Indian Insurtech firm RenewBuy secures $45m in Apis Partners-led Series C round
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Gurugram-based digital insurance platform RenewBuy, on Friday, announced raising $45 million in a Series C funding round led by UK-based investment manager Apis Partners.
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RenewBuy will use the funds to expand its footprint to 1,000 cities and insure 10 million customers by 2022.
The deal marks Amicus Capital’s first investment from its maiden fund.
India: Online auto insurance start-up RenewBuy raises $500k from Singapore’s Mount Nathan, others
