PolicyBazaar

Policy Bazaar is an online platform that aggregates insurance plans and serves as a marketplace for policies. It provides full claim support and helps you if you have any issues with our insurance partners.

PolicyBazaar.com is India's prominent online life insurance and general insurance aggregator. They are specialized in making comparative analysis of the insurance products. The basis for the comparison is price, quality and key benefits.

PolocyBazaar was founded in 2008 by Yashish Dahiya, Alok Bansal and Avaneesh Nirjar and is based Gurgaon, Haryana, India.

PolicyBazaar.com has built strong relationships with all prominent public and private insurance companies across India. It's partners are from life insurance, health insurance, car insurance, travel insurance, corporate insurance and loan sectors. 

PolicyBazaar.com is backed by leading global investors including Temasek Holdings, Tencent Holdings, SoftBank Vision Fund, Wellington Management, PremjiInvest and many others. The company raised $150M in funding (as deal of picking up 10% stake in the company) on Nov 11, 2019. This new round brings PolicyBazaar's total funding to $496.6M to date.

 

PolicyBazaar.com has pushed it's valuation to $1.5B during the latest round on Nov 11, 2019. The company was previously valued at a $1B during it's $200M financing from "Series F" round on May 01, 2018.

 

 

  • Year founded: 2008
  • Funding Info: $496.6M over 8 Rounds (Latest Funding Type: Venture- Series Unknown)- PolicyBazaar has also made a $50M investments in DocPrime on Sep 2018
  • Yearly Revenue: $100M-$200M (2019)
  • Employee Size: 1000-5000
  • Business Valuation: Valued at $1.5B as of Nov 11, 2019
  • City/Town: Gurgaon
  • State: Haryana
  • Country: India
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