Policybazaar

Policybazaar

Policybazaar is a company operating as an insurance aggregator website. It provides comparative analysis of insurance products and financial services from insurance companies.

Policybazaar is an insurance technology company offering an online platform for comparing insurance and financial products being offered by insurance companies that is headquartered in Gurgaon, Haryana, India and was founded in 2008 by Alok Bansal and Yashish Dahiya.

Funding

Series A

In May 2013 Policybazaar completed their series A funding round with $4.6 million in funding from Intel Capital, Infoedge, and Inventus Capital Partners.

Series B

On April 8, 2013 Policybazaar completed their series B funding round with $5 million in funding from Inventus Capital Partners (lead investor), Intel Capital, and Info Edge.

Series C

On May 26, 2014 Policybazaar completed their series C funding round with $20 million in funding from Tiger Global Management.

Series D

On April 15, 2015 Policybazaar completed their series D funding round with $40 million in funding from Premjilnvest (lead investor), Tiger Global Management, Steadview Vapital, and ABG Capital.

Series F round 1

On May 1, 2018 Policybazaar completed their first series F funding round with $200 million in funding from SoftBank Vision Fund (lead investor), Temasek Holdings, and Info Edge.

Series F round 2

On May 6, 2019 Policybazaar completed their second series F funding round with $152 million in funding from SoftBank Vision Fund (lead investor), Startup Holding, True North Companies, and Info Edge.

Timeline

November 2019

Policybazaar raises a $189,000,000 series G round from SoftBank Group and Tencent.

2008

Policybazaar was founded.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
2 Results
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People

Name
Role
LinkedIn

Alok Bansal

Co-Founder

Yashish Dahiya

Co-Founder

Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Bloomberg
July 20, 2020
@bsindia
The start-up plans to secure about $250 million in a round of financing at a $2 billion-plus valuation before a September 2021 initial public offering
Samreen Ahmad
February 22, 2020
@bsindia
Inventus, along with venture fund Kitven, had led a $1.4-million Series A round in the start-up last month

References

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