Date | Title | Description |
21.10.2024 | PB Fintech subsidiary gets RBI nod to commence ‘Account Aggregator’ business | PB Fintech said on Monday that the Reserve Bank of India (RBI) has granted ‘Certificate of Registration’ (CoR) to its wholly-owned subsidiary PB Financial Account Aggregators Private Ltd to commence ‘Account Aggregator’ business.
The wholly... |
19.10.2024 | Celebrating Innovation: The Chiratae Ventures Patrick J. McGovern Awards | In the heart of Silicon Valley, where innovation meets ambition, the Chiratae Ventures Patrick J. McGovern Awards recently celebrated three titans of the tech industry. Shantanu Narayen, CEO of Adobe, Narayana Murthy, founder of Infosys, an... |
17.10.2024 | Chiratae Ventures Honors Adobe CEO, Shantanu Narayen, Infosys Founder, Narayana Murthy and Postman CEO and Founder, Abhinav Asthana with the Patrick J. McGovern Awards | MR Rangaswami, Indiaspora, Shantanu Narayen, Adobe, Dr. Srikar Reddy, Indian Consul General, Pat McGovern III, The Patrick J. McGovern Foundation, Sudhir Sethi, Chiratae Ventures
The global VC fund Chiratae Ventures announced today that Ado... |
15.10.2024 | Mamaearth’s Chief Product & Technology Officer Jayant Chauhan Quits | SUMMARY
Jayant Chauhan, who joined Honasa in November 2020, will be serving his last day on November 30
Before joining Honasa, Chauhan served as the CPO of fintech major PB Fintech's PolicyBazaar. In his nearly two-decade-long career, he ha... |
09.10.2024 | Chiratae Ventures Honors Adobe CEO Shantanu Narayen, Infosys Founder Narayana Murthy, and Postman CEO and Founder Abhinav Asthana with the Patrick J. McGovern Awards | SAN FRANCISCO–(BUSINESS WIRE)–October 9, 2024–
The global VC fund Chiratae Ventures announced today that Adobe CEO Shantanu Narayen received the Global Lifetime Achievement Award on September 16, 2024, during an awards dinner in Palo Alto a... |
11.09.2024 | Playbook Partners announced $250 M growth capital fund’s first close | With the successful completion of its first close, growth capital firm Playbook Partners raised over $130 million from international investors in the US, Europe, the Middle East, and India.
With the green shoe option, the fund has the poten... |
10.09.2024 | Playbook Partners: A New Force in India's Growth Capital Landscape | In the bustling world of investment, Playbook Partners has emerged as a significant player. The firm recently announced the first close of its inaugural fund, raising over $130 million in just four months. This rapid success is a testament ... |
10.09.2024 | Playbook Partners marks first close of maiden fund | Vikas Choudhury, founder, Playbook Partners
Playbook Partners, a growth-stage focused investment firm set up by founding partner of Pivot ventures Vikas Choudhury, has marked the first close of its maiden fund launched earlier this year.
Th... |
10.09.2024 | Playbook Partners Raises USD 130 Mn in First Close, Eyes USD 250 Mn Target The funds have been raised through established global investors from Europe, the US, the Middle East, and India. With the gre... | Growth Capital (GC) firm Playbook Partners has marked the first close of over USD 130 million within just four months. The funds have been raised through established global investors from Europe, the US, the Middle East, and India.
With the... |
21.08.2024 | Policybazaar for Business and Paramount Health TPA Introduce '15-Minute Express Discharge' for Employee Cashless Claims | Gurugram, Haryana, India
In an attempt to resolve the longstanding employee/customer concern of the wait time between a doctor confirming that they can get discharged to finally being released from hospital at the point of cashless claims, ... |
06.08.2024 | PB Fintech Q1: Net Profit At INR 60 Cr, Revenue Jumps 52% YoY | SUMMARY
The parent company of insurtech platform Policybazaar had reported a net loss of INR 11.9 Cr in the year-ago quarter
PB Fintech, which turned profitable in Q3 FY24, posted a profit of INR 60.2 Cr in Q4 FY24
Operating revenue rose 51... |
30.07.2024 | Ola Electric’s IPO to be launched on August 2 | The electric mobility company Ola Electric revealed that the issue will open to the public on August 2 and close on August 6, with the anchor book for the offering scheduled to launch on August 1.
Ola Electric filed the DRHP to raise Rs 5,5... |
25.07.2024 | The Luxury Housing Boom: A New Era for Delhi-NCR**
** | ** The luxury housing market in Delhi-NCR is on fire. In the first half of 2024, sales surged by 27%. This is not just a blip; it’s a trend. The affluent are buying, and they are buying big. Homes priced at Rs 4 crore and above are flying o... |
19.07.2024 | TOI Launches 'Right To Excellence - Senior Well-being Summit' to Enhance Elderly Living | New Delhi, Delhi, India
A recent report by real estate consulting firm CBRE estimates that India, currently one of the world's youngest countries, will house 17% of the global elderly population by 2050. As India's senior citizen demographi... |
15.07.2024 | Deepinder Goyal’s stake in Zomato surpasses $1 B; joins billionaire club | Zomato’s founder and CEO, Deepinder Goyal, became a billionaire when the value of his shares in the foodtech company topped Rs 8,400 crore.
With this, Goyal becomes the latest in a line of businessmen who have achieved a comparable peak in ... |
15.07.2024 | Deepinder Goyal enters billionaire club as his holding in Zomato crosses $1 Bn worth | Deepinder Goyal, founder and CEO of Zomato, has entered the billionaire dollar club as the value of his holdings in the foodtech firm surpassed Rs 8,400 crore.
With this, Goyal joins the ranks of Sachin and Binny Bansal, Nikhil and Nitin Ka... |
15.07.2024 | PBPartners Celebrates 3 Years of Exceptional Offline Services, Expands Insurance Access to 1,200+ Cities with 1.2 Lac Certified Agent Partners | Gurugram, Haryana, India
PBPartners, Policybazaar’s PoSP arm, proudly celebrates its 3rd anniversary, reflecting on 3 years of dedicated offline service and its impact on the lives of agent partners and customers alike. PBPartners has achie... |
09.06.2024 | New-Age Tech Stocks Rally In Volatile Election Result Week, Nazara Emerges Top Gainer | SUMMARY
After a slump on the vote counting day on Tuesday (June 4), 17 out of the 23 new-age stocks under Inc42’s coverage gained this week in a range of 0.3% to over 15%
Shares of PB Fintech, EaseMyTrip, and Yatra declined marginally this ... |
05.06.2024 | A realm full of opportunity and test Among the countries considered to be hotbeds for startups, India consistently makes the top ten; much of it has to do with the policy-making and cultural shifts th... | - |
01.06.2024 | Policybazaar Parent Allots 48.30 Lakh ESOPs | SUMMARY
PB Fintech has allotted 4,830,740 new shares under Employee Stock Option Plan
The new shares were issued with a face value of INR 2 each under PB Fintech Employees Stock Option Plan 2021 to eligible members
PB Fitech’s stock surged ... |
31.05.2024 | One Year since Brand Launch, Policybazaar for Business Records 40% Overall Premium Growth | Gurugram, Haryana, India
Policybazaar for Business (PBFB)*, just one year after its launch, announces its achievements in reshaping the landscape of business insurance in India. In the past year, PBFB has demonstrated an exceptional growth ... |
21.05.2024 | Big IPOs seen making a comeback in India after boom in smaller offerings | - |
02.05.2024 | India's IPO market set to break May jinx in Lok Sabha election year | - |
29.04.2024 | VC Funding to Indian Fintech Companies Drops 57.6% YoY | - |
17.04.2024 | Wider social security net on cards for unorganised sector workers | - |
10.04.2024 | Gold can rise 5% to Rs 75,000; Silver by 2.5% to Rs 85,000, charts suggest | Commodities such as Gold and Silver have rallied sharply in the last two weeks amid rise in geopolitical crisis and hopes of interest rate cut in the US.
Gold futures in the international market, rallied from $2,170 per ounce to $2,384 per ... |
09.04.2024 | HDFC Bank Misses MSCI Threshold by a Hair's Breadth | HDFC Bank's foreign legroom inches close to the MSCI threshold but falls short by a mere 5 basis points, causing a ripple in the investment world. The potential for further selling this quarter could lead to a weight-up adjustment in the up... |
09.04.2024 | Shares Of Zomato, PB Fintech Continue Their Rising Streaks | SUMMARY
Shares of PB Fintech surged 3.4% to touch INR 1,329.95 on the BSE during the intraday trading on Tuesday, slowly getting closer to its listing price of INR 1,500.
While Zomato ended today’s session 1% higher at an all-time high clos... |
08.04.2024 | Women-specific health insurance policy is not worth your money: Here's why | Are you planning to buy a women-specific health insurance cover? Consider choosing a general health insurance plan that includes maternity benefits instead. Adding a separate maternity cover can significantly raise your annual premiums thro... |
05.04.2024 | Why Global Investors are Looking to Invest in Indian Startups Investment in India is being driven by a confluence of factors, including educated young talent, cheap data availability, digital infrastr... | - |
01.04.2024 | Indian term insurance is being favoured by NRIs. Here is why | There has been a surge in non-resident Indians (NRIs) opting for term insurance from India doe to the ease, affordability, and accessibility offered by the Indian insurance market, according to Policybazaar, India's leading online insurance... |
30.03.2024 | Affordability, customisation and convenience: Term plans from India become more attractive and accessible for NRIs | Term insurance from India emerges as preferred choice for NRIs seeking affordability and convenience
SINGAPORE, March 30, 2024 /PRNewswire/ -- Policybazaar, India's leading online insurance marketplace, is witnessing a significant increase ... |
18.03.2024 | 40% surge in health insurance coverage among women: What data reveals | Often, women focus so much on caring for others that they overlook their own health. It's crucial for every woman, whether she's single, a stay-at-home mom, married, or working, to have proper insurance coverage. This is not just about safe... |
18.03.2024 | Buying health insurance? Here's how the extended free-look period works | Sonam, an IT professional, decided to buy a comprehensive health insurance policy for herself and her family. Given the rising medical costs, she felt it was of utmost importance. She did her research and consulted an advisor before she fin... |
15.03.2024 | NPS investment and luxury dinnerware: Top personal finance stories | Equity funds belonging to the National Pension System (NPS) have turned in a remarkable performance over the past year, outperforming the Nifty 50 index. The performance of corporate funds and government securities funds has been in line wi... |
13.03.2024 | Omnichannel Strategy Strong on Policybazaar's Mind: Yashish Dahiya With insurance having traditionally been a physical meet-and-greet industry, the new players are nailing the tech side, but know the ... | - |
12.03.2024 | Medical inflation driving up ticket sizes for retail health insurers | The average ticket size of retail health insurance in India has increased by nearly 48 per cent over 6 years due to elevated medical inflation and increased demand for higher coverage policies among policyholders.
According to data by onlin... |
07.03.2024 | Keep records, communicate: Dealing with unclaimed insurance policies | A life insurance policy sold through an agent has a higher unclaimed fund rate than one sold through another channel like bancassurance or a digital platform, Business Standard reported recently.
"Unclaimed life insurance funds are the... |
15.02.2024 | Policybazaar for Business Welcomes Three Esteemed Industry Leaders to its Advisory Board | Gurugram, Haryana, India
Policybazaar for Business, a rapidly-growing brand dedicated to addressing the insurance needs of Indian businesses, is pleased to announce the addition of three distinguished members to its advisory board: Dinesh W... |
05.02.2024 | Temasek exits Policybazaar investment for $290m | InvestmentsNewsStartups
Samreen Ahmad · 5 Feb 2024 · 1 min readTemasek exits Policybazaar investment for $290m
Policybazaar co-founder and CEO Yashish Dahiya / Photo credit: PolicyBazaar
Temasek has exited its investment in India-based PB F... |
04.10.2023 | Policybazaar's Claim Samadhaan Diwas Strengthens Customer Trust in Insurance Across India | Gurugram, Haryana, India
Policybazaar, one of India's leading Insurance Platforms, has launched an innovative program – Claim Samadhaan Diwas – to assist customers struggling with unresolved Health Insurance claims. This flagship initiative... |
02.08.2023 | Policybazaar for Business Onboards Insurance Industry Veteran Ajit Kumar to its Advisory Board | Gurugram, Haryana, India
Policybazaar, India's leading insurance broker, earlier this year launched ‘Policybazaar for Business’, its rapidly growing new brand that caters to insurance needs across Indian businesses. It is the brand’s deep u... |
12.07.2023 | Policybazaar Makes the Ultimate Dream of Owning One's Own House a Reality with the Successful Completion of Jeeto Apna Ghar 3.0 | Gurugram, Haryana, India
Amid overwhelmingly positive employee feedback, Policybazaar last week concluded Season 3 of Jeeto Apna Ghar (JAG), an award-winning employee-focused initiative. The contest is a testament to Policybazaar’s consiste... |
27.04.2023 | Policybazaar Strengthens its Commitment to Corporate Insurance with 'Policybazaar for Business' | Gurugram, Haryana, India
Policybazaar, one of India's leading insurance brokers, has become a household name over the past 15 years. The brand has revolutionized how retail insurance is bought and has become synonymous with trust and transp... |
09.02.2023 | New Era of Insurance for the New-age Consumer: Presenting Policybazaar's Unique Health, Wealth and Life Solution | Gurugram, Haryana, India
Keeping up with the evolving consumer needs, Policybazaar brings together its insurer partners to offer its customers a unique combination of health insurance, wealth creation and life cover. Policybazaar identified... |
10.11.2022 | Now, Save up on Premium with Pay As You Go Car Insurance Plans Available on Policybazaar.com | Gurgaon, Haryana, India
Policybazaar.com, through its insurer partners Reliance General Insurance, Kotak General Insurance, and GoDigit General Insurance, now offers exciting Pay As You Go car insurance plans on its website. The Pay As You ... |
12.10.2022 | Policybazaar's PBPartners Launches its Mobile App to Help Advisors Digitize their Insurance Business | Gurgaon, Haryana, India
PBPartners, the PoSP brand of Policybazaar.com, launches its mobile app to facilitate the ease of insurance business for its agent partners. PBPartners is one of India’s top B2B2C Insurtech platforms and the PBPartne... |
03.10.2022 | Policybazaar under its Vision Statement 'Har Family Hogi Insured' Partners with Insurance Companies to Introduce a New Category of Term Plans "Zero Cost Term Insurance" | Gurgaon, Haryana, India
Policybazaar has partnered with leading Life Insurance Companies to launch a new category of Term plan under which the policyholder has the option to submit the Term plan post-retirement when his or her financial obl... |
05.09.2022 | Reliance General Insurance and Policybazaar Come Together to Make Reliance Health Gain Policy Live for Customers | Mumbai, Maharashtra, India
Reliance General Insurance, one of India’s leading General Insurance companies, today announced the launch of one of its most flexible and popular products - Reliance Health Gain Policy - on Policybazaar’s online ... |
28.07.2022 | Aditya Birla Health Insurance and Policybazaar.com Announce the Launch of OPD Add-on Cover with Zero Waiting Period | Mumbai, Maharashtra, India
Cover Offers unlimited physical outpatient consultation to address customer’s health and wellness, with premiums starting at Rs. 599 per insured
Cover available from Day 1, Waiting Period not applicable.
Aditya Bi... |
25.07.2022 | Policybazaar's IT systems 'hacked', informs authorities | Team TC 25 Jul, 2022
Insurance brokerage firm Policybazaar has revealed that it has identified certain vulnerabilities in its IT systems and the same were subject to "illegal and unauthorised access".
PB Fintech, the holding firm ... |
11.07.2022 | Policybazaar Reaffirms Commitment to Employees with Season 2 of 'Jeeto Apna Ghar' Contest | Gurugram, Haryana, India
Policybazaar, India's largest online insurance marketplace, recently concluded Season 2 of its award-winning employee engagement contest, Jeeto Apna Ghar (JAG). Launched last year, this contest gives Policybazaar’s ... |
23.06.2022 | Max Life and Policybazaar Come together to Launch 'Smart Fixed-return Digital Plan, a Short-term Online LI Savings Plan for Millennials | New Delhi, Delhi, India
Offers guaranteed1 tax-free returns while ensuring life cover via simplified online on-boarding
Max Life Insurance Company Ltd. (“Max Life” / “Company”), has launched the ‘Max Life Smart Fixed-return Digital Plan’+ (... |
15.06.2022 | Term Insurance Becomes More Accessible to NRIs with Telemedical Check-ups | Gurugram, Haryana, India
Geographical boundaries are no longer a barrier for NRI customers who are willing to buy term insurance plans in India. They can now easily opt for plans in India that allow them to schedule a video or telemedical c... |
26.05.2022 | Former Policybazaar backer Inventus launches $120-million fund, rebrands itself as Athera | Representative image
Early-stage venture capital (VC) firm Inventus Advisory Services, one of Policybazaar’s first backers, which got a blockbuster exit when the fintech unicorn got listed on the exchanges last year, has launched its fourth... |
07.04.2022 | Policybazaar, IISc Come Together to Develop Automated Speech Recognition Algorithms to Effectively Address Consumer Needs | Gurugram, Haryana, India
Policybazaar, one of India’s leading online market places for insurance, has collaborated with the Indian Institute of Science to work together on Automated Speech Recognition algorithms to enhance customer experien... |
15.02.2022 | Policybazaar Launches AI-enabled WhatsApp bot for Smooth Claim Settlement in Group Health Insurance | Gurgaon, Haryana, India
Policybazaar, one of India’s largest online marketplace for insurance, has launched its AI-enabled WhatsApp chatbot to automate and expedite the claim settlement process for all its corporate clients. The feature is ... |
27.01.2022 | Max Life and Policybazaar Come Together to Enhance Homemakers' Financial Protection with Independent Term Insurance Policy | New Delhi, Delhi, India
Max Life Insurance Co. Ltd. (“Max Life”/ “Company”), announces protection offering for Indian homemakers by extending its Max Life Smart Secure Plus Plan* (UIN: 104N118V02), a Non-Linked Non-Participating Individual ... |
16.11.2021 | Policybazaar extends gain by another 11.6%, closes at Rs 1,342 | Shares of PB Fintech, the company that operates online insurance marketplace Policybazaar, rose another 11.6 per cent to close at Rs 1,342 on Tuesday. A day earlier, the stock had climbed 23 per cent during its stock market debut. The stock... |
30.10.2021 | Policybazaar raises Rs 2,569 cr from anchor investors at Rs 980 per share | PB Fintech, the parent company of online insurance aggregator Policybazaar, has mopped up Rs 2,569 crore through allocation to anchor investors. The company said in a BSE filing late on Friday that the anchor investor (AIs) portion in the p... |
30.10.2021 | Policybazaar raises Rs 2,569 cr from anchor investors at Rs 980 per share | - |
20.10.2021 | Policybazaar's Parent Firm, Gets Sebi Approval For Rs 6,017-Cr IPO | |
20.10.2021 | Policybazaar's parent firm PB Fintech gets Sebi nod for Rs 6,017-cr IPO | PB Fintech Ltd, which operates online insurance platform Policybazaar and credit comparison portal Paisabazaar, has received capital markets regulator Sebi's approval to raise Rs 6,017.50 crore through an initial share-sale.
The initial pub... |
12.08.2021 | PolicyBazaar’s CEO Yashish Dahiya took home about ₹3 crore — here’s a look at other top paid execs at the fintech startup headed for IPO | PolicyBazaar’s parent company PB Fintech has filed for its much-awaited IPO earlier today.
The company’s cofounders, Yashish Dhaiya and Alok Bansal, cumulatively earned about ₹5 crore in the year ending March 2021.
It has also appointed 5 i... |
06.08.2021 | PolicyBazaar investor Chiratae closes another fund at $337 million, with three portfolio startups ready to go public | Chiratae plans to invest in 50 startups with this fund over the next couple of years.
It will look to make bets in 20 startups annually, working across seed stage to late stage.
Chiratae is also an investor in PolicyBazaar, which has recent... |
03.08.2021 | SoftBank-backed Policybazaar files draft prospectus for USD 810 million IPO | The parent company of the online insurance marketplace Policybazaar and lending platform Paisabazaar has filed papers for an INR 60.17 billion (USD 810 million) initial public offering with Indian market regulator SEBI.
The offer comprises ... |
02.08.2021 | Insurance aggregator PolicyBazaar files DRHP for $800 mn-plus IPO | Joseph Rai Ankit Agarwal 2 Aug, 2021
PolicyBazaar on Monday filed draft papers for an initial public offering (IPO) of up to Rs 6017.5 crore ($811.3 million) with markets regulator Securities and Exchange Board of India (SEBI). The online i... |
02.08.2021 | SoftBank : backed Indian insurance startup Policybazaar files for $810 mln IPO | BENGALURU, Aug 2 (Reuters) - SoftBank Group-backed online insurance aggregator Policybazaar has filed for an initial public offering of up to 60.18 billion rupees ($809.36 million), joining a string of Indian startups that have tapped capit... |
02.08.2021 | SoftBank-backed insurance aggregator Policybazaar files for $810 million IPO | SoftBank Group-backed online insurance aggregator Policybazaar has filed for an initial public offering of up to 60.18 billion rupees ($809.36 million), joining a string of Indian startups that have tapped capital markets in recent months.
... |
02.08.2021 | Indian insurance startup Policybazaar files for $810 million IPO | Policybazaar Policybazaar
Founded: 2008
Headquarters: Gurgaon, India
Total Funding: $766.6M
See full company profile "> , a SoftBank-backed insurance aggregator, has filed for an initial public offering (IPO) for up to 60.18 billion... |
02.08.2021 | SoftBank-backed Indian insurance startup Policybazaar files for US$810 million IPO | BENGALURU -SoftBank Group-backed online insurance aggregator Policybazaar has filed for an initial public offering of up to 60.18 billion rupees (US$809.36 million), joining a string of Indian startups that have tapped capital markets in re... |
02.08.2021 | SoftBank-backed Indian insurance startup Policybazaar files for $810 million IPO | Indian food-delivery firm Zomato had a stellar public debut last month, while fintech firm Paytm has filed for a listing as markets hover at record highs and cash-laden investors hunt for firms likely to benefit in the post-pandemic world.
... |
02.08.2021 | Policybazaar files DRHP for ₹6,017.5 crore IPO | Comprises fresh issue of equity worth ₹3,750 crore and an offer for sale of ₹2,267.50 crore by existing shareholders and promoters
PB Fintech Ltd, parent of India’s largest online insurance aggregator Policybazaar, has filed draft papers wi... |
21.07.2021 | Policybazaar board approves Rs 6,500 cr fundraise via IPO | Binu Paul 21 Jul, 2021
Online insurance aggregator Policybazaar has received the approval from its board to raise Rs 6,500 crore through an initial public offering (IPO).
The IPO will constitute a fresh issue of equity shares and an offer-f... |
21.07.2021 | PolicyBazaar plans to raise close to $870 million through its IPO at a likely valuation of $3.5 billion | PB Fintech has also converted itself to a public limited company ahead of the IPO process.
The company received stakeholders’ approval to go public in an EGM held on July 5, 2021.
The company is reportedly seeking a valuation of $3.5 billio... |
21.07.2021 | Policybazaar all set to hit the market, raise Rs 6,500 crore via IPO | Policybazzar is all set to hit the market, planning to raise Rs 6,500 crore. PB Fintech, the parent company of Policybazaar in a regulatory filing approved a resolution to raise the said amount via fresh issue of equity.
The Softbank-backed... |
13.07.2021 | Four Indian Fintechs to Raise up to $3 Billion via IPOs This Year | The Fintech sector in India is getting greener by the day. At least four large Indian fintechs are readying themselves for a big bang public listing this year as the Covid-triggered pandemic has accelerated the growth of these companies. To... |
19.03.2021 | Indian insurance aggregator Policybazaar raises $75m led by Falcon Edge ahead of IPO | Ahead of its planned initial public offering (IPO) the Indian online insurance aggregator Policybazaar has raised $75 million funding led by US-based Falcon Edge Capital to expand its business in UAE and the Middle East, per media reports.
... |
19.03.2021 | Indian insurance aggregator Policybazaar raises $75m led by Falcon Edge ahead of IPO | Premium
Ahead of its planned initial public offering (IPO) the Indian online insurance aggregator Policybazaar has raised $75 million funding led by US-based Falcon Edge Capital to expand its business in UAE and the Middle East, per media r... |
18.03.2021 | Policybazaar raises $75 million for UAE expansion | Binu Paul 18 Mar, 2021
PB Fintech-run online insurance aggregator Policybazaar has raised $75 million in a fresh funding round led by New York-based hedge fund Falcon Edge Capital.
The fresh infusion is expected to back the fintech firm’s U... |
18.03.2021 | [Funding alert] Policybazaar raises $75M led by Falcon Edge Capital ahead of IPO | Gurugram-based Policybazaar's UAE arm has raised funding of $75 million in a round led by Falcon Edge Capital to expand its business in UAE and the Middle East. YourStory's sources have confirmed the development.
The funding comes ahead of ... |
17.03.2021 | PolicyBazaar raises $75 Mn led by Falcon Edge for the UAE and Middle East biz | Online insurance aggregator PolicyBazaar has raised $75 million in a round led by Falcon Edge Capital. The primary capital infusion for the IPO bound company has materialised after 18 months. The Gurugram-based company had raised its last r... |
17.03.2021 | SoftBank-backed Indian insurance platform Policybazaar raises $75 million | Policybazaar has raised $75 million as the Indian online insurance platform looks to expand its presence in UAE and Middle East.
Sarbvir Singh, chief executive of Policybazaar, told TechCrunch that the startup had raised $75 million, but di... |
16.03.2021 | Policybazaar raises $75m to power Middle East expansion | Indian insurance firm Policybazaar has raised $75 million to boost its expansion plans in the Middle East and the UAE.
Policybazzar CEO Yashish Dahiya
Falcon Edge Capital led the financing, which Policybazaar claims is the largest of its ki... |
03.03.2021 | Exclusive: PolicyBazaar rejigs cap table with a $45 mn round at $2.4 bn valuation | ETtechPolicyBazaar investors True North and some angel and individual investors have sold their stakes in the $45-million secondary share sale. (Illustration: Rahul Awasthi/ETtech)
Mumbai: Online insurance aggregator PolicyBazaar has execut... |
27.02.2021 | POLICY BAZAAR Case Study: History, Valuation, Services & Growth
POLICY BAZAAR Case Study: History, Valuation, Services & Growth | POLICY BAZAAR Case Study: History, Valuation, Services & Growth
Policybazaar is an Indian insurance aggregator and a global financial technology startup. The company was founded in June 2008 by Yashish Dahiya, Alok Bansal, and Avaneesh ... |
23.11.2020 | Digital insurance marketplace Policybazaar eyes new funding at USD 2 billion valuation | Indian digital insurance marketplace Policybazaar is looking to raise USD 50-100 million from Alpha Wave Incubation (AWI), a recently launched VC fund by ADQ, the state-owned holding company for Abu Dhabi’s non-oil sectors, and managed by N... |
30.07.2020 | Policybazaar plans to raise USD 150M as buffer capital | India’s insurance aggregator Policybazaar is planning to raise USD 150M as buffer capital in the company during the third quarter of the current fiscal year. |
21.07.2020 | SoftBank-backed Policybazaar aims for 2021 IPO at $3.5bn valuation | Policybazaar, a SoftBank-backed Indian insurance marketplace, has revealed its plans to go public in 2021 at a valuation north of $3.5 billion, Bloomberg reports.
SoftBank’s Vision Fund bought an additional stake worth $130 million in the P... |
21.07.2020 | Policybazaar targets $3.5-billion valuation in September 2021 IPO | - |
20.07.2020 | Policybazaar Confirms to go Public in 2021: Set to become India's first Digital unicorn startup to make a debut on Stockmarket | Advertisment
Although, they got profitable in the financial year 2017. But after the sudden change in market behavior, they reported a 9.42 crore loss in the financial year 2018. All the same, 2019 was also not good for PolicyBazaar as its... |
15.07.2020 | PolicyBazaar gets $47.4 mn as SoftBank releases second tranche of growth round | Binu Paul 15 Jul, 2020
ETechAces Marketing and Consulting, which owns online insurance aggregator PolicyBazaar, has raised Rs 356.6 crore ($47.4 million) in the second tranche of a growth funding round from Japanese conglomerate SoftBank.
A... |
10.10.2019 | Policybazaar backer Inventus raises $52 mn for third venture capital fund | Inventus Capital Partners has hit the final close on its third venture capital fund, as the India-focussed early-stage investment firm gears up to expand its bets on local startups.
The India- and US-based firm raised Rs 369 crore ($52 mill... |
12.07.2019 | Tiger to exit Policybazaar, eyes $1.5 billion valuation for company | BENGALURU: Chinese internet giant Tencent and Japan’s SoftBank Vision Fund are among the investors in discussions to pick up a 21% stake of Tiger Global Management in Etechaces Marketing and Consulting, which owns online financial services ... |
12.07.2019 | Tiger Global looks to sell 21% stake in Policybazaar at a valuation of $1.5bn | New York-based hedge fund Tiger Global Management is eyeing a $1.5 billion valuation for its 21 percent stake sale in Etechaces, which owns PolicyBazaar and Paisabazaar, The Times of India reports. Sources told the paper that the investment... |
07.05.2019 | PolicyBazaar Raises $152M Series F | Gurgaon-based ETechAces, the parent of online comparison portals – Policybazaar.com Policybazaar.com
Founded: 2008
Headquarters: Gurgaon, India
Total Funding: $626.6M
See full company profile "> and Paisabazaar.com, has announced it... |
06.05.2019 | PolicyBazaar receives $152 Mn worth first tranche of Series F round; yet to turn Unicorn | Remember how PolicyBazaar had announced a fundraise of $236 million Series F round in June 2018, a round that was supposed to turn it into a unicorn?
EtechAces, parent of PolicyBazaar, PaisaBazaar, DocPrime, and QuickFIXcars has now secured... |
06.05.2019 | India: PolicyBazaar bags $152m funding, led by SoftBank | Premium
EtechAces Marketing and Consulting Pvt Ltd, the parent of PolicyBazaar and PaisaBazaar portals, has secured about $152 million (Rs 1,059.4 crore) in the first tranche of its Series F funding round, led by Japan’s SoftBank Vision Fun... |
19.12.2018 | 3 Insurance Technology Trends That Will Rule The Roost in 2019 | We’re sure you’ll agree when we say: traditionally, the insurance industry worldwide has been dominated by massive national brands and legacy product lines and age-old technology. The change is already here and more changes are expected to ... |
14.12.2018 | 10 Hot Fintech Startups from India to Watch Closely | India’s fintech ecosystem has evolved significantly with considerable efforts from financial institutions, startups, the government, venture capitalists and regulators to create a favorable environment for fintech innovation that’s conduciv... |