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POLICYBAZAAR DEAL
Kunal Shah heads to Meta; New-age IPO playbookHappy Tuesday! Kunal Shah has taken over as WhatsApp's chief, while Meta backs Cred in a major funding deal. This and more in today’s ETtec...- Cred’s Kunal Shah is WhatsApp’s new CEOCred founder Kunal Shah will join WhatsApp as its global head after Meta announced a nearly $900 million investment in the fintech firm. Th...
- 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...
- 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...
- Insurance cos expand war-risk cover in UAE as tensions riseWar-risk insurance is now available for everyday consumers in the UAE. Insurers are offering new policies for cars, cargo, and travel. This...
- 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...
- Deeptech bets heat up; Paytm, PB Fintech, Meesho earningsHappy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Mornin...
- PB Fintech shares fall 2% after Morgan Stanley sells stake worth Rs 18 crore in Policybazaar parentMorgan Stanley sold Rs 18 crore worth of shares at Rs 1819 apiece in the Policybazaar parent via a block deal. PB Fintech shares have been ...
- Softbank divests 2.5 per cent stake in PB Fintech worth Rs 914 croreSoftbank's subsidiary, Svf Python II (Cayman), has divested a 2.5% stake in PB Fintech, the parent company of Policybazaar, for Rs 914 cror...
- HC refuses to restrain use of PolicyBazaar trade marks on Google AdWords ProgramThe Delhi High Court has rejected a plea by Policybazaar, an aggregator of insurance products, seeking to restrain the use of key words ide...
- Softbank sells 5.1% stake in Policybazaar for Rs 1,043 croreSVF India offloaded 2,28,42,424 shares, amounting to 5.08% stake in the company
- PB Fintech rallies 6% amid bulk deal buzzAccording to NSE data National Stock Exchange (NSE), 61.19 lakh shares worth Rs 291.46 crore were traded as of 11.30 am. On BSE, 3.57 lakh ...
- Softbank Group to sell 5% stake in PB Fintech on Friday: ReportsThrough the sale, Softbank aims to raise Rs 1,000 crore. It is likely to sell 2.2 crore shares via block deal
- Policybazaar shares tank 10% after block dealAccording to the data from National Stock Exchange (NSE), about 77.98 lakh shares of PB Fintech changed hands, whereas 5.82 lakh shares wer...
- After Jio, Google sets sights on stake in Policybazaar, might spend $150 million for 10%Alphabet Inc-owned Google announced its India investment plan last month. Chief executive officer Sundar Pichai told ET that the company wa...
- Tencent buys 10% of Policybazaar, enters India insurance marketTencent, known for its dominant WeChat messenger, has been an aggressive investor in Indian startups.
- Policybazaar aims to list on Nasdaq by next fiscal“We are looking to list on Nasdaq by the next financial year,“ said Policybazaar CEO Yahish Dahiya. “We are planning to raise $100 million ...
- Temasek to invest in PolicybazaarSingapore's Temasek is set to invest in popular insurance portal Policybazaar by way of acquiring stake indirectly from its existing shareh...
- Temasek to buy Intel Cap's stake in Policybazaar for Rs 110 croresPolicybazaar, which helps consumers to compare and buy insurance policies, has witnessed two major investments over the last couple of mont...
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