Friday, May 12, 2017

Policybazaar set to raise Rs 400 crore in 6 weeks

Online insurance policies portal Policybazaar set to raise Rs 400 from its existing investors like PremjiInvest, Tiger Global, Ribbit Capital and Temasek etc.

Also read: Social fitness app Fitso raises $200K

Policybazaar co-founder Yahish Dahiya said, We are looking to raise Rs 400 crore, mostly from existing investors. We are looking to close the fund-raising in the next six weeks. The company would be valued at Rs 2,600 crore.


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