Policybazaar Raises INR 2,569 Cr From Anchor Investors Ahead Of IPO
Shortpedia
Content Team
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P.B. Fintech, the parent company of Paisabazaar and insurtech major Policybazaar has mobilised INR 2,569.37 Cr from 155 anchor investors ahead of its IPO. The anchor investors subscribed to the shares at INR 980, the upper limit of the IPO price band (INR 940 – INR 980). Abu Dhabi Investment Authority, Canada Pension Plan Investment Board and Blackrock have invested in the company.
