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PB Fintech Ltd, popularly known asPolicy Bazaris India’s largest online platform for insurance and lending products through its flagship brands - Policybazaar and Paisabazaar platform through which they provide convenient access to insurance, credit and other financial products
PB Fintech is sending its 18th Annual General Meeting notice and FY26 Annual Report to shareholders. Investors can access these documents online.
PB Fintech's subsidiary, Policybazaar, received an IRDAI advisory and show cause notice following an inspection regarding documentary and process matters. The company states there's no material financial impact and will respond to the authority.
POLICYBZR invested 13 Cr in its wholly-owned subsidiary, PB Pay, from an approved 20 Cr. This strengthens PB Pay's online payment aggregation business, which holds RBI authorization to operate, aiding expansion and capital needs.
PB Fintech will invest ₹20 Cr into wholly-owned PB Pay for payment aggregation business. It's expanding globally by forming two new Dubai step-down subsidiaries: Policybazaar Financial Advisors (~₹4 Cr) for insurance advice and PB Re Brokers (~₹5 Cr) for reinsurance.
PB Fintech invested ₹5 Cr in its wholly-owned subsidiary, PB Marketing, to boost its capital. This enables PB Marketing to meet net worth requirements for operating as a stockbroker and depository participant, signaling expansion into new financial services.