PolicyBazaar shares worth INR3Cr available for investment

By Reet
Posted On: 11 / Oct / 2021
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Deal Details

Annual

Deal Type

Sell (Strategic Investors)
Maximum Loan

Industry

Insurance
Charge

Deal Status

Active

Deal Description

We are looking for people who are keen to invest in shares of PolicyBazaar PolicyBazaar is India’s largest aggregator and marketplace of all insurance products. PolicyBazaar helps customers in researching and comparing various insurance policies, helping them in making an informed decision. It offers everything from life insurance, health insurance, motor insurance and other insurance such as travel insurance and group insurance etc. Currently PolicyBazaar has 50 % market share in the online insurance space, it also claims a 25% market share of India's life insurance cover and around 7% of India's retail health insurance business. PolicyBazaar has hosted over 126 million visits a year to their platform seeking information on insurance. That is almost 5 times the population of Australia! Existing investors are :- 1. Bay Capital (UK) 2. True North 3. Tencent 4. Tiger Global 5. Premji Invest 6. Temasek 7. Info Edge India Ltd 8. Ribbit Capital

No Files Attached

Deal Value
₹ 3 Crore
Targeted Region
Americas

Revenue

2019-20
Undisclosed
2020-21
Undisclosed
2021-22
Undisclosed
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