Founded
2008
Team Size
5000
Total Funding
₹700 Cr
Valuation
₹6,150 Cr
PolicyBazaar is India's largest online insurance marketplace offering comparison and purchase of insurance policies.
Core Differentiator
India's largest insurance aggregator with comprehensive comparison engine covering life, health, motor, and term insurance across 40+ insurers with AI-driven recommendations
Target Market
Indian middle-class consumers seeking transparent insurance comparison and purchase, including Tier 2/3 cities
Key Innovation
Digital-first insurance distribution with online-to-offline hybrid model combining technology platform with human advisory support
Two-sided marketplace connecting millions of consumers with 40+ insurance providers, creating liquidity and better pricing power
Established as category leader with high brand recall in insurance aggregation space through extensive marketing and trust-building over 15+ years
Proprietary data on customer preferences, claim patterns, and pricing algorithms accumulated from millions of transactions
Customer lock-in through policy servicing, renewal management, and integrated claims support creating ongoing touchpoints
Licensed insurance broker with regulatory approvals and compliance infrastructure that creates barriers to entry
₹571 Cr
Total Raised
1
Round
IPO
Latest · 2021-11-15
Backed by
Unlock the full funding history below — every round's amount, valuation & investors.
IPO
2021-11-15
₹571 Cr
Investors
GST-led insurance demand boost fades, putting Policybazaar's next growth phase to test
Policybazaar parent’s Q1 profit jumps 92% driven by margin gains
Policybazaar parent PB Fintech's profit jumps 92% to Rs 163 crore in Q1 FY27
Commission caps to pose existential threat to insurance distributors: Policybazaar’s Yashish Dahiya
Policybazaar founder warns of insurance squeeze; IT's buying spree
New Unicorn Unlocked, Policybazaar CEO Quits & More
Location
Website
Visit WebsiteAnnual Revenue
₹4,200 Cr
Growth Rate
38%
Funding Rounds
1