RenewBuys pares FY24 losses by 40% amid merger reports

Quick Summary:

D2C Consulting Services, the parent company of RenewBuy, is reportedly in talks with InsuranceDekho for a potential merger in a cash-and-stock deal.

The startup was founded in 2016 by Balachander Sekhar and Indraneel Chatterjee.

RenewBuy plans to expand beyond India, especially in the Asian markets.

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Article Details

Author / Journalist: Akshita Toshniwal

Category: StartupsEconomyBusiness

Markets: India

Topics: Startup Policy Consulting Services Data Valued Renewbuy Insurance Privacy Merger Crore

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 09:21:55 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 249 words

Reading Time: 2 minutes read

Sentences: 19 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 23459518

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 16 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

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