Policybazaar's chief technology officer states AI writes most of its code. This AI assistance has doubled ...More

Policybazaar's chief technology officer states AI writes most of its code. This AI assistance has doubled production releases and expanded engineering tasks. Developers' roles have increased, not been replaced by artificial intelligence. Human oversight remains crucial for customer-facing processes and decision-making. Policybazaar continues to hire developers, emphasising human responsibility over AI skills. ...Less

Shares of Info Edge dropped 7% after a massive 32% crash in PB Fintech reduced the value of its 6.5% stak ...More

Shares of Info Edge dropped 7% after a massive 32% crash in PB Fintech reduced the value of its 6.5% stake by Rs 1,809 crore in a single session. The sell-off follows IRDAI's proposed overhaul of insurance distributor commission structures and crackdown on digital dark patterns. ...Less

IRDAI’s proposed insurance distribution reforms could extend beyond insurers and distributors, potentiall ...More

IRDAI’s proposed insurance distribution reforms could extend beyond insurers and distributors, potentially pressuring NBFC fee income. Jefferies flagged L&T Finance, Piramal Finance and others as exposed to insurance commissions, with proposed cuts potentially affecting profitability. ...Less

PB Fintech shares crashed 36% to a 52-week low after IRDAI proposed an overhaul of insurance distributor ...More

PB Fintech shares crashed 36% to a 52-week low after IRDAI proposed an overhaul of insurance distributor commissions. The proposed norms could tighten distribution economics, with brokerages warning of lower commission income across key insurance segments. ...Less

Indian equities gained as easing crude prices, softer Japanese bond yields and expectations of a largely ...More

Indian equities gained as easing crude prices, softer Japanese bond yields and expectations of a largely priced-in US Fed hike improved sentiment. Analysts identified Policybazaar, PNB, PVR Inox, Radico Khaitan and Hindalco as stocks showing bullish technical setups and rebound potential. ...Less

Insurance premiums may decrease if the Insurance Regulatory and Development Authority of India implements ...More

Insurance premiums may decrease if the Insurance Regulatory and Development Authority of India implements proposed commission changes. Proposed limits on commissions aim to reduce mis-selling and distribution costs in the insurance market. The changes could significantly impact banks, brokers, and digital distributors dependent on commissions for income. Insurers may need to adapt their distribution models in response to the proposed regulations. ...Less

Jefferies has identified Paytm, Groww, PB Fintech, AU Small Finance Bank and Poonawalla Fincorp as its 25 ...More

Jefferies has identified Paytm, Groww, PB Fintech, AU Small Finance Bank and Poonawalla Fincorp as its 25% CAGR club of Indian financial stocks. The brokerage expects strong earnings and revenue growth over FY26-29, supported by scale, new business initiatives and operating leverage, while maintaining Buy calls on all five stocks. ...Less

Global Fintech Fest 2026 highlighted agentic AI's practical integration within the BFSI sector. Automatio ...More

Global Fintech Fest 2026 highlighted agentic AI's practical integration within the BFSI sector. Automation will handle basic tasks, but humans will retain final decision-making authority. Companies are focusing on specialised AI models and optimizing compute power for cost efficiency. Job roles are evolving, with a continued emphasis on hiring and upskilling employees. ...Less

PayU has launched Agent HQ, an AI agent store for Indian SMBs. This platform allows businesses to deploy ...More

PayU has launched Agent HQ, an AI agent store for Indian SMBs. This platform allows businesses to deploy AI agents for various operational tasks. Merchants can enhance product discoverability and manage customer interactions using these agents. The no-code, zero-integration offering simplifies AI adoption for businesses. ...Less

HDFC Bank shares fell despite the rejection of all seven Bahrain cases linked to Credit Suisse AT1 bonds. ...More

HDFC Bank shares fell despite the rejection of all seven Bahrain cases linked to Credit Suisse AT1 bonds. The stock remains under pressure amid governance concerns, recent losses and investor focus on earnings, while brokerages maintain positive views. ...Less

Investment is shifting to regional hospital hubs like Jaipur and Vadodara. These markets offer growth opp ...More

Investment is shifting to regional hospital hubs like Jaipur and Vadodara. These markets offer growth opportunities and lower operating costs for investors. Health insurance penetration is also increasing significantly in these areas. Single-specialty segments like IVF and mother-child care are driving deal activity. Regional hospital brands are expected to scale through clusters and strengthen networks. ...Less

To effectively narrow the insurance gap in India, collaboration between government and private entities i ...More

To effectively narrow the insurance gap in India, collaboration between government and private entities is crucial, as technology alone is insufficient. While AI holds the promise to connect more individuals with insurance, accessibility issues persist. Special attention is needed for the often-overlooked 'missing middle' demographic. Establishing consumer trust and providing adequate coverage are key to broadening insurance use. Defining shared responsibilities is essential for achieving universal insurance access. ...Less

The contributions of homemakers to household management have substantial economic significance that is no ...More

The contributions of homemakers to household management have substantial economic significance that is now being acknowledged by life insurance policies. By considering family finances and the income of a spouse, insurers are able to offer tailored coverage for homemakers. Notably, the premiums for these term plans rival those for income-earning individuals, highlighting the importance of thoroughly understanding the specifics of life cover, whether individual or joint. ...Less

PB Fintech stock has broken out from a technical pattern. Experts suggest this breakout could lead to hig ...More

PB Fintech stock has broken out from a technical pattern. Experts suggest this breakout could lead to higher stock prices. Traders can consider buying the stock for potential gains in coming months. Analysts recommend accumulating the stock on dips for expected upside. ...Less

Founded in 2023 by Siddharth Tripathi, Kali Charan Vemuru and Utkarsh Shukla, the startup counts Policyba ...More

Founded in 2023 by Siddharth Tripathi, Kali Charan Vemuru and Utkarsh Shukla, the startup counts Policybazaar, CRED, Flipkart, Groww and Practo among its customers. ...Less

A rush of block deals in newly listed Indian startups is putting private-market valuations to the test. E ...More

A rush of block deals in newly listed Indian startups is putting private-market valuations to the test. Early investors in Groww and Meesho have made standout returns, while late-stage investments have delivered mixed outcomes. As IPO lock-ins expire, public-market price discovery is showing which private valuations hold up and how investors are cashing out. ...Less

HDFC Bank shares fell to a fresh 52-week low after a US investor filed a securities fraud class-action la ...More

HDFC Bank shares fell to a fresh 52-week low after a US investor filed a securities fraud class-action lawsuit against the bank and two senior executives. HDFC Bank called the allegations meritless and said it would defend the case vigorously, adding to recent concerns weighing on the stock. ...Less

The brokerage expects 24,000 to act as a crucial support level for the Nifty; a sustained break below thi ...More

The brokerage expects 24,000 to act as a crucial support level for the Nifty; a sustained break below this level could trigger further weakness towards 23,800. ...Less

Healthcare costs in India are soaring due to escalating medical inflation. Experts warn that securing ade ...More

Healthcare costs in India are soaring due to escalating medical inflation. Experts warn that securing adequate health insurance is no longer optional but essential. Individuals are advised to assess their health needs, taking into account age and family health history. A smart approach is to combine fundamental policies with super top-ups to improve cost management. Consistently revisiting and updating health insurance plans is crucial to maintain valuable coverage. ...Less

Insurers are now offering term insurance plans specifically for students. These new plans provide afforda ...More

Insurers are now offering term insurance plans specifically for students. These new plans provide affordable life coverage for young individuals. Coverage options extend for thirty to forty years, offering long-term financial security. Optional riders for critical illness and accidental death are also available. This initiative aims to secure financial protection for students early in life. ...Less

NRIs can buy life insurance in India to protect financial obligations. Additional KYC and underwriting re ...More

NRIs can buy life insurance in India to protect financial obligations. Additional KYC and underwriting requirements apply for non-resident Indians. Premiums are paid through NRE, NRO, or FCNR accounts, and currency fluctuations matter. Country of residence impacts premiums and underwriting due to risk assessments. The location of financial responsibilities guides the decision for buying insurance. ...Less

MCX is the sole stock held by six top-performing mid and small-cap mutual funds. Analysts at UBS see a re ...More

MCX is the sole stock held by six top-performing mid and small-cap mutual funds. Analysts at UBS see a re-rating opportunity, upgrading the stock to Buy. JPMorgan also upgraded MCX, citing potential growth catalysts from regulatory changes. Dolat Capital, however, flags regulatory and valuation risks for the commodity exchange. Investors will track revenue stability, commodity volatility, and foreign investor participation. ...Less

Policybazaar celebrated its Jeeto Apna Ghar program's sixth season for sales teams. This initiative now i ...More

Policybazaar celebrated its Jeeto Apna Ghar program's sixth season for sales teams. This initiative now includes services teams, recognizing customer journey excellence. Over fifty houses and thirty-four cars have been awarded since its inception. This season saw ten employees win homes and ten others win cars. The program rewards employees for exceptional customer outcomes and dedication. ...Less

India is considering sweeping health insurance reforms to standardise treatment rates, coverage and billi ...More

India is considering sweeping health insurance reforms to standardise treatment rates, coverage and billing, while expanding a nationwide claims exchange, sources said. A regulatory panel is expected to submit recommendations by year-end as authorities seek to curb medical inflation, reduce fraudulent claims and encourage greater insurance coverage across the country. ...Less

Jefferies' Christopher Wood is reshuffling his India long-only model portfolio, dropping HDFC Bank and PB ...More

Jefferies' Christopher Wood is reshuffling his India long-only model portfolio, dropping HDFC Bank and PB Fintech's PolicyBazaar in favor of Multi Commodity Exchange of India (MCX) and eyewear retailer Lenskart Solutions. The move, detailed in his GREED & fear report, signals a shift toward exchange infrastructure and consumer retail plays. ...Less

The Gurugram-based company’s net profit for the quarter jumped 92% year-on-year (YoY) to Rs 163 crore as ...More

The Gurugram-based company’s net profit for the quarter jumped 92% year-on-year (YoY) to Rs 163 crore as operating margins recorded significant improvement, and its Ebitda (earnings before interest, taxes, depreciation and amortisation) expanded fourfold to Rs 139 crore. PB Fintech’s post-tax profit is larger than its Ebitda because the company reports significant non-operating income — Rs 93 crore for the June quarter. ...Less

In a day of mixed economic signals, Indian markets displayed notable volatility before settling at a flat ...More

In a day of mixed economic signals, Indian markets displayed notable volatility before settling at a flat close. PB Fintech enjoyed a substantial rise in profits thanks to robust growth in insurance premiums. ONGC is also gearing up to ink deals with Venezuela for managing oil blocks. Simultaneously, Ola Electric and Cipla made headlines with their considerable investments in renewable energy initiatives. ...Less

PB Fintech shares rose after the Policybazaar parent reported a 92% YoY jump in Q1 FY27 net profit to Rs ...More

PB Fintech shares rose after the Policybazaar parent reported a 92% YoY jump in Q1 FY27 net profit to Rs 163 crore. Operating revenue grew 40% to Rs 1,888 crore, while total insurance premium increased 41% to Rs 8,372 crore. PAT margin also improved to 9% from 6% a year ago. ...Less

PB Fintech reported a 92% year-on-year rise in Q1FY27 consolidated profit to Rs 163 crore, driven by robu ...More

PB Fintech reported a 92% year-on-year rise in Q1FY27 consolidated profit to Rs 163 crore, driven by robust insurance premium growth, higher operating revenue and improving margins. Operating revenue rose 40%, while total insurance premium increased 41%, supported by strong protection and health insurance demand. ...Less

Hulp was founded by former insurance tech company PolicyBazaar’s cofounder and chief business officer Tar ...More

Hulp was founded by former insurance tech company PolicyBazaar’s cofounder and chief business officer Tarun Mathur, Neha Kulwal and Vishal Singh Khutel in 2026. ...Less

Non-Resident Indians can now purchase US dollar-denominated term insurance plans in India. These plans ar ...More

Non-Resident Indians can now purchase US dollar-denominated term insurance plans in India. These plans are available through Policybazaar's partner insurers at GIFT City. Premiums and claim payouts will be processed in US dollars, addressing currency depreciation risks. This initiative allows global Indians to access internationally aligned financial products within India. ...Less

Meta apologised for lapses on its platforms during a meeting with IT Secretary S Krishnan. This and more ...More

Meta apologised for lapses on its platforms during a meeting with IT Secretary S Krishnan. This and more in today's ETtech Top 5. ...Less

Happy Thursday! Competition in the payments space may change with merchant fees on UPI potentially making ...More

Happy Thursday! Competition in the payments space may change with merchant fees on UPI potentially making a comeback. This and more in today’s ETtech Morning Dispatch. ...Less

Worried about rising healthcare costs after 60? Discover how senior citizens can secure robust health ins ...More

Worried about rising healthcare costs after 60? Discover how senior citizens can secure robust health insurance without breaking the bank. Explore strategies like combining base policies with super top-ups and leveraging employer benefits to achieve comprehensive coverage and predictable renewal costs. ...Less

The Supreme Court has proposed new measures to address widespread non-compliance with mandatory motor ins ...More

The Supreme Court has proposed new measures to address widespread non-compliance with mandatory motor insurance laws. Automatic e-challans and a potential 'no insurance, no fuel' system are being considered. The court also extended mandatory third-party insurance periods for new vehicles. Citizens will soon be able to verify vehicle insurance status through a pilot project. ...Less

Policybazaar has appointed veteran actor Amitabh Bachchan as its brand ambassador. This move initiates a ...More

Policybazaar has appointed veteran actor Amitabh Bachchan as its brand ambassador. This move initiates a significant movement for health and term insurance awareness nationwide. The initiative aligns with IRDAI's vision of providing insurance for all Indians by 2047. Bachchan's established image of trust will encourage families to prioritize financial protection. This campaign aims to secure the future of over 140 crore Indians. ...Less

Starting in August, a collaborative customer identification initiative will be rolled out by Indian banks ...More

Starting in August, a collaborative customer identification initiative will be rolled out by Indian banks and insurers, featuring a system designed to simplify the financial product engagement process. Asset managers are expected to come onboard later this year with the Central Know-Your-Customer 2.0 framework, where customers only need to authorize data access, fostering greater engagement with financial offerings throughout the country. ...Less

Reliance Securities said Policybazaar IPO is valued at 22.1x FY21 book value and 46x on market cap to FY2 ...More

Reliance Securities said Policybazaar IPO is valued at 22.1x FY21 book value and 46x on market cap to FY21 sales, which looks stretched. ...Less

PB Fintech is India’s largest online platform for insurance (PolicyBazaar) and lending (Paisabazaar). ...More

PB Fintech is India’s largest online platform for insurance (PolicyBazaar) and lending (Paisabazaar). ...Less

For Yashish Dahiya and Alok Bansal, their 13-year journey of building Policybazaar as India’s largest ins ...More

For Yashish Dahiya and Alok Bansal, their 13-year journey of building Policybazaar as India’s largest insurance marketplace started even before they launched the company. ...Less

Online insurance aggregator PolicyBazaar has executed yet another secondary share sale, its second in a l ...More

Online insurance aggregator PolicyBazaar has executed yet another secondary share sale, its second in a little over three months, ahead of an IPO planned at $3.5 billion valuation. ...Less

The Policybazaar IPO, which could value the online insurance startup at over $3.5 billion, would involve ...More

The Policybazaar IPO, which could value the online insurance startup at over $3.5 billion, would involve new stocks and secondary shares from existing shareholders. ...Less

PB Fintech reported a significant surge in Q4FY25, with net profit soaring by 185% to ₹171 crore, driven ...More

PB Fintech reported a significant surge in Q4FY25, with net profit soaring by 185% to ₹171 crore, driven by a 38% increase in revenue to ₹1,508 crore. Policybazaar's core online business grew by 31%, contributing ₹877 crore. The company's consolidated PAT for FY25 rose by 448% to ₹353 crore, accompanied by a 37% YoY rise in premium at ₹7,030 crore. ...Less

Choosing health insurance requires careful consideration of several important factors. Opting for a polic ...More

Choosing health insurance requires careful consideration of several important factors. Opting for a policy simply because it has a low premium can leave you underinsured and cost you more when you actually need to file a claim. Adequate coverage is crucial, especially as medical inflation is projected to rise significantly in the coming years. Read on to learn about five key factors every policyholder should assess before buying a policy. ...Less

Offering expected in November-December; startup likely to seek $5-6 billion valuation for IPO ...More

Offering expected in November-December; startup likely to seek $5-6 billion valuation for IPO ...Less

Shares of PB Fintech traded in the unlisted market in the range of Rs 2,000-2,300, just a week ago. Howev ...More

Shares of PB Fintech traded in the unlisted market in the range of Rs 2,000-2,300, just a week ago. However, the official IPO details have left the buyers with sleepless nights, who bought shares at 50-60 per cent premium. ...Less

True North’s part exit from PolicyBazaar comes at a time when the insurance aggregator is lining up an in ...More

True North’s part exit from PolicyBazaar comes at a time when the insurance aggregator is lining up an initial public offering (IPO) for some time this year. ...Less

The Mumbai-based startup plans to use the funding to launch new products, expand its team and strengthen ...More

The Mumbai-based startup plans to use the funding to launch new products, expand its team and strengthen its supply chain. Its debut natural movement footwear is available in four colours and it also has a line-up of clothing and accessories for both men and women. ...Less

Irdai has levied a Rs 5 crore penalty on Policybazaar Insurance Brokers, formerly Policybazaar Web Aggreg ...More

Irdai has levied a Rs 5 crore penalty on Policybazaar Insurance Brokers, formerly Policybazaar Web Aggregator, due to identified violations of insurance regulations. The regulator issued directions, advisories, and cautions to the company following the findings. This action comes despite Policybazaar's success in selling over 42 million policies since its establishment in 2008. ...Less

Shares of PB Fintech, the parent firm of PolicyBazaar and PaisaBazaar, rose 22.74% over its IPO price on ...More

Shares of PB Fintech, the parent firm of PolicyBazaar and PaisaBazaar, rose 22.74% over its IPO price on listing day. Here’s how much each investor's stake in PolicyBazaar was worth after today’s close. ...Less

The increased interest in startup IPOs and headroom for further growth in business as well as valuation a ...More

The increased interest in startup IPOs and headroom for further growth in business as well as valuation after the Policybazaar IPO led founders Yashish Dahiya and Alok Bansal to reduc their stake sale by 85-90% in value. ...Less

The SoftBank-backed startup saw bids that were nearly 40 times higher for the anchor slot of its initial ...More

The SoftBank-backed startup saw bids that were nearly 40 times higher for the anchor slot of its initial public offering (IPO), with investors like Fidelity, Baillie Gifford, Dragoneer Group, BlackRock and others also participating. ...Less

The issue has generated mixed recommendations from analysts, with some raising questions over the valuati ...More

The issue has generated mixed recommendations from analysts, with some raising questions over the valuations. However, the majority believe it is an issue worth subscribing to, given the underpenetrated insurance market. ...Less

Policybazaar parent PB Fintech has approved a resolution to raise up to Rs 6,500 crore, or $870 million, ...More

Policybazaar parent PB Fintech has approved a resolution to raise up to Rs 6,500 crore, or $870 million, via an IPO, making it the fifth Indian startup to initiate proceedings to list on the national bourses. ...Less

Disclosures made under SEBI SAST (Substantial Acquisition of Shares and Takeovers) Regulations show that ...More

Disclosures made under SEBI SAST (Substantial Acquisition of Shares and Takeovers) Regulations show that Tiger Global Eight Holdings and Internet Fund III sold 182.8 crore shares on November 11. ...Less

Vishal Balabhadruni, BFSI Analyst, CapitalVia Global Research, said the issue seemed to be good for the s ...More

Vishal Balabhadruni, BFSI Analyst, CapitalVia Global Research, said the issue seemed to be good for the short term or listing gains but long-term investors must be cautious. ...Less

The Delhi High Court has rejected a plea by Policybazaar, an aggregator of insurance products, seeking to ...More

The Delhi High Court has rejected a plea by Policybazaar, an aggregator of insurance products, seeking to restrain the use of key words identical to its trade marks on Google's AdWords Program by other entities. ...Less

Its insurance premium grew 52 per cent YoY To Rs 2,430 crore, while credit disbursal grew 136 per cent Yo ...More

Its insurance premium grew 52 per cent YoY To Rs 2,430 crore, while credit disbursal grew 136 per cent YoY. ...Less

The price band for the issue has been set between Rs 940 and Rs 980 a share. ...More

The price band for the issue has been set between Rs 940 and Rs 980 a share. ...Less

New York-based Tiger Global, the most prolific backer of India's booming internet economy, will now hold ...More

New York-based Tiger Global, the most prolific backer of India's booming internet economy, will now hold 30% stake in PolicyBazaar. ...Less

Policybazaar, which helps consumers to compare and buy insurance policies, has witnessed two major invest ...More

Policybazaar, which helps consumers to compare and buy insurance policies, has witnessed two major investments over the last couple of months. ...Less

Policybazaar’s parent company PB Fintech became the first Indian fintech company to list on local stock e ...More

Policybazaar’s parent company PB Fintech became the first Indian fintech company to list on local stock exchanges today. It had a stellar debut, closing the day with a share price of Rs 1.202.90, 22.74% more than the issue price. ...Less

Policybazaar IPO received bids for 57,23,84,100 shares against 3,45,12,186 shares on offer, according to ...More

Policybazaar IPO received bids for 57,23,84,100 shares against 3,45,12,186 shares on offer, according to NSE data. The price range for the IPO was at Rs 940-980 per share. ...Less

Policybazaar has turned profitable in the financial year ended March 31, 2017, and is expected to turn in ...More

Policybazaar has turned profitable in the financial year ended March 31, 2017, and is expected to turn in net profit of about Rs 50 cr during the financial year ended Mar 31, 2018. ...Less

PolicyBazaar, which is backed by Tiger Global, InfoEdge and Premji Invest among others, is looking at mor ...More

PolicyBazaar, which is backed by Tiger Global, InfoEdge and Premji Invest among others, is looking at more domestic investors to join this round to ensure it meets the 51% domestic investment criteria under the Insurance Regulatory and Development Authority of India (Irda). ...Less

PB Fintech's subsidiary, Policybazaar Insurance Brokers, has received approval to enter the reinsurance b ...More

PB Fintech's subsidiary, Policybazaar Insurance Brokers, has received approval to enter the reinsurance business. It reported a net profit of Rs 37.2 crore in Q3 with revenue from operations of Rs 871 crore. The company plans to apply for a payments aggregator license. ...Less

The insurance regulator upgraded the license of the company's wholly-owned subsidiary Policybazaar Insura ...More

The insurance regulator upgraded the license of the company's wholly-owned subsidiary Policybazaar Insurance Brokers Private Limited to 'Composite Insurance Broker' from 'Direct Insurance Broker' ...Less

The Gurugram-based company said that the search operations were linked to some vendors doing business wit ...More

The Gurugram-based company said that the search operations were linked to some vendors doing business with one of PB Fintech’s subsidiary entities. People in the know said that the raids were connected to some vendors who work with PB Partners, the offline insurance distribution business of Policybazaar. ...Less

Acko claimed that Policybazaar was using its name as a keyword and therefore, its website was showing up ...More

Acko claimed that Policybazaar was using its name as a keyword and therefore, its website was showing up as a sponsored link whenever someone was searching for 'Acko'. ...Less

Indian artificial intelligence startups are experiencing significant funding and valuation surges. Emerge ...More

Indian artificial intelligence startups are experiencing significant funding and valuation surges. Emergent and Sarvam AI recently achieved unicorn status with large investment rounds. UnifyApps is also in talks for a substantial funding round, increasing its valuation. These companies benefit from strong investor interest in AI infrastructure and enterprise software. However, rapid AI advancements pose disruption risks for less adaptable startups. ...Less

From Policybazaar's upcoming IPO to Byju's big acquisition and Netflix's gaming foray, here's a quick loo ...More

From Policybazaar's upcoming IPO to Byju's big acquisition and Netflix's gaming foray, here's a quick look at the top tech news today. ...Less

Policybazaar has earned Great Place to Work® certification for the second consecutive year, recognizing i ...More

Policybazaar has earned Great Place to Work® certification for the second consecutive year, recognizing its commitment to a purpose-driven, collaborative, and growth-oriented workplace. This honor highlights the company's investment in progressive HR practices and a culture that fosters employee well-being and success, as evidenced by improved attrition rates and comprehensive support initiatives. ...Less

The ₹5,710-crore IPO of PB Fintech, that operates Policybazaar, received bids for 57.24 crore equity shar ...More

The ₹5,710-crore IPO of PB Fintech, that operates Policybazaar, received bids for 57.24 crore equity shares against an offer size of 3.45 crore shares. ...Less

The present investment seeks to strengthen the financial health of Policybazaar to meet its general opera ...More

The present investment seeks to strengthen the financial health of Policybazaar to meet its general operating expenses and enhance brand awareness, office presence and strategic initiatives. ...Less

PB Fintech, the parent firm of insurance marketplace PolicyBazaar, has elevated cofounder and chief finan ...More

PB Fintech, the parent firm of insurance marketplace PolicyBazaar, has elevated cofounder and chief financial officer (CFO) Alok Bansal to executive vice chairman and has invested further in its insurance broking arm. ...Less

Policybazaar's Jeeto Apna Ghar (JAG) initiative concluded its fifth season, rewarding top-performing empl ...More

Policybazaar's Jeeto Apna Ghar (JAG) initiative concluded its fifth season, rewarding top-performing employees with houses, cars, and cash incentives. This year marked the expansion of JAG to include service roles, recognizing excellence across the organization. Since its inception, JAG has distributed significant rewards, fostering loyalty and driving performance among Policybazaar's advisors, reinforcing the company's employee-centric culture. ...Less

The urge to reinvent himself and seek out new challenges got him a plum position at PolicyBazaar, where a ...More

The urge to reinvent himself and seek out new challenges got him a plum position at PolicyBazaar, where as the CTO and CPO, he heads all things digital, including product, technology, and digital marketing. ...Less

As per Policybazaar.com, currently, job/income loss insurance covers are not available in the market. Wit ...More

As per Policybazaar.com, currently, job/income loss insurance covers are not available in the market. With this new business line being launched, plans that have the coverage for job/income loss can be compared and easily purchased online by the customers. ...Less

MacRitchie Investments is set to divest up to $200 million in PB Fintech, the parent company of Policybaz ...More

MacRitchie Investments is set to divest up to $200 million in PB Fintech, the parent company of Policybazaar and Paisabazaar. This move involves selling approximately 2.6% of the company's outstanding shares, with a floor price of 1,604 rupees per share, representing a slight discount. The transaction is anticipated to occur on July 3rd, with MacRitchie subject to a 60-day lock-up on its remaining stake. ...Less

Policybazaar helps sell about a million policies a month. The aggregator lets users compare life, health, ...More

Policybazaar helps sell about a million policies a month. The aggregator lets users compare life, health, auto, travel and property policies from 40 insurers on its website without going through conventional agents, who sell based on incentives. ...Less

Jagdish Khattar, managing director, Carnation Auto said, “We have a robust policy of repair over replacem ...More

Jagdish Khattar, managing director, Carnation Auto said, “We have a robust policy of repair over replacement of auto parts, which will help bring down claims ratio for policybazaar.com and out-of-pocket costs incurred by car owners.” ...Less

Through the sale, Softbank aims to raise Rs 1,000 crore. It is likely to sell 2.2 crore shares via block ...More

Through the sale, Softbank aims to raise Rs 1,000 crore. It is likely to sell 2.2 crore shares via block deal ...Less

Bay Capital, which manages money on behalf of institutions and endowments from the US and the Europe, has ...More

Bay Capital, which manages money on behalf of institutions and endowments from the US and the Europe, has infused an undisclosed sum into the parent company PB Fintech of Policybazaar.com. ...Less

Shares end opening day’s trade with 23% gain over issue price ...More

Shares end opening day’s trade with 23% gain over issue price ...Less

The two sides are examining how the Japanese company can take a stake without pushing foreign investment ...More

The two sides are examining how the Japanese company can take a stake without pushing foreign investment in PolicyBazaar above 49 percent, the limit under India’s regulatory policies, said one of the people, asking not to be identified because the matter is private. ...Less

IRDAI has fined Policybazaar Rs 5 crore for various regulatory breaches. As per the IRDAI order, Policyba ...More

IRDAI has fined Policybazaar Rs 5 crore for various regulatory breaches. As per the IRDAI order, Policybazaar promoted specific insurance products unfairly. They ranked products as 'top' without proper justification. The company also delayed remitting premiums to insurers, violating the Insurance Act. Policybazaar also failed to properly map policies to Authorised Verifiers. ...Less

The brokerage has initiated coverage on the online insurance broker with a “hold” rating and a price targ ...More

The brokerage has initiated coverage on the online insurance broker with a “hold” rating and a price target of Rs 1,270, which implies a nearly 5 per cent downside from the current market price. ...Less

Singh was initially the chief executive of Policybazaar designated as president of Policybazaar Insurance ...More

Singh was initially the chief executive of Policybazaar designated as president of Policybazaar Insurance Brokers, the insurance vertical within PB Fintech. ...Less

The Policybazaar SMS ad, circulated in March 2020, was deemed by IRDAI as “having potential to cause avoi ...More

The Policybazaar SMS ad, circulated in March 2020, was deemed by IRDAI as “having potential to cause avoidable panic among customers”. ...Less

“We are looking to list on Nasdaq by the next financial year,“ said Policybazaar CEO Yahish Dahiya. “We a ...More

“We are looking to list on Nasdaq by the next financial year,“ said Policybazaar CEO Yahish Dahiya. “We are planning to raise $100 million through a public offer,“ he said. ...Less

The new equity financing round has also seen participation from a number of PolicyBazaar's existing inves ...More

The new equity financing round has also seen participation from a number of PolicyBazaar's existing investors, that includes, Tiger Global Management, PremjiInvest and Temasek. ...Less

Existing investors including Info Edge (India) Ltd also participated in the Series F round, ETechAces, wh ...More

Existing investors including Info Edge (India) Ltd also participated in the Series F round, ETechAces, which owns PolicyBazaar and online lending marketplace PaisaBazaar.com. ...Less

Singapore's Temasek is set to invest in popular insurance portal Policybazaar by way of acquiring stake i ...More

Singapore's Temasek is set to invest in popular insurance portal Policybazaar by way of acquiring stake indirectly from its existing shareholder, Info Edge. ...Less

According to PB Fintech-run Policybazaar, in the last one year, health, term, and motor insurance product ...More

According to PB Fintech-run Policybazaar, in the last one year, health, term, and motor insurance products have witnessed the highest adoption of UPI payments. Meanwhile, credit cards have emerged as the most popular payment method for term insurance products and insurance-cum-savings products, where the ticket size might be on the higher side. ...Less

Many companies—including HDFC Life International, ICICI Prudential Life, ICICI Lombard, Star Union Dai-ic ...More

Many companies—including HDFC Life International, ICICI Prudential Life, ICICI Lombard, Star Union Dai-ichi Life, IndiaFirst Life and Tata-AIG General—now offer life and health insurance products. Their primary target groups are non-resident Indians (NRIs), persons of Indian origin (PIOs) and Overseas Citizens of India (OCI) who earn in foreign currencies. ...Less

Investment banking sources told ET that lifestyle retailer Nykaa, which plans to raise ₹5,000 crore, will ...More

Investment banking sources told ET that lifestyle retailer Nykaa, which plans to raise ₹5,000 crore, will likely file its draft red herring prospectus (DRHP) by this weekend. Policybazaar will file its DRHP next week for a ₹6,000-crore IPO. ...Less

Policybazaar's offline business in West Bengal is experiencing rapid growth, constituting nearly 30% of t ...More

Policybazaar's offline business in West Bengal is experiencing rapid growth, constituting nearly 30% of the state's total policy sales with a 60% growth rate. West Bengal is a significant market for term insurance, contributing 26% to the overall policy count. Educated, salaried individuals and young people are the primary insurance buyers, with health and term insurance dominating sales. ...Less

The investment, which comes less than a year after the New York and Gurgaon-based startup raised $50 mill ...More

The investment, which comes less than a year after the New York and Gurgaon-based startup raised $50 million from WestBridge Capital, is expected to value the company at $700-750 million, marking a more than threefold jump from its $200 million valuation in October 2025. ...Less

PBFintech has narrowed loss margins in new businesses to 1% from 51% in less than two years. ...More

PBFintech has narrowed loss margins in new businesses to 1% from 51% in less than two years. ...Less