RenewBuy closes US$ 40million, as a part of its Series D fund raise, with Japanese insurance major, Dai-ichi Life Holdings Inc.
New Delhi, August 2023.
InsurTech major, RenewBuy has closed US$ 40 million fund raise, in a series D funding round; from Japanese insurance major, Dai-ichi Life Holdings Inc. This round is part of the company’s on-going Series D fund raise, which is attracting interest from several other marquee investors and is expected to close soon.
RenewBuy’s pioneering technology is used by 1,00,000 plus insurance advisors across life, health and motor insurance; where they can compare product features, price and issue policies on the spot, in a transparent and frictionless manner for their consumers. The company works with more than 40 insurers, to deliver a smooth digital experience, and now has more than 5 million consumers. RenewBuy stands out in the market, given its wide-spread dist...
