# PB Fintech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pb-fintech

- Industry: Insurance
- Headquarters: Gurgaon, India
- Website: www.policybazaar.com
- Total disclosed funding: $504M
- Latest round: Series H (Jul 7, 2020)
- Investors on record: 15

## About

Founded in 2008 and based in Haryana, India, Policybazaar Insurance Brokers Private Limited (Policy Bazaar), aka PB Fintech, operates as an online insurance technology platform for consumers. In April 2024, Capital Group and New World Fund acquired additional stakes in PB Fintech for INR 50.4 billion.
 

PB Fintech provides an online platform that offers consumers insurance policy claims for life, health, general insurance, and investment policy plans. The firm also offers car and travel insurance, allowing consumers to file for new claims or renew their existing insurance policies.

## Funding rounds

- Series H, Jul 7, 2020, $50M — SB Investment Advisers
- Series G, Nov 11, 2019, $149M — Tencent Investment
- Series F, May 6, 2019, $153M — True North, Info Edge (India) Limited, SB Investment Advisers
- Series E, Oct 13, 2017, $77M — Temasek Holdings, True North, IDG Capital, Wellington Management, Tiger Global Management, PremjiInvest, Burman Family Holdings
- Series D, Apr 14, 2015, $40M — Tiger Global Management, PremjiInvest, Ribbit Capital, Steadview Capital Management, ABG Capital
- Series C, May 26, 2014, $20M — Tiger Global Management
- Series B, Apr 8, 2013, $5M — Intel Capital, Inventus Capital Partners, Info Edge (India) Limited
- Series B, Apr 21, 2011, $8.9M — Intel Capital, Info Edge (India) Limited

## Investors

- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series B
- Info Edge (India) Limited — Series B, Series F
- Inventus Capital Partners (https://capitalatlas.ai/funds/inventus-capital-partners) — Series B
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series C, Series D, Series E
- PremjiInvest (https://capitalatlas.ai/funds/premjiinvest) — Series D, Series E
- Ribbit Capital (https://capitalatlas.ai/funds/ribbit-capital) — Series D
- Steadview Capital Management (https://capitalatlas.ai/funds/steadview-capital-management) — Series D
- ABG Capital — Series D
- Temasek Holdings — Series E
- True North (https://capitalatlas.ai/funds/true-north) — Series E, Series F
- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series E
- Wellington Management (https://capitalatlas.ai/funds/wellington-management) — Series E
- Burman Family Holdings — Series E
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series F, Series H
- Tencent Investment — Series G