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Lok Capital, IIFL AMC bet on digital insurance platform RenewBuy

Digital insurance platform RenewBuy has raised Rs 130 crore ($18.85 million) in a Series B funding round led by impact venture capital firm Lok Capital and IIFL Asset Management Ltd.

RenewBuy
RenewBuy raises Rs 130 cr from Lok Capital, IIFL AMC

Digital insurance platform RenewBuy.com Tuesday said it has raised Rs 130 crore (USD 19 million) in a funding round led by Lok Capital and IIFL AMC. RenewBuy's existing investor Amicus Capital…

RenewBuy
Lok Capital, IIFL Asset Management lead $19 mn funding in insurance platform RenewBuy

Insurance products aggregator RenewBuy has raised Rs 130 crore (about $19 million at current exchange rate) in its Series B funding round led by venture capital firm Lok Capital and IIFL Asset…

RenewBuy
[Funding alert] Digital Insurance startup RenewBuy raises Rs 130 Cr in Series B funding from Lok Capital and IIFL Wealth

Digital insurance platform, RenewBuy.com, on Tuesday said that it has raised Rs 130 crore ($19 million) in a Series B funding round led by Lok Capital, IIFL Wealth. RenewBuy’s existing investor…

RenewBuy
RenewBuy raises Rs 130 cr from Lok Capital, IIFL AMC

Digital insurance platform RenewBuy.com Tuesday said it has raised Rs 130 crore (USD 19million) in a funding round led by Lok Capital and IIFL AMC. RenewBuy's existing investor Amicus Capital also…

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RenewBuy raises Rs 130 cr from Lok Capital, IIFL AMC

New Delhi, Jul 2 Digital insurance platform RenewBuy.com Tuesday said it has raised Rs 130 crore (USD 19 million) in a funding round led by Lok Capital and IIFL AMC. RenewBuy''s existing investor…

RenewBuy
Insurance Disruptor RenewBuy Raises $19 Mn From Lok Capital, IIFL AMC

The investment will enable RenewBuy to expand into 1000 cities by 2022 Series A investor Amicus Capital also took part in this round The company claims to have over INR 500 Cr in annualised…

RenewBuy
An insurance startup riding on technology, good old agent is still the key

Gurugram based online insurance comparison platform RenewBuy’s website boasts of a strong backend technology integration with leading insurance companies. But talk to its Chief Executive Officer…

RenewBuy
Online insurance space to hit Rs 600 bn premium revenues in 5 years

The nascent online insurance segment is expected to grow exponentially over the next 5 years and touch almost Rs 600 billion on the back of expanding digital ecosystem. Currently, the domestic…