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

  • 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

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