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RenewBuy to Raise $1.5 million from Investment and Advisory Firm Mount Nathan

by Chinmay Bidkar
August 10, 2016
in News
Reading Time: 1 min read
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RenewBuy to Raise $1.5 million from Investment and Advisory Firm Mount Nathan

Image- renewbuy.com

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Image- renewbuy.com
Image- renewbuy.com

 

10 August 2016, India:

Web based motor insurance platform ReNewBuy plans to raise $1.5 million in its next round of funding to finance its future growth. It is a platform with more than 7,000 car and bike insurance policies monthly, is in talks with Singapore-based Mount Nathan.

Mount Nathan is an investment and advisory firm with interest in financial services business. They had earlier invested in Sanctum Wealth, which bought out the Wealth Management business of RBS in India.

RenewBuy is an auto insurance specialists. Backed proprietary technology, it is getting established as India’s premier online auto insurance comparison platform. The company has designed a strong backend technology integration with leading insurance companies. The technology enables consumers to find lowest quotes from leading insurers and save up to 60% on their renewal premium.

 

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Tags: advisory firmauto insuranceinvestment firmMount NathanRenewbuy
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Chinmay Bidkar

Curious, Keen Observant & Dynamic! Chinmay finds peace in meeting people who work hard for humanity. He has new found interest in Gadgets and Techs and at Techstory he gets to write about it! Reach out at- [email protected]

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