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PB Fintech

Category: AI in Fintech

India's largest online platform for insurance and lending products, operating through flagship brands Policybazaar and Paisabazaar, and publicly listed on NSE/BSE. PB Fintech was founded in 2008. The company is led by Yashish Dahiya. Based in Gurugram, Haryana, India. Team size: 1000+. Total funding raised: $443M. Latest round: IPO. Key investors include SoftBank Vision Fund; Info Edge; Tencent; Tiger Global Management; Premji Invest; Temasek; Intel Capital; Inventus Capital Partners; True North; IDG Ventures / Chiratae; Wellington Management; Ribbit Capital; Falcon Edge / Alpha Wave; Steadview Capital.

Founded
2008
Headquarters
Gurugram, Haryana, India
Team size
1000+
Total funding
$443M

Value proposition

Provides a transparent, digital-first marketplace for comparing and purchasing insurance policies and credit products, leveraging data analytics to help consumers make informed financial decisions while offering insurers and lenders an efficient customer acquisition channel.

Products and solutions

Policybazaar (insurance comparison & broking platform); Paisabazaar (digital lending marketplace); PB Partners (distribution network); Policybazaar UAE (international expansion); Policybazaar for Business (corporate insurance); PB Pay (payments); PB Health (healthcare venture)

Unique value

India's largest insurance aggregator with 120M+ registered users, 23M transacting consumers, 59M policies sold, and partnerships with 51 insurers and 54+ banks/NBFCs — all through an asset-light, data-driven platform.

Target customer

Indian consumers seeking insurance (life, health, motor, travel) and credit products (personal loans, credit cards, home loans, business loans); also serves corporate clients and insurer/lending partners.

Industries served

Insurance (life, health, motor, travel, home, corporate); Lending (personal loans, business loans, credit cards, home loans); Debt securities brokerage (new)

Technology advantage

Data analytics and AI-driven insights for product comparison and personalized recommendations; asset-light capital strategy; strong brand recognition (Policybazaar); network effects from large user base; partnerships with 51+ insurers and 54+ lenders; pan-India offline expansion via PB Partners.

How they differentiate

Largest scale in Indian insurtech with dominant market share (~25% of India's life insurance and ~7% of retail health cover processed through platform); publicly listed with strong brand trust; diversified across insurance and lending; expanding into debt brokerage and healthcare.

Main competitors

Turtlemint; InsuranceDekho; RenewBuy; Coverfox; BankBazaar; Acko (D2C insurer)

Key partnerships

51+ insurance company partners (including HDFC Life, ICICI Prudential, SBI Life, Max Life, Bajaj Allianz, New India Assurance, etc.); 54+ banks/NBFCs/fintech lenders for Paisabazaar; NSE debt segment stockbroking license (2025)

Notable customers

120.2M registered users; 23M transacting consumers; 59M policies sold through Policybazaar

Major milestones

2008: Founded as insurance comparison website; 2018: Became unicorn with $238M Series F from SoftBank; 2021: IPO on NSE/BSE raising ₹5,710 Cr; FY25: Achieved profitability (PAT ₹352 Cr); 2025: Received SEBI license for debt segment stockbroking; FY26: Revenue ₹6,794 Cr, PAT ₹670 Cr

Growth metrics

FY26 Revenue: ₹6,794 Cr ($~815M); FY26 PAT: ₹670 Cr ($~80M); Market Cap: ~₹76,000 Cr (~$9B); 120M+ registered users; 23M transacting consumers; 59M policies sold

Market positioning

Market leader in Indian online insurance aggregation; publicly listed mid-cap company (market cap ~₹76,000 Cr / ~$9B); profitable since FY25; expanding beyond core insurance into lending, debt brokerage, and healthcare.

Geographic focus

India (primary); UAE (international expansion)

About Yashish Dahiya

Ex-Illinois Tool Works; Ex-Bain & Co; Ex-First Europa. B.Tech IIT Delhi; PGDM IIM Ahmedabad; MBA INSEAD.

Official website: