PB Fintech Limited Overview
Pro stress-test →PB Fintech is a prominent player in the financial technology sector, primarily known for operating Policybazaar, an online platform for users to compare and purchase insurance products. The company operates an online marketplace for insurance and lending products in India and the United Arab Emirates.
Strategic Profile
Pro stress-test →Policybazaar, PB Fintech's flagship brand, is India's leading digital insurance marketplace, holding a 93% market share. As of Q2 FY25, the platform has 86.9 million registered users, 18.3 million active users, and has sold over 46.8 million insurance policies. The company has diversified beyond insurance into lending through its Paisabazaar platform and expanded into payment aggregation services.
Competitive Landscape
Pro stress-test →PB Fintech faces competition in the Indian fintech space primarily from Paytm (One 97 Communications), which operates broader fintech services. However, PB Fintech's specialized focus on insurance and lending aggregation gives it a dominant position in digital insurance with minimal direct competitors in that niche. The company competes more broadly with traditional insurance brokers and direct insurance distribution.
Industry Context
PB Fintech Limited operates in Financial Technology (Fintech) & Infrastructure - Digital Insurance and Lending Marketplaces.
Key facts
Founded: 2008 · Headquarters: Gurugram, India · Employees: 22,329 · Revenue: ₹1,217 Crore (FY2022) · Market cap: ₹70,502 Crores (~$8.4B USD equivalent)