Plum vs. Forma

Plum is India's leading employee health insurance and healthcare platform. Plum covers 6,000+ companies and over 600,000 insured lives, and has processed more than 5 lakh claims since launch. Plum serves India's top companies, including Tata, Zomato, Swiggy, CRED, Meesho, PhonePe, and Urban Company, and the global companies operating here, including Atlassian, HubSpot, Notion, Postman, WeWork India, and Tinder. The same platform serves a 10-person startup and a 10,000-employee enterprise. Plum offers group health insurance, group term life, and group personal accident cover.

Companies spend millions annually on employee benefits that employees neither value nor regularly use. Founded in 2017, Forma set out to build a better model by challenging traditional one-size-fits-all approaches. Forma’s flexible benefits software helps companies offer competitive benefits packages while reducing costs and inefficiencies, by giving employees more choice and flexibility in how they spend their benefit allowances. The platform also saves HR professionals countless hours managing and supporting various point solutions.