PolicyBazaar close to finalising bankers for IPO at $3.5 Bn valuation
Image Credit: shortpedia
Delhi NCR-based insurance and financial services aggregator PolicyBazaar is reportedly preparing to list publicly via a INR 4,000 Cr (approximately $540 Mn) initial public offering (IPO), as per news reports. While the company had announced its plans to go public in the past, its financial performance in the past two fiscals did raise a few concerns around the expected timelines.