RenewBuy

Online Insurance Platform
Gurugram, IN
1000-10000
Online Insurance Platform
Highlights


$84.4 million
Total Funding
Employee Growth
Time to Revert
Median Time to Shortlist
Median Time to Interview
No. of female employees
Total Funding
$84 M
Latest Funding
$ M
Series C Aug 2021
Founders

Devesh Joshi

Co-Founder and Head of Marketing

Harman Preet Singh

Co-Founder & Head OEM Business

Investors

Evolvence India Fund
Lok Capital
Mount Nathan Advisors
IIFL Asset Management
Also Investor At:
CleverTap ,
Swiggy ,
Ola Electric
Apis Partners
Also Investor At:
Cashfree ,
Hero Fincorp

About

RenewBuy, the 2nd largest and the fastest-growing Insure-Tech player in India, is a B2B2C model backed by its proprietary technology platform that enables our trained POSP/advisors to offer insurance products to its customers.

Launched in 2015, the company has branches across 50+ offices with a strong alliance of 2k+ employees and 35+ insurers across motor, health, life, and travel insurance categories.

The approach has been to completely digitize the consumer journey using Agent led digital insurance model.

RenewBuy is looking to widen its product offering with end-to-end product life cycle solutions. We are working to revolutionize the way insurance is bought in India by offering every customer a touchpoint with its partners.

In pursuit of its growth strategies, besides pursuing existing levers of growth, RenewBuy plans to extend its
insurance platform to other similar international markets shortly.

Perks and Benefits at RenewBuy

  • 20% is variable bonus. Plus, 50% in first appraisal cycle, 50% in the second appraisal along with bonus on Prorate basis
  • ESOPs due after a tenure of one year according to performance evaluation
  • Joining bonus due within the first month
  • Group and accidental insurances are covered along with banking support
  • 35 to 36 leaves in a year, SL is 8 to 9

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