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PB Fintech

#1838

Rank

$8.95B

Marketcap

IN India

Country

PB Fintech
Leadership team

Mr. Yashish Dahiya (Exec. Chairman & CEO)

Mr. Alok Bansal (Co-Founder & Exec. Vice Chairman)

Mr. Mandeep Mehta (Group Chief Financial Officer)

Products/ Services
Auto Insurance, Commercial Insurance, Finance, Health Insurance, Life Insurance
Number of Employees
1,000 - 20,000
Headquarters
Gurgaon, Haryana, India
Established
2008
Revenue
100M - 500M
Traded as
POLICYBZR.NS
Social Media
Overview
Location
Summary
PB Fintech Limited operates an online platform for insurance and lending products in India. It operates in two segments, Insurance Web Aggregator/Insurance Broker services and Other Services. The company offers Policybazaar, an online platform to buy and sell insurance products, such as health, term, motor, and travel insurance products; savings and investment products; and B2B offerings for consumers and insurance partners. It also provides Paisabazaar, an independent digital lending platform that enables consumers to compare, choose, and apply for personal credit products, including personal, business, and home loans, as well as credit cards and loans against property. In addition, the company offers call center and online healthcare related services; online marketing, consulting, and support services; and support services in motor vehicle claims and related assistance, as well as engages in the online, offline, and direct marketing of insurance products. PB Fintech Limited was incorporated in 2008 and is based in Gurugram, India.
History

Policybazaar.com was founded in June 2008 by Yashish Dahiya, Alok Bansal and Avaneesh Nirjar, starting out as an insurance comparison website. At that time, the Indian insurance industry still lacked transparency and policies were mostly sold through agents. Policybazaar started by listing the details of multiple insurance policies for customers to choose from. It began as a price-comparison website, and an information portal for learning about insurance and insurance programs. The website subsequently expanded to becoming a marketplace for insurance policies. In 2015, Policybazaar launched its app for Android and iOS users.

In February 2020, Sarbvir Singh was appointed CEO effective December 2019 while Yashish Dahiya took over the role of group CEO.In June 2021, Policybazaar obtained the insurance broking license from IRADA and announced that it would setup 100 offline outlets across India. The company also surrendered its web aggregator license.

Mission
Our mission is to provide efficient, reliable and innovative financial services solutions that empower our customers to better manage and secure their finances.
Vision
Our vision is to become the leading financial services company in the world, providing world-class solutions to our customers and delivering an outstanding customer experience.
Key Team

Ms. Rasleen Kaur (Group Head of Corp. Strategy & Investor Relation)

Mr. Puneet Khurana (Group Head of HR)

Ms. Deepti Rustagi (Group Head of Legal & Compliance)

Mr. Manoj Sharma (Deputy Chief Financial Officer)

Mr. Bhasker Joshi (Company Sec. & Compliance Officer)

Recognition and Awards
PBFintech has been recognized for its innovation by numerous industry associations, including the Fintech FinTech Awards, Banking Technology Awards and the Global Financial Awards.
References

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PB Fintech
Leadership team

Mr. Yashish Dahiya (Exec. Chairman & CEO)

Mr. Alok Bansal (Co-Founder & Exec. Vice Chairman)

Mr. Mandeep Mehta (Group Chief Financial Officer)

Products/ Services
Auto Insurance, Commercial Insurance, Finance, Health Insurance, Life Insurance
Number of Employees
1,000 - 20,000
Headquarters
Gurgaon, Haryana, India
Established
2008
Revenue
100M - 500M
Traded as
POLICYBZR.NS
Social Media