Insurance Aggregator Policybazaar To Raise INR 350 Cr From Parent Entity
The well-known insurance aggregator Policybazaar is about to receive a substantial cash infusion of INR 350 Crores ($42 million) from its parent firm, PB Fintech Ltd., in a major development for the financial sector. This is a calculated move with ramifications for all parties involved and the insurance industry as a whole.
Source: techstory.in