Policybazaar

smallcase raises $50 million led by Elev8 Venture Partners

smallcase raises $50 million led by Elev8 Venture Partners

28 Mar 2025, 16:55 PM

The round also saw participation from State Street Global Advisors, Niveshaay AIF, Faering Capital, and Arkam Ventures.

RBI invites applications for SRO in account aggregator space

RBI invites applications for SRO in account aggregator space

17 Mar 2025, 14:46 PM

In its notification, the central bank said that the interested parties should apply through the PRAVAAH portal before June 15.

Policybazaar parent PB Fintech to invest Rs 696 crore in healthcare arm

Policybazaar parent PB Fintech to invest Rs 696 crore in healthcare arm

12 Mar 2025, 16:11 PM

PB Fintech would be holding up to 33.63% of PB Healthcare on a fully diluted basis.

Neobanking platform Jupiter sees senior-level exits amid cost-cutting drive

Neobanking platform Jupiter sees senior-level exits amid cost-cutting drive

12 Mar 2025, 15:54 PM

Prithvi Raj Tejavath, business head - investments, Vivek Agarwal, operations platform head - investments, and Aastha Sood, director-products have resigned from the Bengaluru-based fintech.

PB Fintech

PB Fintech's Yashish Dahiya settles insider trading case with Sebi

05 Mar 2025, 17:42 PM

PB Fintech, parent entity of Policybazaar and Paisabazaar, has settled a case of alleged insider trading with Sebi by paying Rs 9.4 lakh as settlement amount.

Restructuring at PB Fintech: Naveen Kukreja steps down as Paisabazaar CEO

Restructuring at PB Fintech: Naveen Kukreja steps down as Paisabazaar CEO

28 Feb 2025, 10:34 AM

Santosh Agarwal, who is currently the chief business officer of life insurance at Policybazaar, will take over as Paisabazaar CEO.

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.

Fintech Hightlights

  1. Groww gets CCI approval to issue bonus shares to Peak XV, Tiger Global, others

  2. MobiKwik reports Rs 1.26 crore fraud by ex-employee

  3. smallcase raises $50 million led by Elev8 Venture Partners

  4. Fintech infra firm OneStack raises $2 million in Series A

  5. Fintech NBFCs sanctioned 8.3 crore loans worth Rs 81,365 crore between Apr-Dec 2024
  6. Read more highlights...

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