Is PolicyBazaar a Swadeshi Company?
Online insurance aggregator and comparison platform
Frequently Asked Questions
No, PolicyBazaar is not owned by Indians. It is currently owned by SoftBank, Tiger Global, Temasek from Japan, USA, Singapore. SoftBank, foreign investors hold significant stake, publicly traded.
PolicyBazaar was founded in India in 2008 by Yashish Dahiya, Alok Bansal, Avaneesh Nirjar. However, it was acquired by SoftBank, Tiger Global, Temasek in N/A (Investment), making it a foreign-controlled company despite its Indian origins.
No, PolicyBazaar is not a Swadeshi company. Substantial foreign investor ownership, though publicly listed in India
PolicyBazaar is owned by SoftBank, Tiger Global, Temasek from Japan, USA, Singapore. SoftBank, foreign investors hold significant stake, publicly traded. The acquisition took place in N/A (Investment) for $766 million (cumulative).
PolicyBazaar is listed on Indian stock exchanges (NSE/BSE) but has significant foreign ownership.
PolicyBazaar was acquired in N/A (Investment) by SoftBank, Tiger Global, Temasek for $766 million (cumulative).
Foreign investment firms control significant portion of India's largest insurance marketplace
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