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POLICYBAZAAR SALES GROWTH
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 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...
- TCS Q4 beats expectations; UP girl makes Y Combinator historyTCS reported strong Q4 results, driven by robust performance in North America and a weak rupee. This and more in today's ETtech Top 5.
- Policybazaar sees 60% growth in offline business in West BengalPolicybazaar's offline business in West Bengal is experiencing rapid growth, constituting nearly 30% of the state's total policy sales with...
- Policybazaar sees 60% growth in offline business in West BengalThe company, which has a presence in at least 80 cities, opened 15 offices and point-of-sale outlets across the country last fiscal, an off...
- ETtech in-depth: Decoding PB Fintech’s bull run on the stock marketsPBFintech, the parent entity of Policybazaar, is having a dream run at the stock exchanges. The company is nearing a $10 billion market cap...
- Policybazaar shares cross IPO price after 2 years, jump 14% on first-ever profitPolicybazaar share price: PB Fintech's first-ever profit catapulted its stock to a fresh 52-week high. Target price upgrades served as the ...
- PolicyBazaar rejigs its top deck, elevates Alok Bansal as executive vice chairmanPB Fintech, the parent firm of insurance marketplace PolicyBazaar, has elevated cofounder and chief financial officer (CFO) Alok Bansal to ...
- Policybazaar parent's IPO fully subscribed on Day 2The issue has generated mixed recommendations from analysts, with some raising questions over the valuations. However, the majority believe...
- Policybazaar founders to cut sale of own shares in IPO by 85-90%The increased interest in startup IPOs and headroom for further growth in business as well as valuation after the Policybazaar IPO led foun...
- Policybazaar raises Rs 2,569 cr from insurance cos, anchorsThe SoftBank-backed startup saw bids that were nearly 40 times higher for the anchor slot of its initial public offering (IPO), with invest...
- Policybazaar raises Rs 2,569 crore from insurance cos, others in IPO anchor roundThe SoftBank-backed startup saw bids that were nearly 40 times higher for the anchor slot of its initial public offering (IPO), with invest...
- Policybazaar’s Rs 5,710 cr IPO gives company valuation of $6bnPolicybazaar, which started out as a comparison website that generated leads for insurance companies, has evolved into a platform that allo...
- Policybazaar parent to continue chasing long-term growth after IPOYashish Dahiya, cofounder and chairman of PB Fintech, said 80% of the company’s focus will be on growth and 20% will be on ‘efficiencies’.
- Startups going public will turn profitable in three years, says Sanjeev BikhchandaniBikhchandani, who still owns more than 15% in Zomato after its initial public offering (IPO), said his company, Info Edge, will continue to...
- Nykaa, Policybazaar to file papers to raise Rs 11,000 crore via IPOsInvestment banking sources told ET that lifestyle retailer Nykaa, which plans to raise ₹5,000 crore, will likely file its draft red herring...
- Pandemic pushes sales of Rs 1 crore health insurance covers“There has been high claims experience from the Rs 1-25 lakh segment. So premium rates shot up 50-100% there. And since the Rs 25 lakh -1 c...
- Revealed: How technology helped PolicyBazaar achieve 100% y-o-y growthThe 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 th...
- Bajaj Allianz Life ties with PolicyBazaar, aims 20% online marketIndia's online insurance market is of about Rs 700 crore, of which about Rs 300 crore is of life insurance business, as per industry estima...
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