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 (RBI-licensed payment aggregator, live Sep 2026), PB Health (healthcare / hospitals venture), debt securities broking (NSE debt segment)
Unique value
India's largest insurance aggregator with 158.9M+ registered users, 28.1M transacting consumers, 71.6M 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, Digital payments / payment aggregation (PB Pay)
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, SEBI stockbroker registration for NSE debt segment via PB Marketing (INZ000333532, effective May 8, 2026), RBI Payment Aggregator authorisation for PB Pay (Feb 2026)
Notable customers
158.9M registered consumers, 28.1M transacting consumers, 71.6M policies sold through Policybazaar (as of Q1 FY27 / Jun 2026)
Major milestones
2008: Founded as insurance comparison website, 2018: Became unicorn with $238M Series F from SoftBank, 2021: IPO on NSE/BSE raising ₹5,710 Cr, FY25: Achieved profitability (PAT ₹352 Cr), May 2026: SEBI stockbroker registration for NSE debt segment, FY26: Revenue ₹6,794 Cr, PAT ₹670 Cr, Q1 FY27: Revenue ₹1,888 Cr (+40%), PAT ₹163 Cr (+92%), Sep 2026: PB Pay RBI-licensed payment aggregator goes live
Growth metrics
FY26 Revenue: ₹6,794 Cr ($~815M); FY26 PAT: ₹670 Cr ($~80M); Q1 FY27 Revenue: ₹1,888 Cr (+40% YoY), PAT: ₹163 Cr (+92% YoY); Market Cap: ~₹80,000–84,000 Cr (~$9.5–10B); 158.9M registered users; 28.1M transacting consumers; 71.6M policies sold
Market positioning
Market leader in Indian online insurance aggregation; publicly listed mid-cap company (market cap ~₹80,000–84,000 Cr / ~$9.5–10B); profitable since FY25; expanding beyond core insurance into lending, debt brokerage, healthcare (PB Health hospitals), and digital payments (PB Pay).
Geographic focus
India (primary); UAE (international expansion)
Patents and IP
Registered trademarks include POLICYBAZAAR and PAISABAZAAR (India and international, e.g. USPTO Reg. No. 8237351 for POLICY BAZAAR, registered May 5 2026); well-known mark status asserted in Delhi High Court IP enforcement. No prominent public patent portfolio identified.
About Yashish Dahiya
Ex-Illinois Tool Works; Ex-Bain & Co; Ex-First Europa. B.Tech IIT Delhi; PGDM IIM Ahmedabad; MBA INSEAD.
Latest news about PB Fintech
More AI in Fintech companies
Official website: https://www.pbfintech.in
