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New Deal


Announced

Completed

Tiger Global led a $15.6m Series A round in Plum Benefits Technologies.

Financials

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Transaction Value£10m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Business Process Outsourcing

Friendly

Minority

Single Bidder

Private

corporate benefits

Cross Border

Venture Capital

Acquisition

India

Completed

Synopsis

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Tiger Global led a $15.6m Series A round in Plum Benefits Technologies, which helps companies set up group health insurance programmes, with participation from Sequoia Capital India’s Surge, Tanglin Venture Partners, Incubate Fund, and Gemba Capital. "As India’s healthcare insurance industry rapidly expands and transforms, Plum is well-positioned to make comprehensive health insurance accessible to millions of Indians. We are excited to partner with Abhishek, Saurabh, and the Plum team as they scale their leading tech-enabled platform to employers across the country," Scott Shleifer, Tiger Global Partner.

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