RenewBuy Raises $9.2M to Expand to New Products

Gurgaon-based auto insurance aggregator RenewBuy announced it has raised $9.2M from Amicus Capital, bringing its total funding to date to $10.7M . The cash injection will be used to expand to new geographies and add new products including: health, accident and term life.

The startup, established in 2015, employs 55 peeps and is working with Bajaj Allianz, TATA AIG, and Bharti AXA (to name three) to offer folks in India a car insurance comparison service. Look

Also, according to its LinkedIn page, it’s working on a “disruptive new mobile based technology for all existing car & bike owners of the country.” Bottom Line: 200,000 customers and growing.

PS. Recall India-based insurance aggregators here: