Page 3 - Policybazaar

TMS, Ep 31: Business sentiment, Policybazaar IPO, and bull & bear markets

Does the nature of demand revival justify India Inc's business sentiment? How can healthtech startups benefit from Ayushman Bharat Digital Mission? What are bull and bear markets? Get all answers here

Markets Today: Key levels for Sensex, Nifty; Policybazaar IPO review

With Sensex and Nifty below near-term support levels, what's the road ahead for markets? Will this weakness shift focus to primary markets, where Nykaa and Policybazaar are ready with their IPOs?

The market has become a lot more real of late: PB Fintech's Dahiya, Bansal

The company is looking to raise Rs 5,700 crore at a Rs 44,000-crore valuation

Policybazaar IPO: SoftBank to sell 20% of its stake worth Rs 1,875 crore

The Japanese venture fund currently has a 13 per cent stake in the IPO-bound company

Policybazaar's Rs 5.8k-crore IPO to open on Monday: Check details here

The IPO comprises a fresh issue of Rs 3,750 crore, along with an offer for sale (OFS) of Rs 1959.72 crore by existing promoters and shareholders

Policybazaar's parent firm PB Fintech gets Sebi nod for Rs 6,017-cr IPO

As per the draft papers, the firm may consider raising around Rs 750 crore by way of a private placement of equity shares ahead of the IPO

30 firms may float public issues in Oct-Nov to mop up Rs 45,000 cr

Of the total fundraising, a large chunk would be garnered by technology-driven companies

Info Edge arm to file fresh scheme of amalgamation after Policybazaar IPO

The IPO comprises a fresh issue of Rs 3,750 crore worth of equity shares and an offer for sale (OFS) of Rs 2,267.50 crore by existing shareholders

Policybazaar files DRHP with Sebi, aims to raise over Rs 6,000 cr via IPO

Of this, Rs 3,750 crore will be fresh issue portion and OFS of Rs 2,267.5 crore

SoftBank-backed Policybazaar seeks to join India tech IPO train

Policybazaar was founded in 2008 to tap the large population of under-insured in a country of 1.3 billion people

Sebi chief hails home listing of tech cos, says markets entering new era

Views follow a stellar response to India's first unicorn IPO by food delivery company Zomato, which was subscribed nearly 40 times

Policybazaar all set to hit the market, raise Rs 6,500 crore via IPO

The Softbank-backed insurance aggregator is also likely to consider offer for sale from some of its investors

This year will be challenging from supply perspective: PolicyBazaar.com CEO

In a Q&A Sarbvir Singh dwells on the current trends in the insurance space and how his firm's business model will change now that it has got a broking licence

Policybazaar.com forays into insurance brokerage, opens 15 retail stores

The brand will eventually expand to 100 locations

Shocked by Covid deaths, young Indians rush for life insurance

During devastating second wave in April and May, the numbers of people aged between 25 and 35 buying term insurance was 30% higher than in previous 3 months combined, said PolicyBazaar

True North sells Policy Bazaar stake to Serum Institute, four others

True North disclosed neither the quantum of stake sold nor the value

Consumers opted for higher sum insured policies due to Covid: Policybazaar

This indicates a sharp increase in awareness and demand for high cover protection policies

Pressing question before India's tech unicorns: Where to bring an IPO?

Business Standard breaks down key listing requirements in India, in the US and the possibility in a few other scenarios

Policybazaar IPO in 12-15 mos; parent firm gets boost from Bay Capital

Leading online insurance policy aggregator Policybazaar.com has got a capital boost from investment management firm Bay Capital, ahead of its initial public offering (IPO) in the next 12-15 months. Bay Capital, which manages money on behalf of institutions and endowments from the US and the Europe, has infused an undisclosed sum into the parent company PB Fintech of Policybazaar.com. "Bay Capital has completed a secondary transaction, ahead of the insurance aggregator's plans to launch an IPO in the next 12-15 months," Bay Capital said on Wednesday. However, how much capital has been infused by Bay Capital could not be ascertained. PB Fintech had attained the status of a unicorn in 2018 when it raised USD 200 million in a Series-F round led by Japan's Softbank. Siddharth Mehta, founder and CIO of Bay Capital, said PB Fintech has transformed the way insurance is bought in India. "Customer centricity has been the heart of their proposition and has helped them become the platform of

Unicorns have created $106-bn value for startup ecosystem in 10 yrs: Report

Having created over 1.4 million jobs annually, Indian startups have taken eight years on an average to hit the unicorn milestone