PB Fintech has invested Rs 539.40 crore in the subsidiary -- PB Healthcare Services. This investment is a part of the first tranche of seed funding round wherein PB Fintech and external investors are investing upto Rs 1461.60 crore in subsidiary. The investment is intended to strengthen the financial position of the subsidiary and support its growth plans.
The dilution in shareholding is a strategic decision to bring in external investors and create an ESOP pool to attract and retain talent. The investment has been completed on April 24, 2025. After the proposed investments, PB Fintech would be holding upto 32.14% on a fully diluted basis.
Earlier, the company’s board had approved an investment for an aggregate amount of up to Rs 696 crore in PB Healthcare Services by way of subscribing or purchasing its Equity Shares or Compulsory Convertible Preference Shares during the financial year 2025-26.
PB Fintech is the parent entity of Policybazaar, India's leading online platform for insurance and lending products. The company provides convenient access to insurance, credit, and other financial products and aims to create awareness in India about the financial impact of death, disease, and damage.
