Policybazaar raised $150M to start newer financial ventures
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PolicyBazaar has recently raised $150 million of fresh funding from Tencent Holdings Pvt Ltd. Policybazaar is going to use the fresh funding into newer segments in the financial services among B2B and B2C businesses. 2 months back PolicyBazaar has started a new company called Zphin to provide technology solutions to financial service businesses. In June, PolicyBazaar raised $238 million and entered the Unicon club.