PB Fintech Founders Sell ₹665 Crore Stake; Major Institutions Buy in
PB Fintech, the parent company of Policybazaar, is under investor watch after its founders, Yashish Dahiya and Alok Bansal, sold equity worth ₹665 crore. The transaction took place via block deals, with global financial giants Goldman Sachs and Morgan Stanley emerging as key buyers. This move follows a period of strong financial performance for the company, which recently reported significant growth in revenue and profit for the January-March quarter. The stock remains volatile following its IPO.
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