InnoVen, Stride invest in RenewBuy and India deals worth $127m

Funding Rounds

▤ Summary

Insurtech startup RenewBuy has raised about $8.3 million (Rs 68 crore) in debt funding from InnoVen Capital and Stride Ventures.According to a report in Entrackr, the board at Renewbuy has passed a special resolution to issue 6,000 non-convertible debentures(NCDs) at an issue price of Rs 1,00,000 each and 11,910 CCPS at an issue price of Rs 6,733 per share to raise the amount. Stride and InnoVen injected Rs 34 crore each in this round.

$ Funding

Review available funding amount, funding date, investors, and linked company information related to InnoVen, Stride invest in RenewBuy and India deals worth $127m in the interactive ISVWorld profile.

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