PB Fintech’s stock surged over 4% after CEO Yashish Dahiya announced plans for a $100 million investment to acquire a 30% stake in a new healthcare company, pending board approval. This strategic move aims to address the significant gap between healthcare costs and affordability for the average Indian.
Brokerage firm Bernstein has maintained an ‘outperform’ rating for PB Fintech, setting a…
Founded in 2008 by Yashish Dahiya, PolicyBazaar has transformed the Indian insurance landscape by offering a platform that prioritizes transparency, comparison, and customer-centric solutions. As India’s leading online insurance aggregator, PolicyBazaar has played a pivotal role in reshaping how individuals purchase and manage insurance.
The Problem with Traditional Insurance Sales
Historically…
Hospitality giant Oyo has documented its draft distraction outline or DRHP with SEBI along with details of its much-awaited Initial Public Offering (IPO). The SoftBank-backed company is slated to raise Rs 8,430 crore in the upcoming public deal constituting a fresh issue of Rs 7,000 crore and a proposal for sale (OFS) of Rs 1,430 crore.
SoftBank Vision Fund will be the greatest beneficiary of the…
ixigo has raised $53 million through a mix of essential and auxiliary issuance of offers from financial backers, driven by the Singapore sovereign wealth fund GIC, in front of its proposed first sale of stock, as indicated by an administrative recording.
Aside from GIC, other financial backers incorporate Infoedge Venture Funds, White Oak, Bay Capital, Orios Venture Partners, Trifecta Capital, and…
PB Fintech, the parent organization of online protection marketplace Policybazaar, is meaning to raise around Rs 6,500 crore through a first sale of stock (IPO), CNBC TV18 provided details regarding July 20, refering to a RoC documenting.
The organization had gotten endorsement for IPO at the Extraordinary General Meeting (EGM) hung on July 5.
The administrative recording additionally showed that…
India’s internet new companies pioneers that work business going from food conveyance, online business to online protection are presently on the cusp of posting, a report said putting their consolidated an incentive at USD 180 billion by 2025.
“The developing scale and development of India’s web economy is beginning to make more esteem and venture openings. More than USD 60 billion has been…
