RenewBuy

company

About

RenewBuy is an online insurance distribution platform making life and general insurance policies simplified and accessible.

Details

Last Funding Type
Series D
Last Funding Money Raised
₹680M
Industries
Financial Services,Insurance,Point of Sale
Founded date
Jan 1, 2015
Number Of Employee
1001 - 5000
Operating Status
Active
Legal Name
D2C Insurance Broking Pvt Ltd,
Also Known As
D2C Insurance Broking

RenewBuy is an online insurance distribution platform making life and general insurance policies simplified and accessible. RenewBuy offers expert insurance advice that is curated specifically for an individual’s requirements. RenewBuy ensures that their POSP advisors can efficiently and instantly provide the right advice and sell the right insurance to their customers.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
8
₹6.64B $1.50M
RenewBuy has raised a total of ₹6.64B $1.50M in funding over 2 rounds. Their latest funding was raised on Nov 26, 2022 from a Series D round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 26, 2022 Series D ₹680M 2 Detail
Nov 26, 2022 Debt Financing Detail
Aug 5, 2021 Series C ₹740M 1 Evolvence India Fund Detail
Jun 18, 2021 Series C ₹3.32B 3 Apis Partners Detail
Jul 2, 2019 Series B ₹1.30B 2 IIFL Asset Management
Lok Capital
Detail

Investors

Number of Lead Investors
Number of Investors
4
7
RenewBuy is funded by 7 investors. Evolvence India Fund and Apis Partners are the most recent investors.
Investor Name Lead Investor Funding Round
Evolvence India Fund Yes Series C
Apis Partners Yes Series C
InnoVen Capital Series D
Stride Ventures Series D
IIFL Asset Management Series C
Lok Capital Series C
Mount Nathan Advisors Angel

Employee Profiles

Number of Employee Profiles
8
RenewBuy has 8 current employee profiles, including Executive Sachin Bawa
Executive
Executive
Executive
Executive
Executive

Acquisition

RenewBuy has acquired 1 organizations. Their most recent acquisition was Artivatic.ai on Feb 21, 2022. They acquired Artivatic.ai for 0.

Date Company Name
Industry Acquisition Type Price
Feb 21, 2022 Artivatic.ai
Auto Insurance acquisition Detail