Policybazaar

Policybazaar parent PB Fintech to set up healthcare entity

Policybazaar parent PB Fintech to set up healthcare entity

05 Dec 2024, 16:09 PM

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, 16:37 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

08 Nov 2024, 00:18 AM

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

05 Nov 2024, 02:49 AM

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

05 Nov 2024, 02:24 AM

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, 23:31 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. Paytm financials: FY25 revenue dips 31% to Rs 6900 crore; loss narrows 50%

  2. General Catalyst leads $218 million seed round in PB Fintech's healthcare unit

  3. Fino Bank reports growth in FY25 revenues, net profit

  4. Kaleidofin raises $5.3 million round led by IDH Farmfit Fund

  5. FM Nirmala Sitharaman asks NPCI to address infra gaps to curb UPI outages
  6. Read more highlights...

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