Policybazaar Recent News & Articles

General News

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

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