Policybazaar

IRDAI imposes Rs 5 crore fine on Policybazaar for regulatory violations

IRDAI imposes Rs 5 crore fine on Policybazaar for regulatory violations

05 Aug 2025, 12:44 PM

A major violation involved the company's failure to inform regulators about key leadership personnel holding board positions at other firms.

SiMa.ai raises $85 million led by Maverick Capital

SiMa.ai raises $85 million led by Maverick Capital

01 Aug 2025, 21:48 PM

SiMa.ai founder and CEO Krishna Rangasayee said the funding will fuel the company's global expansion and accelerate the scale-up of its Physical AI.

PB Fintech revenue slips sequentially to Rs 1348 crore in Q1 FY26

PB Fintech revenue slips sequentially to Rs 1348 crore in Q1 FY26

01 Aug 2025, 14:20 PM

According to its consolidated financial results, PB Fintech reported a 50% quarter-on-quarter decline in net profit.

QpiAI raises $32 million in Series A funding

QpiAI raises $32 million in Series A funding

17 Jul 2025, 18:16 PM

The fresh capital will be used to boost the delivery of its utility-scale quantum computer and for global expansion.

Voice AI startup Navana.ai bags pre-Series A funding

Voice AI startup Navana.ai bags pre-Series A funding

16 Jul 2025, 11:29 AM

The round also saw participation from prominent angel investors including Ajay Agarwal, Ronnie Screwvala, and Sandeep Singhal.

Credit Wise Capital secures Rs 200 crore funding led by Trident Growth Partners

Credit Wise Capital secures Rs 200 crore funding led by Trident Growth Partners

09 Jul 2025, 11:39 AM

The fresh capital will help the company boost its secured loan portfolio, strengthen its proprietary SaaS lending platform and expand its presence in underserved regions.

Morgan Stanley sells Rs 18 crore worth shares in Policybazaar parent

Morgan Stanley sells Rs 18 crore worth shares in Policybazaar parent

03 Jul 2025, 16:26 PM

The development comes few days after PB Fintech co-founders Yashish Dahiya and Alok Bansal dumped Rs 900 crore worth of shares.

PB Fintech co-founders sell over Rs 900 crore worth of shares

PB Fintech co-founders sell over Rs 900 crore worth of shares

27 Jun 2025, 11:13 AM

Following the transaction, PB Fintech's Yashish Dahiya's stake dropped from 4.31% to 3.57%, while Alok Bansal’s holding declined to 1.04% from 1.40%.

Agri loan startup Arya.ag appoints ex-Indifi exec as group CFO

Agri loan startup Arya.ag appoints ex-Indifi exec as group CFO

06 Jun 2025, 10:45 AM

Priyanka Seth Wadhera has also held senior roles at Clix, Barclays, Religare, Citi, and PwC.

MSME lender Saarathi Finance raises Rs 350 crore in funding

MSME lender Saarathi Finance raises Rs 350 crore in funding

29 May 2025, 16:05 PM

TVS Capital Funds, Lok Capital, Evolvence Equity Partners, Paragon Partners, and other angels collectively invested about Rs 350 crore in the NBFCs.

Policybazaar parent posts Rs 4977 crore revenue and Rs 345 crore profit in FY25

Policybazaar parent posts Rs 4977 crore revenue and Rs 345 crore profit in FY25

19 May 2025, 15:35 PM

The Gurugram-based company generated the largest share of its operating revenue from insurance broker services, which rose to Rs 4,298 crore in FY25.

MobiKwik

MobiKwik's Zaakpay gets final nod from RBI to operate as payment aggregator

30 Apr 2025, 22:32 PM

In October 2023, the firm had received in-principle authorization from the RBI to operate as a payment aggregator.

PB Fintech invests Rs 539.4 crore in healthcare unit

PB Fintech invests Rs 539.4 crore in healthcare unit

25 Apr 2025, 17:45 PM

Following this round, PB Fintech’s holding in PB Healthcare will decline from 100% to 32.14% due to the entry of external investors.

PB Fintech gets RBI

PB Fintech gets RBI's in-principle nod to operate as payment aggregator

16 Apr 2025, 11:41 AM

In March 2024, the company announced incorporation of a wholly owned subsidiary under the name of 'PB Pay' to carry on the business of payment aggregator.

Juspay raises $60 million funding led by Kedaara Capital

Juspay raises $60 million funding led by Kedaara Capital

07 Apr 2025, 17:24 PM

Existing investors Softbank and Accel Partners also participated in this round.

Fintech Highlights

  1. Payments Council of India reappoints CCAvenue's Vishwas Patel as chairperson

  2. Avanse Financial Services raises $200 million in debt via ECB

  3. Motilal Oswal Mutual Fund hikes stake in Paytm

  4. Kiwi raising Series B funding led by Vertex

  5. Kissht files draft paper for IPO, eyes Rs 1,000 crore via fresh issue
  6. Read more news...

AI/Emerging Tech

  1. Robotics startup FieldAI raises $405 million from Nvidia's VC arm, others

  2. Meta hits pause on hiring for AI division

  3. HDFC Bank invests in conversational AI company CoRover

  4. Nvidia developing new, more powerful AI chip than H20 for China

  5. OpenAI launches new subscription plan in India at Rs 399 per month

  6. Read more news...

Editor's Pick

  1. Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

  3. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality