CCI approves the Proposed Merger of Girnar Finserv Private Limited; Girnar Insurance Brokers Private Limited; D2C Consulting Services Private Limited; RB Info Services Private Limited into Artivatic Data Labs Private Limited.

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....CI approves the Proposed Merger of Girnar Finserv Private Limited; Girnar Insurance Brokers Private Limited; D2C Consulting Services Private Limited; RB Info Services Private Limited into Artivatic Data Labs Private Limited.<BR>FEMA & RBI<BR>Dated:- 8-11-2025<BR><BR>The Competition Commission of India has approved the Proposed Merger of Girnar Finserv Private Limited; Girnar Insurance Brokers Priv....

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....ate Limited; D2C Consulting Services Private Limited; RB Info Services Private Limited into Artivatic Data Labs Private Limited. Girnar Finserv Private Limited&nbsp;(Girnar Finserv) is a private limited company and is controlled by Girnar Software Private Limited (GSPL). It offers marketing communication services in India. Girnar Insurance Brokers Private Limited&nbsp;(Girnar Insurance) is a pri....

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....vate limited company and also controlled by GSPL. It is involved in the distribution of various insurance products in India through its platform, Insurance Dekho. Insurance Dekho holds a composite broking license from the Insurance Regulatory and Development Authority of India (IRDAI). Girnar Software Private Limited&nbsp;(GSPL) is a private limited company. GSPL and its affiliates own and operat....

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....e various platforms including, Car Dekho, Bike Dekho, Tractor Dekho, Truck Dekho, Bicycle Dekho, Bus Dekho, and Battery Dekho, Rupyy, Car Dekho Auctions, Power Drift, Zig Wheels, Revv, College Dekho, Crack-Ed etc. D2C Insurance Broking Private Limited (D2C Insurance) is engaged in providing insurance brokerage services through online and offline channels and holds a license to act as a Direct Bro....

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....ker (Life & General Insurance) issued by IRDAI in accordance with IRDAI Broker Regulations. D2C Consulting Services Private Limited&nbsp;(D2C Consulting) is engaged in marketing and management&nbsp;consulting&nbsp;services. RB Info Services Private Limited&nbsp;(RB Info) is active in the sale of wellness products and acts as a direct selling agent for loans and credit cards. D2C Consulting, D2C ....

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....Insurance and&nbsp;RB&nbsp;Info operate the Renew Buy platform, which simplifies insurance and financial products and makes them accessible for customers through its digitally enabled advisors. Artivatic Data Labs Private Limited&nbsp;(Artivatic) provides insurance related IT services such as API&nbsp;based&nbsp;and SaaS solutions for underwriting and claim assistance. The proposed combination e....

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....nvisages that Girnar Finserv, Girnar Insurance, D2C Consulting and RB Info will merge into and ultimately be housed in Artivatic, pursuant to the Merger Framework Agreement executed on 12th&nbsp;May 2025 (MFA) (Proposed Combination). Detailed order of the Commission will follow.<BR> News - Press release - PIB....