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RenewBuys pares FY24 losses by 40% amid merger reports

  • D2C Consulting Services, the parent company of RenewBuy, reduced its losses by 42% to Rs 114.44 crore in FY24.
  • RenewBuy, an online insurance aggregator, saw a 40% increase in operating revenue to Rs 394.40 crore in FY24.
  • D2C Consulting Services is in talks with InsuranceDekho for a potential merger, valued over Rs 8,000 crore.
  • RenewBuy, valued at Rs 3,000 crore, plans to expand beyond India into Asian markets.

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