RenewBuy

Series C+

RenewBuy is an IRDA licensed brokerage platform for motor insurance, registered with brokering firm name D2C Insurance Broking Pvt Ltd…

renewbuy.com

RenewBuy is an IRDA licensed brokerage platform for motor insurance, registered with brokering firm name D2C Insurance Broking Pvt Ltd. Provides real time quotes from various motor insurance plans. Has tie-ups with multiple insurers including HDFC ERGO, IFFCO Tokio, Bajaj Allianz, Bharti AXA, Reliance General and L&T Insurance to provide discounts and deals on its platform. Provides assistance throughout the claim process (such as quote generation). Claims to have sold 500 policies last month. Charges 20% commission on every policy depending on the type and size of the insurance.

SECTOR

Fintech

TAGS

funded-2021, Banking/Insurance/Accounting, Financial Services, Startup

AREA

Gurugram(approximate)

FOUNDED

2015

TEAM SIZE

501-1000

TOTAL FUNDING

$10M

INVESTORS

Evolvence Capital, Lok Capital, IIFL Asset Management

FOUNDERS

• Balachander Sekhar
• Sandeep Nanda

We know RenewBuy is based in Delhi NCR, but no public street address was found — its pin on the map is indicative only. Know the address?