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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.

Who Reads Us

Fintech Highlights

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  2. Mettle Capital, floated by former Peak XV execs, targets $350-400 million for debut fund

  3. ED raids payment aggregator Pay10 premises in PMLA probe

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  5. Lighthouse Canton rolls out Rs 1,200 crore private credit fund
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AI/Emerging Tech

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  2. Zoho invests Rs 70 crore in ONDC

  3. Fractal Q4 FY26 revenue from operations up 17% to Rs 886 crore

  4. Flo Mobility bags pre-Series A funding co-led by Mela Ventures, Arali

  5. Fi cofounder Sumit Gwalani launches stealth AI venture for enterprises
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IPO Tales

  1. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

  2. Shiprocket IPO: A profitable core, costly emerging bets

  3. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  4. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor
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Money & Machines

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  2. The Slice transition; Spyne's R&D obsession

  3. The fintech crackdown continues; The ROI paradox in AI

  4. 'Guilty, until proven innocent'; The ARR illusion
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PE/VC Tales

  1. Zetwerk-backer Kae Capital sees more exits in next 12 months, says AI startup valuations high

  2. Micro VCs: Fueling India's startup pipeline or distorting it?

  3. Inside the fintech and financial services bets of Peak XV, Accel, Elevation

  4. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund
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Editor's Pick

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