A Game-Changing Move in the Insurance Sector
InsuranceDekho, a prominent Gurugram-based insurance broker, is set to acquire its rival RenewBuy in a significant consolidation deal valued at approximately $300 to $350 million. This merger is expected to reshape the insurance distribution landscape in India, creating a combined entity valued at around $1 billion.
Valuation Details and Market…
Gururam-based insurtech startup RenewBuy has brought $45 million up in a Series C subsidizing round drove by a speculation from Apis Growth Fund II, a private value reserve oversaw by Apis Partners LLP, a UK-based resource chief that upholds development stage monetary administrations and monetary innovation organizations.
RenewBuy’s current financial backers, Lok Capital and IIFL Wealth…
