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PB Fintech’s first quarterly net profit at Rs 38.05 crore in Q3

PB Fintech’s first quarterly net profit at Rs 38.05 crore in Q3

by AIP Online Bureau | Jan 30, 2024 | Indian News, Intermediaries, Life, Non-Life, Technology

Revenue from operations rose nearly 43 per cent to Rs 871 crore as proceeds from its insurance broker services more-than-doubled Mumbai: PB Fintech, the parent of online insurance aggregator Policybazaar, reported on Tuesday its first quarterly profit since listing,...
India’s PB Fintech posts smaller Q1 loss on loan, insurance demand

India’s PB Fintech posts smaller Q1 loss on loan, insurance demand

by AIP Online Bureau | Aug 7, 2023 | Health, Indian News, Technology

Yashish Dahiya, co-founder of Policybazaar The company’s revenue from operations rose 31.8% to Rs 6.66 billion , with revenue from Policybazaar and Paisabazaar, its core online business, growing 39% to Rs 5.16 billion New Delhi: India’s PB Fintech the...
PB Fintech to wipe out accumulated losses in next four year: CEO

PB Fintech to wipe out accumulated losses in next four year: CEO

by AIP Online Bureau | Jun 12, 2023 | Indian News, Intermediaries, Technology

Yashish Dahiya,PB Fintech chairman and group CEO ”FY24, our hope is EBITDA coming out of core business will be more than enough to cover all investments and overall, as a company, we should be PAT positive for the full year. What we want is Rs 1,000 crore PAT by...
Sebi takes stricter approach in IPO clearance; returns draft paper of 6 cos including Digit

Sebi takes stricter approach in IPO clearance; returns draft paper of 6 cos including Digit

by AIP Online Bureau | Mar 19, 2023 | Eco/Invest/Demography, Indian News, Intermediaries, Non-Life, Regulation

”After the IPO fiasco following the listing of new age digital companies like PB Fintech , (the company behind the digital brand Policybazaar),Paytm, Zomato and Nykaa in which investors lost heavily, Sebi has tightened the approval norms for IPOs. This is...

PB Fintech loss widens to Rs 204 crore in Apr-Jun

by AIP Online Bureau | Aug 11, 2022 | Indian News, Intermediaries, Technology

The company in its financial performance report said that its insurance premium segment grew by 52 per cent to Rs 2,430 crore in June 2022 quarter from Rs 1,594 crore in the June 2021 quarter New Delhi: PB Fintech, the parent firm of online insurance broker...
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