Policybazaar Recent News & Articles

General News

Feb 18, 2024 Policybazaar shares jump 7% on IRDAIs license upgrade for PB Fintechs arm

Feb 15, 2024 Policybazaar to enter reinsurance business with upgraded licence

Jan 31, 2024 Temasek sells entire holding in Policybazaar for Rs 2,425 crore

Aug 1, 2023 Policybazaar’s parent grants Rs 40 Cr worth ESOPs to employees

Nov 18, 2022 Policybazaar shares spike 12% a day after hitting 52-week low

Oct 26, 2021 Policybazaar sets price band for its IPO at Rs 940-980 a share

Funding News

Dec 3, 2022 Softbank sells 5.1% stake in Policybazaar for Rs 1,043 crore

Dec 1, 2022 SoftBank to offload half of its stake in PolicyBazaar

Oct 16, 2022 PolicyBazaar receives $80 Mn from parent

Aug 2, 2021 SoftBank backed PolicyBazaar files draft papers for over $800 mn IPO

Jul 20, 2021 Exclusive: Policybazaar to raise up to Rs 6,500 Cr via IPO; becomes a public company

Mar 17, 2021 PolicyBazaar raises $75 Mn led by Falcon Edge for the UAE and Middle East biz

Sep 21, 2019 Exclusive: Tencent invests up to $150 Mn in PolicyBazaar

Jul 12, 2019 Tiger Global eyes $300 Mn exit from Policybazaar at $1.5 Bn valuation

May 6, 2019 PolicyBazaar receives $152 Mn worth first tranche of Series F round; yet to turn Unicorn

Sep 17, 2018 Policybazaar infuses $50 Mn into newly launched healthtech venture DocPrime

Financial News

Aug 6, 2024 Policybazaar boosts PB Fintechs Q1 net profit to Rs 60 crore; revenue up 51% to Rs 1,010 crore

May 5, 2024 PB Fintech Q4 Results: Policybazaar parent reports PAT of Rs 60 crore vs loss of Rs 9.34 crore YoY

Nov 4, 2023 Policybazaar Parent PB Fintech’s Q2 Loss Declines 89% YoY To INR 21 Cr

Aug 7, 2023 Policybazaar parent’s revenue dwindles to Rs 666 Cr, losses surge 23% QoQ

May 22, 2023 PolicyBazaar’s scale crosses Rs 2,500 Cr in FY23, losses shrink 41%

Aug 10, 2022 PolicyBazaars Q1 net loss widens but revenue doubles

Feb 7, 2020 PolicyBazaar losses jumped 23X in FY19 while revenue grew 2X