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Plum Benefits Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.21 Cr
▲ 75% YoY
Net loss · FY 2024
₹25.53 Cr
Net margin -209.1%
EBITDA · FY 2024
-₹24.3 Cr
EBITDA margin -199%
Authorised capital
₹5.14 Cr
Registered with MCA
Paid-up capital
₹4.65 Cr
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
109
Provident fund records
Directors on board
3
As per MCA filings
About Plum Benefits Private Limited
Data last updated:
Plum Benefits Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the health insurance providers segment of the financial services sector. It was incorporated on 20 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2019PTC129875. Its GSTIN is 29AAKCP8856C1ZX (Karnataka).
The company has an authorised share capital of ₹5.14 Cr and a paid-up capital of ₹4.65 Cr. It is led by directors including Saurabh Arora and Abhishek Poddar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.21 Cr, a growth of 75% compared to the previous year. For the same year it recorded a net loss of ₹25.53 Cr (net margin -209.1%) and EBITDA of -₹24.3 Cr (EBITDA margin -199%). Revenue has grown at a compounded annual rate (CAGR) of 294% over three years.
The company has about 109 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Plum. The company has 4 deals on record (4 funding rounds), with disclosed funding of ₹343.9 Cr; the latest was in March 2026.
For more details, the company can be reached via its website plumhq.com.
Company details
CIN U74140KA2019PTC129875
Registration Number 129875
Incorporation Date 20 November 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Key People
Saurabh Arora Director Ravi Shankar Venkataraman Ganapathy Agraharam Nominee Director Abhishek Poddar Director Recognitions & Rankings of Plum Benefits
Contact details
Plum Benefits Private Limited's registered office is in Bangalore, Karnataka. Its website is plumhq.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPrimeco Union City KIADB Plot No. 18, 19A 19B S.Y. No. 76 87 Sadarmangala Village, Bangalore, Karnataka, India – 560067
- IndustryFinancial Services, Health Insurance Providers
To see the full contact details of Plum Benefits Private Limited, buy the company report.
Comprehensive company report
Plum Benefits Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Plum Benefits operates one associated brand: Plum. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Employee health benefits and insurance solutions are provided by Plum. | plumhq.com |
Business activity
The main business activity of Plum Benefits is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Plum Benefits Private Limited, buy the company report.
Financials of Plum Benefits Private Limited
FY 2025 filings availablePlum Benefits Private Limited reported revenue of ₹12.21 Cr (up 75% YoY) for FY 2024.
Revenue · FY 2024
₹12.21 Cr ▲ 75%
Net loss · FY 2024
₹25.53 Cr margin -209.1%
EBITDA · FY 2024
-₹24.3 Cr margin -199%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 75%
3 years · compounded
▲ 294%
EBITDA CAGR growth
1 year
▲ 55%
3 years · compounded
▼ 109%
Revenue has grown at a compounded annual rate (CAGR) of 294% over three years, including 75% growth in the latest year. EBITDA rose 55% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹12.21 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹24.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹25.53 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -199% | ||||
| Net Profit Margin | -209.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Plum Benefits Private Limited, buy the company report.
Board of directors of Plum Benefits Private Limited
Plum Benefits has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Arora Also directs: Plum Benefits Insurance Brokers Private Limited | Director | 20 Nov 2019 | 6 Years 11 Months | Current |
| Ravi Shankar Venkataraman Ganapathy Agraharam Also directs: Finova Capital Private Limited, Rupeek Fintech Private Limited, Homevista Decor and Furnishings Private Limited and 2 more | Nominee Director | 30 Mar 2026 | 0 Years 7 Months | Current |
| Abhishek Poddar Also directs: Plum Benefits Insurance Brokers Private Limited | Director | 20 Nov 2019 | 6 Years 11 Months | Current |
Auditor
Plum Benefits Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2024 | 101049W/E300004 |
Shareholding
The shareholding of Plum Benefits Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Plum Benefits Private Limited, buy the company report.
Deals & funding
Plum Benefits Private Limited has 4 deals on record (4 funding rounds), with disclosed funding of ₹343.9 Cr; the latest was in March 2026.
Total deals
4
Funding rounds
4
Disclosed funding
₹343.9 Cr
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2026 | Funding round · Series B | ₹193 Cr | Investors: Peak XV Partners (Sequoia India and SEA), Tanglin Venture Partners, GMO Venture Partners |
| Jun 2021 | Funding round · Series A | ₹113.82 Cr | Investors: Tiger Global, Tanglin Venture Partners, Surge |
| Feb 2020 | Funding round · Seed | ₹7 Cr | Investors: Incubate Fund India, Angel List, Tracxn Labs |
To see the full deal history of Plum Benefits Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Plum Benefits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Plum Benefits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Plum Benefits Private Limited has a workforce of 109 employees on its EPFO records as of Nov 21, 2024, across 1 active EPFO establishment.
Employee count
109
Active EPFO establishments
1
Employee growth
-65.06%
GST
Plum Benefits has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCP8856C1ZX | Karnataka | Active | 02 Jan 2020 |
To see the full GST registrations and return filing status of Plum Benefits Private Limited, buy the company report.
Recent activity
Plum Benefits Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Ravi Shankar Venkataraman Ganapathy Agraharam was appointed as Nominee Director on 30 Mar 2026.
Appointed
Ravi Shankar Venkataraman Ganapathy Agraharam was appointed as Nominee Director.
AGM
Plum Benefits Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Plum Benefits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Abhishek Poddar was appointed as Director.
Appointed
Saurabh Arora was appointed as Director.
Incorporation
20 Nov 2019
Plum Benefits Private Limited was registered on 20 Nov 2019 with Roc Bangalore & aged 6 years 11 months as per MCA records.
News
Frequently asked questions
Plum Benefits is an active private limited company based in Bangalore, Karnataka, India. The company works in health insurance providers, within the financial services industry. It was incorporated on 20 November 2019 (7+ years old) and is registered under CIN U74140KA2019PTC129875.
Plum Benefits has 3 current directors:
- Saurabh Arora - Director
- Ravi Shankar Venkataraman Ganapathy Agraharam - Nominee Director
- Abhishek Poddar - Director
The latest financial statements of Plum Benefits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Plum Benefits is 29AAKCP8856C1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Plum Benefits is U74140KA2019PTC129875. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Plum Benefits was incorporated on 20 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Plum Benefits has 4 deals on record (4 funding rounds), with disclosed funding of ₹343.9 Cr; the latest was in March 2026.
Ravi Shankar Venkataraman Ganapathy Agraharam was appointed as Nominee Director on 30 Mar 2026. Abhishek Poddar was appointed as Director on 20 Nov 2019. Saurabh Arora was appointed as Director on 20 Nov 2019.
Yes, Plum Benefits is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Plum Benefits can be reached through the website plumhq.com. Its registered office is in Bangalore, Karnataka, India.
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