PolicyBazaar Journey

PolicyBazaar's Founder and History

PolicyBazaar is a one of the largest Financial Technology (Fintech) Insurance Platform.

It founded by Alok Bansal, and Avaneesh Nirjar, Yashish Dahiya as a Insurance comparison website on June, 2008.

In starting it was providing only comparison of different companies insurance policies. But later its founders convert their platform as a insurance provider.

Now it done partnership with multiple businesses and companies who deals in insurance.

Currently it provides insurance services by comparison different companies insurance policies.

In simple words PolicyBazaar is a platform which help customers to find out a best insurance plan according to their needs.

In this time it also providing lot of investment plans guides along with insurance policies which means it also help customers to find out a best investment plans for them according to their requirements.

PolicyBazaar's Unicorn Status

The headquarter of PolicyBazaar situated at Gurgaon, Haryana, India.

It's a one of those startups in India which takes the longest time to become a Unicorn in India.

It takes approximately 10 years to achieve a unicorn status in India.

This means it become a unicorn of India after 10 years of its foundation in the month of June, 2018 with the entry valuation of 1 billion dollars.

Initialy it was operating its services as a private startup, but currently it become a publicly listed company.

PolicyBazaar's Investors

Some of its investors includes Info Edge, Intel, Inventus Capital, Tiger Global, SoftBank, Tencent, Steadview Capital.

The valuation of PolicyBazaar reached up to 2.4 billion dollars with the last round funding of PolicyBazaar by investors.