Acquisition · Financial Services

InsuranceDekho merges with RenewBuy to scale insurance distribution

By Startup Enthusiast · 1 September 2026

What they do

InsuranceDekho provides a digital platform for customers to compare, purchase, and renew various life, health, and vehicle insurance policies online

The company merged with RenewBuy to create India's largest AI-enabled insurance distribution platform, operating under the InsuranceDekho brand name

The combined entity serves over 6 lakh digital partners and covers nearly all Indian pin codes with a premium book exceeding Rs 6,600 crore

InsuranceDekho and RenewBuy have officially merged to form a unified insurance distribution platform.
The combined business will operate exclusively under the InsuranceDekho brand name.
Ankit Agrawal will lead the new entity as the Founder and CEO.
The merger aims to build an AI-first platform that combines distribution scale with advanced technology.
The immediate priority for the leadership team is the disciplined execution and integration of both organizations.

The merger combines InsuranceDekho's strong presence in northern and western India with RenewBuy's established footprint in the south.
This consolidation creates a pan-India network that reaches 98.57% of all pin codes in the country.
The entity is now the largest insurance distribution platform by POSP-driven premium generated.

InsuranceDekho allows users to compare and buy health, life, term, car, and bike insurance policies.
The platform also offers corporate insurance, family health plans, and guaranteed return insurance products.
Customers can complete the entire policy issuance process online in approximately 5 minutes.
The company maintains a dedicated support team available from Monday to Saturday.
The platform has served over 145,000 claims since its inception.
The service is highly rated by users, maintaining a 4.7 rating on Google.

The company plans to focus on the seamless integration of both business operations.
Leadership aims to leverage the combined technology stack to improve the insurance distribution flywheel.

Product: An online insurance platform for comparing and buying policies across major categories
Customers: Consumers buying insurance, with insurers and distribution partners paying for access and distribution
How it makes money: Earns commissions and distribution revenue from policies sold through its platform and partner network
What sets it apart: Large AI-enabled distribution network with nationwide partner coverage and a broad insurer base
Operations: Operates through digital partners and point-of-sale agents across India