Investors hit bull’s eye

Here’s how much money each investor and early backers of Policybazaar are sitting on as of Monday’s close.

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With the company’s latest market capitalisation, more than a dozen institutional investors of the fir m such as SoftBank, Tencent, Tiger Global, Temasek , Warburg Pincus and Falcon Edge, among others, saw the value of their stakes soar due to listing gains.
Mumbai: PB Fintech, Policybazaar’s parent, became the third big techfocused firm to list this year after Zomato and Nykaa. With the company’s latest market capitalisation, more than a dozen institutional investors of the fir m such as SoftBank, Tencent, Tiger Global, Temasek , Warburg Pincus and Falcon Edge, among others, saw the value of their stakes soar due to listing gains. Here’s how much money each investor and early backers of Policybazaar are sitting on as of Monday’s close.
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