Founders Move to Liquidate Shares Co-founders of PB Fintech, the parent company of India’s leading insurance aggregator Policybazaar, have initiated a secondary share sale valued at approximately ₹654 crore through a block deal scheduled for Friday. This strategic divestment comes on the heels of a strong quarterly performance for the company, signaling a continued trend…
Strategic Divestment in Fintech Leadership Co-founders of PB Fintech, the parent company of PolicyBazaar, have launched a significant share sale valued at approximately ₹653.6 crore through a block deal transaction this week. The move involves the divestment of up to 3.8 million shares, accounting for roughly 0.8 percent of the company’s total outstanding equity. Contextualizing…
Founders Set Stage for Secondary Market Transaction PB Fintech Ltd, the parent company of Policybazaar, is set to witness a significant block deal as founders Yashish Dahiya and Alok Bansal prepare to divest a combined 0.8% stake in the firm. Sources familiar with the development indicate the transaction is priced at ₹1,720 per share, reflecting…
