Larry-martin

Hi Friends, My Name Is Larry Martin, I Am From Las Angeles US. I Like To Use Social Media Network. On A Mission To Inspire New Person Everyday To Increase Knowledge.

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Siddharth Mehta, founder and CIO of Bay Capital, said PB Fintech has transformed the way insurance is bought in India.

Leading online insurance policy aggregator Policybazaar.com has got a capital boost from investment management firm Bay Capital, ahead of its initial public offering (IPO) in the next 12-15 months.

Siddharth Mehta, founder and CIO of Bay Capital, said PB Fintech has transformed the way insurance is bought in India. “Customer centricity has been the heart of their proposition and has helped them become the platform of choice for customers,” he said.

Yashish Dahiya, founder and Group CEO of PB Fintech, said Bay Capital is a long-term investor and the company sees them playing a key role as Policybazaar heads towards the public markets in the next 12-15 months.

India focussed Bay Capital has invested in areas such as consumer, digital, finance, outsourcing and health.

Among others, Policybazaar.com has investors of the likes of Info Edge, Premji Invest, Temasek, Ribbit Capital, Chiratae, Inventus Capital Partners, True North, Tiger Global, Wellington and Steadview. PB Fintech also holds Paisabazaar.com, which is an online credit comparison portal. 

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"Bay Capital has completed a secondary transaction, ahead of the insurance aggregator's plans to launch an IPO in the next 12-15 months," Bay Capital said on Wednesday.

Siddharth Mehta, founder and CIO of Bay Capital, said PB Fintech has transformed the way insurance is bought in India. “Customer centricity has been the heart of their proposition and has helped them become the platform of choice for customers,” he said.

Bay Capital, which manages money on behalf of institutions and endowments from the US and the Europe, has infused an undisclosed sum into the parent company PB Fintech of Policybazaar.com.

PB Fintech had attained the status of a unicorn in 2018 when it raised USD 200 million in a Series-F round led by Japan’s Softbank. 

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Top Litigators List -  AJAY KHAITAN, KEITH BRANDT, CAVINDER BULL, SC, DOMINIC GEISER

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Top Litigators List -

AJAY KHAITAN

KEITH BRANDT

CAVINDER BULL, SC

DOMINIC GEISER

ANDI KADIR

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AJAY KHAITAN

KEITH BRANDT

CAVINDER BULL, SC

DOMINIC GEISER

ANDI KADIR

TONY DONGWOOK KANG

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India Times - Ajay Khaitan | Hyderabad News - Times of India