Last updated: Apr 24, 2024
- Brand NamePolicybazaar
- HeadquarterGurugram
- No. of Employees7344
- Industry
Insurance
- Founded Year 2008
- Company StatusListed
- Highlights
- Total Funding₹5529.22 Cr
- Funding Rounds13
- Number of Acquisition1
- FY 2022-23 Revenue₹2816.92 Cr
- FY 2022-23 Loss-₹487.93 Cr
About Policybazaar
Policybazaar.com is India's prominent online life insurance and general insurance aggregator. They are specialized in making comparative analysis of insurance products. The basis for the comparison is price, quality and key benefits. Policybazaar.com has built strong relationships with all prominent .....
Business Model of Policybazaar
PolicyBazaar is an online insurance aggregator and brokerage platform that offers a diverse range of insurance products, including health insurance, car insurance, life insurance, travel insurance, and more. In addition to insurance policies, the platform provides value-added services like online claim settlement and customer support. PolicyBazaar serves as a marketplace where users can compare and purchase insurance policies from various insurers.
Key People/Management
Show allAB
Alok BansalCo-Founder
TM
Tarun MathurCo-Founder & CBO
AN
Avaneesh NirjarCo-Founder & COO
SS
Sarbvir SinghCEO
AB
Alok Bansal Wholetime Director
VV
Veena Vikas MankarDirector
Top Competitors
TU
TurtlemintU74999MH2015PTC263315
IN
InsurancedekhoU66010RJ2016PTC054811
CO
CoverfoxU72200MH2010PTC210076
UN
UniU72900DL2020PTC368642
Latest News
- Policybazaar Parent PB Fintech’s Q2 Loss Declines 89% YoY To INR 21 CrNov 4, 2023
- Policybazaar parent’s revenue dwindles to Rs 666 Cr, losses surge 23% QoQAug 7, 2023
- Policybazaar’s parent grants Rs 40 Cr worth ESOPs to employeesAug 1, 2023
- PolicyBazaar’s scale crosses Rs 2,500 Cr in FY23, losses shrink 41%May 22, 2023
- Softbank sells 5.1% stake in Policybazaar for Rs 1,043 croreDec 3, 2022
- SoftBank to offload half of its stake in PolicyBazaarDec 1, 2022
- Policybazaar shares spike 12% a day after hitting 52-week lowNov 18, 2022
- PolicyBazaar receives $80 Mn from parentOct 16, 2022
- PolicyBazaars Q1 net loss widens but revenue doublesAug 10, 2022
- Policybazaar sets price band for its IPO at Rs 940-980 a shareOct 26, 2021