Renewbuy funding, investors and company details

Renewbuy is an emerging Insurance startup from Gurugram, working in the space of Insurtech business that provides health, life, and auto insurance. Founded by Balachander Sekhar, Indraneel Chatterjee, Devesh Joshi, Sekhar Subramanya Pasupathy.

Company: D2C Insurance Broking Private Limited
Sector: Insurance
Location: Gurugram
Founders: Balachander Sekhar, Indraneel Chatterjee, Devesh Joshi, Sekhar Subramanya Pasupathy
Total funding raised: ₹414.66 Cr

Company overview

Established in 2014, RenewBuy is an insurtech business that provides health, life, and auto insurance products via a vast network of local agents, referred to as point-of-sale persons in the industry. In FY 2023-24, the company reported ₹410 crore in revenue with a net loss of ₹114 crore.

Funding rounds

Latest round: $ 10.00 Mn (₹85.70 Cr.), 2025-06-20. Investors: Apis Partners (UK), 360 One Asset Management Fund
Past round (Series D): $ 40.00 Mn (₹328.96 Cr.), 2023-07-18. Investors: Dai-ichi Life Holdings Inc.