- No. of Employees1082
- Founded Year 2015
- Company StagePrivate Limited Company
- Total Funding₹1,025.79 Cr
- Industry
- Headquarter
- Company StatusActive
RenewBuy was started by Indraneel Chatterjee and Balachander Sekhar in 2015. Their business works on a B2B2C model which is backed by its proprietary technology platform (App & Web platform) that enables their trained POSP (point of sale person)/ advisor to offer insurance products to its customers. RenewBuy works on a digital agent model, which provides transparency and offers instant insurance for lower prices from multiple options. With a strong network of over 60,000 POSP’s/advisors spread across 650+ cities, With a vision to solve the under penetration in the insurance sector. RenewBuy is branched across 50+ offices with a total employee strength of 1800+ and works with over 35+ insurers across motor, health, life and travel insurance categories.
Insurtech startup RenewBuy, enables retail customers to buy motor, health, and life insurance products. Users can select from a choice of insurers, compare prices and features and receive advice from trained, certified point-of-sale people who educate and support retail customers during every step of their journey.
- Apis Growth, Balachander Sekhar, Dai-ichi Life Holdings Inc, Amicus Capital, IIFL India, Lok Capital