Dealstreet

JSA, PDS act on Amicus Capital 60 crore investment in RenewBuy

Bar & Bench

Amicus Capital has struck its maiden deal, having invested Rs. 60 crore in online insurance aggregator RenewBuy.

PDS Legal advised RenewBuy and the team was led by Partner Probal Bhaduri along with Associate, Shilpa Margaret Ekka.

J. Sagar Associates acted for Amicus Capital and the team included Partners Vikram Raghani and  Anand Lakra along with Associates Avinash Jethwani, Roshni Rathi, Guneet Singh Chadha and Nidhi Juthani.

This is the second round of fund raising completed by the Gurgaon-based D2C Consulting, which owns and operates RenewBuy.

The company had earlier received about $2.5 million in its Series A, which was led by Singapore-based Mount Nathan Advisors, and an undisclosed number of high net worth individuals, reported ET.

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