RenewBuy
RenewBuy is an insurtech platform that distributes health, life and motor insurance through a trusted, digitally-enabled network of POSP (point-of-sale-person) insurance advisors, targeting Tier 1, 2 and smaller Indian cities.
RenewBuy: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 20 Jun 2025 | Undisclosed | $10 Mn | 360 One Apis Partners Derrik Roshan Dsouza Gaurav Deepak Gauri Taneja Sanjay Kaul | source |
| 18 Jul 2023 | Series D | $40 Mn | Dai-ichi Life Holdings Inc. | source |
| 26 Nov 2022 | Debt | $8.5 Mn | InnoVen Capital Stride Ventures | source |
| 13 Jan 2022 | Series C | Undisclosed | responsAbility | source |
| 6 Aug 2021 | Series C | $10 Mn | Evolvence Capital | source |
| 19 Jun 2021 | Series C | $45 Mn | Apis Partners IIFL Wealth Lok Capital | source |
| 2 Jul 2019 | Series B | $19 Mn | IIFL Wealth Lok Capital Amicus Capital | source |
| 16 Oct 2017 | Series A | $9 Mn | Amicus Capital | source |
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 10 Nov 2025 | InsuranceDekho | RenewBuy | Undisclosed | source |
| 28 Oct 2024 | InsuranceDekho | RenewBuy | Undisclosed | source |
| 21 Feb 2022 | RenewBuy | Artivatic.AI | $10 Mn | source |
News on RenewBuy
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Who founded RenewBuy?
RenewBuy was founded by Balachander Sekhar, Indraneel Chatterjee in 2015.
How much funding has RenewBuy raised?
RenewBuy has raised $141.5 Mn across 8 tracked funding round(s), most recently on 2025-06-20. Figures are compiled from cited public sources.
Who are the investors in RenewBuy?
Investors in RenewBuy include 360 One, Apis Partners, Derrik Roshan Dsouza, Gaurav Deepak, Gauri Taneja, Sanjay Kaul, Dai-ichi Life Holdings Inc., InnoVen Capital.
What does RenewBuy do?
RenewBuy is an insurtech platform that distributes health, life and motor insurance through a trusted, digitally-enabled network of POSP (point-of-sale-person) insurance advisors, targeting Tier 1, 2 and smaller Indian cities.
Where is RenewBuy headquartered?
RenewBuy is headquartered in Gurugram, Haryana, India.
What is RenewBuy's business model?
RenewBuy's core value proposition centers on Digital, paperless insurance issuance, Empowered point-of-sale advisors, Multi-insurer product choice.
How does RenewBuy make money?
RenewBuy's cited revenue streams include Insurance broking commissions, Motor insurance (largest line).