Health insurance startup Plum raises funding led by Sequoia’s Surge
Bengaluru based group health insurance startup Plum has raised slightly over Rs 30 crore (approximately $4.04 million) in funding, according to a report. The company has raised funds from Sequoia’s Surge, the accelerator and early-stage investment programme of marquee venture capital firm Sequoia, Entrackr reported. While Surge is investing Rs 16.65 crore, Tanglin is committing Rs 11.8 crore. Earlier in July, Plum had raised Rs 7 crore in seed funding from Incubate Fund, with participation from Gemba Capital and Tracxn Labs and angel investors. Saurabh led product & engineering teams at Freshworks (he had previously built Airwoot, an AI-based CRM company which got acquired by Freshworks).