Abhishek Poddar is the Co-founder & CEO at Plum, a Sequoia-backed company that builds a new way for companies to look after and manage their employee health insurance and health benefit plans. It focuses on high-quality & affordable employee health insurance. Their focus is on building the best product, providing exceptional customer support, and building a trustable brand in the employee health insurance space.
In this episode of Founders Unfiltered, we talk about the health insurance industry in India, how to hire and retain talent, the importance of defining Moats for your business, the business model of Plum, and what to keep in mind while raising funds for the first time.
Do share your thoughts in the comment section below!
Follow Abhishek on his social media handles –
Linkedin – https://www.linkedin.com/in/abhishek24/
Twitter – https://twitter.com/thesanerguy
Know more about Plum here –
Website – https://www.plumhq.com/
Blog – https://www.plumhq.com/blog/
Linkedin – https://www.linkedin.com/company/plumhq
Twitter – https://twitter.com/getplumhq
Timestamps:
00:00 Introduction
00:55 Journey of Abhishek
12:54 How to get Insurance in Plum
18:23 What If my employees already have insurance?
21:04 Business Model of Plum
23:19 How does Plum get funds?
24:46 Valuation of Plum
27:02 What is Plum’s Competitive Edge?
32:03 How to hire employees?
40:33 How to draw an idea on paper?
44:07 How to build a product for the first time?
46:29 First priority while building MVP?
48:16 Rapid Fire
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