Policybazaar: A Journey From A Scrappy Startup To A Successful IPO

Policybazaar, India’s largest platform for examining, comparing, and purchasing insurance dependent on price, quality, and a very well-known insurance aggregator...

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Policybazaar, India’s largest platform for examining, comparing, and purchasing insurance dependent on price, quality, and a very well-known insurance aggregator. The company was established in June 2008 by Yashish Dahiya, Alok Bansal, and Avaneesh Nirjar. It gives a computerized stage (website and application) where clients look at monetary administrations from significant insurance agencies.

The company is India’s largest insurance aggregator and has extended its reach to the United Arab Emirates. Policybazzar faced many problems in the startup journey but they never gave up which resulted in the companies success. So in this video by Hustle TV, you will get to know about Policybazaar journey from scrappy startup to IPO.

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Today PolicyBazaar’s valuation stands more than $2.5 billion. The company has raised a total of more than $780 million in 14 rounds from 22 financial backers. In the most recent round, the organization raised around $13.4 million (Rs 99.9 crores) from its parent, PB Fintech on October 4, 2021, prior to its upcoming IPO round.

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