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PDS advises RenewBuy on $19m Series B from JMP, SAM, JSA clients

Lok Capital, IIFL Wealth invest ₹130 cr in digital insurer RenewBuy.com. The digital insurance disruptor has raised ₹130 crore ($19 million) in a Series B funding round led by venture capital firm Lok Capital and IIFL Asset Management.
The Economic Times

PDS Legal advised RenewBuy.com, led by partner Probal Bhaduri along with principal associate Nidhi Arora, senior associate Shilpa M Ekka and associate Tanisha Gupta.

Jerome Merchant and Partners advised IIFL Private Equity led by a team of partner Sameer Sibal along with associates Nirav Bakshi and Rishabh Gupta.

Shardul Amarchand Mangaldas Delhi advised Lok Capital, partner Visruta Kaul along with senior associate Pratyush Singh and associate Sonali Bhardawaj.

J Sagar Associates (JSA) Mumbai advised Amicus Capital, with partner Anand Lakra and senior associate Abhilash Chandran.

Deal value: USD 19 million (INR 130 crores)

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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