Page 4 - Policybazaar

Info Edge drops 12% in 2 days despite analysts raising targets; here's why

Analysts at Edelweiss Securities have 'Hold' rating on the stock with a target price of Rs 5,460 considering the core business's steep valuation

Policybazaar.com sells 400,000 health policies in April-December 2020

Covid-19 pandemic and increased awareness about health plans, along with factors such as flexible payment options and availability of higher sums insured created a surge in demand

IPO street: From Zomato to InMobi, 2021 could be the year of start-ups

The country has realised the potential of start-ups that have disrupted traditional businesses (or ways of doing business) and have garnered large market share, across segments

Consumers gravitating towards higher sum insured in health policies

Covid drives awareness of need for health insurance, consumers also buying plans in the range of Rs 25-50 lakh

At 40%, we are growing faster than industry: Sarbvir Singh of Policybazaar

In an interview, Singh talks about why the demand has moderated in Q2 and how the growth in the health segment may not be sustainable as the fear of Covid-19 wanes

Online insurer Policybazaar eyes IPO on Nasdaq by next September

The LS had on Saturday passed the Companies (Amendment) Bill, 2020 amending the Companies Act which seeks to allow certain public companies to list certain types of securities in foreign jurisdictions

Rising Covid, non-Covid claims a double whammy for general, health insurers

Insurers said while the situation had been manageable so far, going ahead, it would be a cause for concern

Info Edge founder wants a hat-trick after Zomato, PolicyBazaar success

To pump in money more aggressively, Sanjeev Bikhchandani's company has set up its own alternative investment fund, Info Edge Ventures, for early stage investments

Policybazaar targets $3.5-billion valuation in September 2021 IPO

The start-up plans to secure about $250 million in a round of financing at a $2 billion-plus valuation before a September 2021 initial public offering

Quick approval, grace period: Medical insurance process eased amid Covid-19

Use instalments to increase cover; benefit from quick approvals

For personal or credit card loans, it's time to scout for good rates

You can raise cheaper personal loans online to repay unsecured loans. For home loans, banks are taking documents online, but property verification may take time

Kiran Mazumdar-Shaw wins EY Entrepreneur of the Year award for 2019

Awards announced for nine other categories; Adi Godrej gets Lifetime achievement award

Policybazaar appoints Ashish Gupta as CEO of health-tech venture DocPrime

The appointment is an elevation for Ashish Gupta, who has been serving as Chief Technology Officer (CTO) at PolicyBazaar since November 2015

CEO Yashish Dahiya takes PolicyBazaar to a new high within a decade

PolicyBazaar is expected to make a few acquisitions to bolster its healthcare journey

PolicyBazaar becomes unicorn, raises more than $200 mn in Series F funding

ETechAces Marketing & Consulting, which operates PolicyBazaar.com, said the Series F round also saw participation from existing investors, including Bikhchandani-led InfoEdge that runs Naukri.com

SoftBank Group's Vision Fund invests over $200 million in PolicyBazaar

The SoftBank Vision Fund, the world's biggest private-equity fund, has also invested in other Indian companies including cab-hailing firm Ola

Policybazaar.com to enter healthcare space; to offer online consultation

As social security support on healthcare services front is either very limited or difficult to access for the general public, the venture aims to redefine the way India seeks quality medical services

Investment bankers estimate IPO value at $1.5 billion: PolicyBazaar

PolicyBazaar offers online marketplace for insurance products while financial products like loans, credit cards are sold through PaisaBazaar

Policybazaar eyes tenfold revenue jump to Rs 10,000 cr by FY20

The company reported turnover of Rs 1,000 cr during year ended March 2016