RenewBuy

About

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

Gurgaon,Haryana,India
1001 - 5000
https://www.renewbuy.com

Highlights

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