DSK Legal, EVA Law, Khaitan & Co, CAM, CMS IndusLaw, TT&A and Bharucha & Partners advised on the InsuranceDekho and RenewBuy merger.
InsuranceDekho and RenewBuy are merging in an approximately USD 1 billion transaction to create India’s largest AI-enabled insurance distribution platform by POSP-driven premium, FY2026. The transaction represents a significant consolidation in India’s rapidly evolving insurtech and insurance distribution landscape.
The combined platform has a premium book exceeding INR 6,600 crore, a network of over 600,000 digital partners and coverage across 98.57% of India’s pin codes. The combination brings together InsuranceDekho’s strong presence across northern and western India with RenewBuy’s established footprint in southern India, creating a pan-India platform with an AI-first technology stack and access to over 750 insurance products across 52 insurers.
DSK Legal advised InsuranceDekho on the key corporate, structuring, regulatory and transaction documentation aspects of the transaction.
The transaction team comprised Associate Partner Rangam Sharma, Associate Aditya Shah and Associate Anushka Kashyap.
Partner Niraj Kumar provided strategic inputs on the deal.
EVA Law acted as legal advisors for RenewBuy.
Khaitan & Co acted as legal advisors for TVS.
Cyril Amarchand Mangaldas acted as legal advisors for Goldman Sachs.
CMS IndusLaw acted as legal advisors for Eurazeo.
Talwar Thakore & Associates (TT&A) acted as legal advisors for MUFG.
Bharucha & Partners acted as legal advisors for CarDekho.
