Policybazaar IPO creates wealth of INR 3,435 Cr for founders & top employees
Image Credit: economic times
P.B Fintech, the parent company of Policybazaar and Paisabazaar, went for listing today as its shares soared 22% on their market debut. P.B. Fintech is the third fintech startup after Paytm and Fino Payments which have listed on the public market. The founders and top employees of PB Fintech will be making a total of INR 3,435 Cr through their shareholding or vested stock options.