/10 post but also, shoutout to @getplumhq for doing all of this for me when hosp tried to say ‘your doctor is not covered by insurance’. They escalated it and ensured I got the whole sum before their promised date.
Hello Twitter 👋👋
Need some help.
Anyone coming from the US to Bangalore in the next few days?
I need a small health supplement for the kid.
Small - 3 inch x 2 inch box.
Anyone ?
Pls share for reach 🙏
@ku1deep ime anything adversarial in India gets stonewalled. Deep distrust resulting in vague replies. unless enterprise ofc.
but I raise you witty storytelling. I've seen it do wonders. On me. I'm the sucker. But I rarely see it.
also one of my greatest sales enablement dreams/gripes