PDS, SAM, Jerome, JSA act on RenewBuy 130 crore fund raise from Lok Capital and IIFL

Bar & Bench July 4 2019
RenewBuy 130 crore fund raise from Lok Capital and IIFL

Digital insurance company RenewBuy has raised Rs 130 crore in its latest round of equity financing, led by venture capital firm Lok Capital and IIFL Asset Management, an investment unit of financial services company IIFL Holdings.

Amicus Capital, an existing investor, has also participated in the Series-B round.

PDS Legal advised RenewBuy and the team was led by Partner Probal Bhaduri and involved Director Nidhi Arora, Senior Associate, Shilpa Margaret Ekka, and Associate Tanisha Gupta . . .

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