CosmicTaco

InsuranceDekho and RenewBuy Merge to Form India's Second-Largest Insurance Aggregator

CosmicTaco · 2024-10-28T11:55:08.286755+05:30

- InsuranceDekho and RenewBuy are in advanced talks for a merger. - The combined entity will be valued at over ₹8,000 crore. - The deal will make it India's largest insurance marketplace after PolicyBazaar. - India is the world's fifth largest life insurance market, expected to reach $222 billion by 2026. - InsuranceDekho, founded in 2017, has over 6 million customers and offers over 380 products. Source: [Livemint](https://www.livemint.com/companies/start-ups/insurancedekho-renewbuy-in-talks-to-merge-to-create-indias-2nd-largest-insurance-aggregator-11730010627475.html)

InsuranceDekho and RenewBuy are in advanced talks for a merger.
The combined entity will be valued at over ₹8,000 crore.
The deal will make it India's largest insurance marketplace after PolicyBazaar.
India is the world's fifth largest life insurance market, expected to reach $222 billion by 2026.
InsuranceDekho, founded in 2017, has over 6 million customers and offers over 380 products.

Source: Livemint