Policybazaar

PhonePe plans to surrender account aggregator (NBFC-AA) licence

PhonePe plans to surrender account aggregator (NBFC-AA) licence

07 Feb 2025, 17:01 PM

The fintech giant plans to exit the account aggregator (AA) space, and said it will partner with other AAs.

Policybazaar patent PB Fintech posts 95% jump in Q3 profits to Rs 72 crore

Policybazaar patent PB Fintech posts 95% jump in Q3 profits to Rs 72 crore

03 Feb 2025, 11:13 AM

Insurance broking remained majority revenue driver at Rs 1,132 crore during Q3 FY25 from Rs 697 crore in Q3 FY24.

Agri-tech lender Arya.ag secures $30 million debt via GuarantCo

Agri-tech lender Arya.ag secures $30 million debt via GuarantCo

24 Jan 2025, 10:54 AM

GuarantCo, funded by governments of the UK, Switzerland, Australia, and Sweden, provided two partial guarantees to HSBC India for the loan given to Arya.ag.

Policybazaar parent PB Fintech to set up healthcare entity

Policybazaar parent PB Fintech to set up healthcare entity

05 Dec 2024, 11:39 AM

PB Fintech will subscribe to 50,000 shares at a face value of Rs 10 per share aggregating to Rs 5 lakh, and will retain 100% ownership of the proposed entity.

Cashfree pilots cross-border payments with Swiggy, Nykaa, others

Cashfree pilots cross-border payments with Swiggy, Nykaa, others

11 Nov 2024, 12:07 PM

The Bengaluru-based company is "piloting with half a dozen sizable merchants that will be over by the end of this year."

Policybazaar parent PB Fintech sees QoQ decline in net profit

Policybazaar parent PB Fintech sees QoQ decline in net profit

07 Nov 2024, 19:48 PM

The company posted a net profit of Rs 51 crore in the September quarter compared to Rs 60 crore profit recorded in the June quarter.

Finova Capital raises $135 million in Series E

Finova Capital raises $135 million in Series E

04 Nov 2024, 22:19 PM

Existing investors Norwest Venture Partners, Peak XV Partners, Faering Capital, and Maj Invest also doubled down in the round.

Insurance Dekho, RenewBuy eye merger to compete with PolicyBazaar

Insurance Dekho, RenewBuy eye merger to compete with PolicyBazaar

04 Nov 2024, 21:54 PM

This announcement follows InsuranceDekho’s recent acquisition of a composite insurance broking license from IRDAI.

Ebix-owner Eraaya suspends chairman Robin Raina; initiates investigation

Ebix-owner Eraaya suspends chairman Robin Raina; initiates investigation

27 Sep 2024, 20:01 PM

Eraaya’s Board unanimously voted to investigate alleged financial irregularities and suspended Ebix chairman Robin Raina from all roles, pending inquiry.

Fintech Hightlights

  1. Sachin Bansal-led Navi eyes IPO in second half of FY26

  2. InCred buys Dubai-based financial advisory firm Arrow Capital

  3. Paytm Money pays Rs 45.50 lakh fine to settle case with Sebi

  4. Lizzie Chapman quits Reliance-backed API infra company Swiffy Labs

  5. Zeta raises $50 million at a valuation of $2 billion
  6. Read more highlights...

Editor's Pick

  1. Decoding Stashfin: Business, funding, and culture struggles — can Paytm veteran turn it around?

  2. The curious case of Jammu-Based NBFC, 'Mahashakti Financiers'

  3. Inside the BharatPe-Ashneer Grover Settlement: Unveiling the Behind-the-Scenes Drama