Renewbuy raises $10 Mn from Apis Partners and 360 One: Report

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Here’s the information extracted from the provided text regarding Renewbuy:

Funding Details

  • Funds Raised: $10 million (approximately Rs 86 crore)
  • Additional Recent Funding: Rs 45 crore ($5 million)
  • Past Funding (July 2023): $40 million in Series D

Investors

  • Existing Investors:
    • Apis Partners
    • 360 One (formerly IIFL Wealth)
  • Individual Investors:
    • Gaurav Deepak
    • Gauri Taneja
    • Sanjay Kaul
    • Derrik Roshan Dsouza
  • Notable Investor (Series D):
    • Dai-ichi Life Holdings Inc.

Startup Information

  • Startup Name: Renewbuy
  • Founded: 2014
  • Industry: Insurtech (Insurance technology)
  • Core Business: Enables the sale of motor, health, and life insurance policies through a network of point-of-sale agents.

Funding Series

  • Current Round: Fresh funding (not specified as a series)
  • Previous Series: Series D (July 2023)

Funding Dates

  • Current Fundraise Date: Not explicitly stated in the text.
  • Series D Fundraise Date: July 2023
  • Merger Announcement: First reported in October 2024 (Related to the current fundraising context)

This captures the essential funding, investor, and startup details based on the information provided.

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2025-06-20 07:08:22