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RenewBuy

RenewBuy is a Gurugram based digital insurance aggregator which uses a mixed model of business involving both agents and a digital platform.
Financial Services,  Automotive,  Insurance  
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Basic Information
RenewBuy is a fin-tech startup started by Indraneel Chatterjee and Balachander Sekhar started in 2015. It is backed by a proprietary technology platform through which an agent can offer insurance products to customers. RenewBuy works as a digital agent model, which provides transparency and offers instant insurance for lower prices. The company has been backed by the likes of IIFL Asset Management, Lok Capital, and Amicus Capital .
Legal Name
:
D2C Insurance Broking Pvt Ltd
Headquarters
:
Gurgaon, Haryana, India
Founding Date
:
2015
No. of Employees
:
251 to 500
Core Team
:
1.  
Balachander Sekhar
Co-Founder & CEO
2.  
Indraneel Chatterjee
Co-Founder & COO
3.  
Devesh Joshi
Co-Founder
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Funding

Total Funding

$31.2M

Investors
:
1.  
Amicus Capital
2.  
Lok Capital
3.  
IIFL Asset Management Limited
4.  
Mount Nathan Advisors

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Detail Round Breakdown
Round 1

$40M

Series Name
:
SERIES-D
Date
:
18th Jul 2023
Investors
:
1.  
Dai-Ichi Life Holdings Inc ADR
Features

RenewBuy raises $40M in Series D round from Dai-ichi Life Holdings

[100 Emerging Women Leaders] RenewBuy CPO Sulbha Rai’s motto: a professional first, woman next

[Funding alert] Insurtech startup RenewBuy raises additional $10M to close $55M Series C round

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RenewBuy raises $40M in Series D round from Dai-ichi Life Holdings

[100 Emerging Women Leaders] RenewBuy CPO Sulbha Rai’s motto: a professional first, woman next

[Funding alert] Insurtech startup RenewBuy raises additional $10M to close $55M Series C round

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Features

RenewBuy raises $40M in Series D round from Dai-ichi Life Holdings

[100 Emerging Women Leaders] RenewBuy CPO Sulbha Rai’s motto: a professional first, woman next

[Funding alert] Insurtech startup RenewBuy raises additional $10M to close $55M Series C round

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Automatically collect your credit using RocketPay.

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See More
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