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The IPO preparations come as InsuranceDekho continues to work on its merger with insurance distribution platform RenewBuy.
CarDekho-parent Girnar Group’s four entities will be merged into Artivatic Data Labs, an AI-focussed insurtech startup RenewBuy acquired in 2022.
InsuranceDekho's revenue from operations surged to Rs 743.6 crore for the fiscal year, ending March 2024 from Rs 96.5 crore reported in the previous fiscal.
This announcement follows InsuranceDekho’s recent acquisition of a composite insurance broking license from IRDAI.
