Balachander Sekhar, Founder of RenewBuy

About Balachander Sekhar

Balachander Sekhar is the Co-founder and CEO of RenewBuy, a Gurugram-based company founded in 2015. RenewBuy offers health, motor, and life insurance through its extensive point-of-sale agent network. The company has raised significant funding, including a USD 40 million Series D round in July 2023 from Dai-ichi Life Holdings, and recently secured USD 10 million from existing investors Apis Partners and 360 One. RenewBuy reported revenue of Rs 410 crore in FY24.

Balachander Sekhar at a glance

• Company: RenewBuy
• Total raised: $70M
• Latest round: Series D
• Investors: Dai-ichi Life Holdings, Apis Partners, 360 One
• Location: Gurugram, India

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