PolicyBazaar raises $75 Mn led by Falcon Edge for the UAE and Middle East biz
Shortpedia
Content Team
Image Credit: shortpedia
Online insurance aggregator PolicyBazaar has raised $75 million in a round led by Falcon Edge Capital. The primary capital infusion for the IPO bound company has materialised after 18 months. The Gurugram-based company had raised its last round from Tencent in 2019. PolicyBazaar is targeting a $3.5 billion worth of public listing by this year. It would be the second-largest bet by Info Edge that will go IPO in 2021.
