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POLICYBAZAAR SHARES
SoftBank snags Rs 2,873 crore from Lenskart stake sale, clocking 7x returnSVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wed...
Commission caps to pose existential threat to insurance distributors: Policybazaar’s Yashish DahiyaPolicybazaar faces potential business disruption from IRDAI's proposed commission caps, prompting consideration of an insurance manufacturi...
PB Fintech shares in focus after founders sell stake worth Rs 665 crore in Policybazaar parentPB Fintech founders sold shares worth Rs 665 crore. Yashish Dahiya and Alok Bansal offloaded stock on Friday. Major investors like Goldman ...
Harassed by loan recovery agents? Know your legal rights and 6 steps to fight backBorrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...
PB Fintech founders Yashish Dahiya, Alok Bansal sell 0.8% stake worth Rs 665 croreThe shares were acquired by investors including Goldman Sachs, Morgan Stanley, Hong Kong-based Viridian Asset Management, Kotak Securities,...
PB Fintech sees Rs 665 crore block deal as founders pare stake; Goldman among other top funds buyPB Fintech founders Yashish Dahiya and Alok Bansal sold 38 lakh shares worth Rs 665 crore in a block deal. The shares were purchased by var...
PB Fintech invests Rs 5 crore in broking arm PB Marketing and ConsultingPB Fintech injected Rs 5 crore into its subsidiary, PB Marketing, to meet net worth requirements for stockbroking and depository participan...
Small & midcaps rally! Coforge, Ola Electric, FirstCry & other stocks jump up to 7%Small and midcap stocks rose sharply on Tuesday, lifting broader markets and outperforming benchmarks. Coforge led midcap gains, while Ola ...
SoftBank logs $600 million paper loss on India-listed portfolio in March quarterSoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominent companies like Swiggy and Ola El...
PB Fintech shares in focus after Q4 net profit jumps 54% to Rs 261 crore; revenue up 36%PB Fintech reported a 54% year-on-year rise in March-quarter net profit to Rs 261 crore, driven by strong insurance premium growth and impr...
Stocks in news: BSE, Britannia, Paytm, Meesho, RILIndian markets showed resilience, climbing despite volatility, buoyed by positive global trends and falling crude oil prices. Analysts anti...
Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.
Valuation reset drives mutual fund inflows into listed new-age firms amid FPI selloffMutual funds increased their stakes in new-age companies during the March quarter, despite falling share prices and overall portfolio value...
GIFT City investment edge for NRIs: Tax benefits and global investment access with new insurance opportunityNRIs now have a new investment avenue through GIFT City. This international financial hub provides access to global markets and tax-efficie...
Stock Radar: Down 60% from highs! Can this fintech firm see trend reversal?The fintech firm from the insurance industry space hit a fresh high of Rs 1,470 son after its listing on 17 November 2021 but failed to kee...
JM Financial sees limited upside for PolicyBazaar in near-termThe brokerage has initiated coverage on the online insurance broker with a “hold” rating and a price target of Rs 1,270, which implies a ne...
PB Fintech makes a strong debut, lists at 17% premiumThe initial stake sale of PB Fintech was open for subscription between November 1-3. The fintech startup raised Rs 5,625 crore via the prim...
Exclusive: PolicyBazaar rejigs cap table with a $45 mn round at $2.4 bn valuationOnline insurance aggregator PolicyBazaar has executed yet another secondary share sale, its second in a little over three months, ahead of ...
PolicyBazaar in talks to raise new funds at $2 billion valuationAWI buys TrueNorth stake in online insurance firm, may bring primary capital in $50-100 million round
PolicyBazaar to raise Rs 300 crore at valuation of Rs 1,200 croreNew York-based Tiger Global, the most prolific backer of India's booming internet economy, will now hold 30% stake in PolicyBazaar.