Insurtech firm Renewbuy bags $10 million from Apis, 360 One

June 20, 2025

, By The Economic Times

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Insurance broking startup ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/renewbuy” target=”_blank”>Renewbuy has secured $10 million (about Rs 86 crore) in a funding round from existing investors, London-based ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/apis-partners” target=”_blank”>Apis Partners and 360 One (previously IIFL Wealth), according to people with knowledge of the matter.

It comes at a time when the Gurgaon-based insurance startup is in the process of merging with rival insurance broker InsuranceDekho.

“These funds will help in business development till the time the merger gets closed,” said one of the persons, who did not wish to be identified.

Renewbuy did not respond to queries…

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Insurtech firm Renewbuy bags $10 million from Apis, 360 One

June 20, 2025

, Published By The Economic Times

Insurance broking startup ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/renewbuy” target=”_blank”>Renewbuy has secured $10 million (about Rs 86 crore) in a funding round from existing investors, London-based ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/apis-partners” target=”_blank”>Apis Partners and 360 One (previously IIFL Wealth), according to people with knowledge of the matter.

It comes at a time when the Gurgaon-based insurance startup is in the process of merging with rival insurance broker InsuranceDekho.

“These funds will help in business development till the time the merger gets closed,” said one of the persons, who did not wish to be identified.

Renewbuy did not respond to queries…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Applied Materials says Bengaluru chipmaking centre to rake in $2 billion

Next News

Fresh exits at Krutrim as company ramps up work on AI models and semicon chips

The Economic Times

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