It became a direct insurance broker on June 10, 2021, from a web aggregator as web aggregator license had limitations on commissions and offline sales ability.
Considering multiple growth drivers and leadership position of Policybazaar in the digital ecosystem, investors should look to invest in the IPO for listing as well for long term gains,” said KR Choksey Research.
PB Fintech posted a consolidated loss of Rs 150.24 crore for the financial year FY21, much lower compared to a loss of Rs 304.03 crore seen in FY20.