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Policybazaar

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Policybazaar.com
File:Policybazaar.png
Type
Private
IndustryFinance
Founded 📆2008
Founder 👔Yashish Dahiya
Alok Bansal
Avaneesh Nirjar
Headquarters 🏙️Gurgaon, India
Area served 🗺️
ServicesInsurance comparison services
Members
Number of employees
Website[Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] 
address
telephone

Policybazaar is an Indian insurance comparison shopping website founded in 2008 and headquartered in Gurugram, India.[1][2]

History[edit]

The company was founded by Yashish Dahiya, Alok Bansal and Avaneesh Nirjar.

PolicyBazaar raised Rs 119 crore (20 million dollars) in its Series C round of funding in mid 2014. The company has a post money valuation of approximately 100 million dollars.[3] In March 2015 the company raised Rs 300-crore financing from PremjiInvest and Steadview Capital.[4][5] In October 2015 Infoedge transferred its entire shareholding in Policybazaar.com to MakeSense Technologies for Rs 101.30 crore.[6]

See also[edit]

  • Insurance in India
  • List of insurance companies in India

References[edit]

  1. Sharma, Samidha. "PolicyBazaar eyes $1.5 billion value in IPO - Times of India". The Times of India.
  2. Dharmakumar, Rohin (13 September 2013). "IRDA Could Stifle Online Insurance Aggregators". Forbes India. Retrieved 14 October 2015.
  3. "Online insurance policy aggregator PolicyBazaar raises $20M more, valued around $100M - VCCircle". vccircle.com.
  4. Verma, Shrutika (25 December 2014). "PremjiInvest to fund Policybazaar.com". Livemint. Retrieved 14 October 2015.
  5. Sharma, Samidha (9 March 2015). "PolicyBazaar to raise Rs 300 crore at valuation of Rs 1,200 crore". Times of India. TNN. Retrieved 14 October 2015.
  6. Sarkar, Pooja (13 October 2015). "Infoedge allocates policybazaar shares to Temasek". Livemint. Retrieved 14 October 2015.


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