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PolicyBazaar is an insurance aggregator and a fintech startup that helps users to compare financial services from major insurance companies on the basis of price, quality, and key benefits.
Basic Information
PolicyBazaar is an insurance aggregator and a fintech startup that help users to compare financial services from major insurance companies on the basis of price, quality, and key benefits. Its insurance comparison portal and mobile application provides information across products such as medical, term life, travel or motor insurance, low prices ULIPs, and other investment products, enabling consumers to compare and analyse financial products. Based on user inputs, various options in the desired insurance product are showcased to him/her. To facilitate the user understanding of the products, there are special segments like “knowledge.policybazaar” and “ask.policybazaar”. Under these segments, customer queries are answered and information about new insurance products and trends are shared with the users.
Legal Name
:
Policybazaar Insurance Web Aggregator Private Limited
Headquarters
:
Delhi NCR, Delhi, India
Business Model
:
B2C,  B2B  
Founding Date
:
Jun 2008
No. of Employees
:
1000+
Core Team
:
1.  
Yashish Dahiya
Chief Executive Officer
2.  
Alok Bansal
Co-founder & CFO
3.  
Tarun Mathur
Co-Founder & Chief Business Officer
4.  
Rahul Agarwal
Chief Technology Officer

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Funding

Total Funding

$627.4M

Investors
:
1.  
Wellington Management
2.  
SoftBank Vision Fund
3.  
PremjiInvest
4.  
Tencent Holdings

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Detail Round Breakdown
Round 1
Round 2
Round 3
Round 4
Round 5
Round 6
Round 7

$40M

Series Name
:
SERIES-D
Date
:
15th Apr 2015
Investors
:
1.  
PremjiInvest
2.  
Tiger Global Management
3.  
Ribbit Capital