RENEWBUY

Indian EV ride-hailing platform BluSmart has raised $25 million from ResponsAbility to expand its EV charging infrastructure. The investment includes $20 million in debt and $5 million in equity funding. BluSmart currently operates 6,000 EV cabs and...

If you are planning to start a family and depending upon your corporate health insurance policy then you need to check whether it offers adequate coverage to meet all eventualities as in many cases these plans offer no coverage to new born baby or t...

​As per Tracxn data reviewed by ET, monthly funding totals have never gone below $600 million, trailing at least as far back as March 2022 - 17 months ago.

The overall total of $234.7 million from 19 deals marked a decline of about 37% compared to the same period last year when startups raised $370 million across 60 rounds.

This is part of the company's Series D fundraise while the promoters are negotiating with a few other investors to mobilise another $10-20 million in primary deals.

Covid 19 pandemic has proven to be a pathbreaking moment for health insurance plans in India as it exposed the vulnerabilities and allowed the regulator to accelerate many reforms which were needed to address the many loopholes in the product and th...

Chennai-based fund expects final close by Sept, 2023 at $150-200 million

The domiciliary hospitalisation feature is especially useful now as many Covid-19 patients are being turned away by hospitals due to shortage of resources such as oxygen, medicines, beds etc.

Following the deal, the entire team of Leadup Universe, including its cofounders and investors, will join Board Infinity. However, the brands will be separately retained.

In his new role, Mehta will be responsible for driving new growth avenues for the firm's insurtech business model. He will chart the growth strategy, business plans and sales development frameworks, for achieving larger business goals of the company.

Gautam Bansal has worked at organisations like EY, InterContinental Hotels Group, Macquarie, Shuttl, to name a few. He has been associated with multiple financial advisory functions of companies, as well as start-ups operating in e-commerce, logisti...

Artivatic.AI is valued at $10 million while acquisition is done by a combination of cash payment and share-swap deals. Promoters of the AI-based start-up have received shares of RenewBuy, according to the chief executives of both the firms. The deal...

This comes close on the heels of a $45 million capital infusion led by Apis Partners and is part of the firm's third round of equity raising.

RenewBuy, an insurtech startup, will use the funding ​ from Apis Growth Fund II to scale technology, add more products and expand the digital network, according to a statement.

This is RenewBuy's third round of equity raising. The company plans to upgrade its technology capabilities to expand its customer base 10 times to around 25 million in the next five years. Policybazaar currently has over 11 million customers.

This would be the third capital infusion into the company. It had raised Rs 60 crore and Rs 120 crore in the previous two rounds.

RenewBuy's existing investor Amicus Capital also participated in the Series B round of funding.

Amicus Capital, an existing investor, has also participated in the Series-B round, which comes after the Gurugram-based company got about Rs 60 crore in funding in October 2017.

This is the second round of fund raising completed by the Gurgaon-based D2C Consulting, which owns and operates RenewBuy.