InsuranceDekho, RenewBuy Near Merger To Form India’s Second-largest Insurance Aggregator

InsuranceDekho and RenewBuy are nearing a merger to form India’s second-largest insurance aggregator, with a combined valuation expected to exceed $1 billion. The merger aims to consolidate their market positions and leverage synergies in technology, distribution, and customer service. Both companies have been expanding their footprints in the insurance sector, focusing on digital transformation and customer-centric solutions. The merger is expected to enhance their competitive edge and accelerate growth in the rapidly evolving insurtech landscape. The deal is in the final stages of negotiation, with regulatory approvals pending.