But the Policybazaar group has survived and thrived. The 13-year-old entity recently filed for an IPO to raise INR 6,000 Cr, reportedly at a $5 Bn – $6 Bn valuation. According to Frost ...
PB Fintech has also received approval for IPO at the Extraordinary General Meeting (EGM) held on July 5. The latest details about PolicyBazaar’s ₹6,500 crore IPO was first reported by CNBC TV18.
The price band for PolicyBazaar ’s IPO was set at ₹940-₹980. The company’s market cap stood at ₹51,692 crore ($6.9 billion) at 9.47 a.m. It will use the proceeds from the public issue to ...
Also Read: PB Fintech, Policybazaar's parent firm, gets Sebi approval for Rs 6,017-cr IPO As per the regulatory filing, VISPL had a turnover of Rs 23 lakh for FY19, Rs 1.8 lakh for FY20 ...
Ajit Mishra - SVP, Research, Religare Broking Ltd. New-age companies in India, such as Zomato, Nykaa, and PolicyBazaar, have ...
The company has invested in numerous companies over the years including in Mumbai-listed Zomato and Policybazaar, and privately held ... its long fund cycle and supports companies up to pre-IPO stage, ...
The Indian Internet IPO rush will give retail investors their first taste of the new economy as unicorns such as Zomato, Policybazaar, Nykaa and Delhivery firm up plans for a public listing.