Plum partners with Razorpay Rize to offer health benefits

Employee health insurance startup Plum has partnered with Razorpay Rize to offer exclusive group health benefits to early-stage startups. Plum aims to cover over 1,00,000 new businesses and entrepreneurs. This partnership fructifies Plum’s vision to help startups create a culture of ‘health insurance and employee wellbeing from day-one’, the company said.

“Razorpay Rize is envisioned to promote entrepreneurship in India and help first-time entrepreneurs during the early days of setting up and growing a business. Through this association, Plum aims to take an industry-first approach of helping startups with under 10 employees get insured and provide them with best-in-class health benefits. Many early-stage entrepreneurs leave their corporate jobs along with its existing health insurance benefits to take a risk and startup. Plum wants to have them covered and encourage them to focus only on their disruptive growth journey,” Plum said in a release.