Several global investment firms recently acquired stakes in PB Fintech, the parent company of Policybazaar and Paisabazaar, from its early backers.
This acquisition highlights the growing confidence of international investors in the Indian fintech market. Policybazaar, a leading online platform for insurance and lending products in India, has shown significant growth and market penetration since its inception. The transaction is part of PB Fintech's strategy to expand its footprint and enhance its technological infrastructure, aiming to offer more comprehensive financial services to its customers.