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PB fintech Ltd. is one of India's largest online platforms for insurance and lending products leveraging the power of technology, data, and innovation. Within a decade, with the rise in digitization PB fintech took the advantage of technological advancement of the country.
In 2008, insurance customers in India were facing a tough time, due to lack of information on products, transparency was missing, mis-spelling was rampant, there was a high lapse rate of insurance policies. The founders had no insurance experience, re-imagined what the insurance space could be. The concept of having a place where all communications would be recorded so that there would be a clear audit trail of who said what in a product as complex as insurance. A place that provided a common service layer for all consumer services and claims. With this thought process and structural view, Policy Bazaar is now India’s foremost insurance aggregator and a leading fintech player globally with the objective of Customer First and Sustained Profitability for the entire insurance ecosystem.
S.No. | 1 - Company | 2 - Directors | 3 - Promoters | |||
Entity Name | By the Company | Against the Company | By the Director | Against the Director | By the Promoter | Against the Promoter |
Criminal cases | 5 | - | - | - | - | - |
Material civil cases | 3 | 1 | - | - | - | - |
Taxation matters | - | 1 | - | - | - | - |
Regulatory Proceedings | 4 | 1 | - | 2 | - | - |
Income Statement | FY21 | FY20 | FY19 |
Gross Operating Income | 8866.62 | 7712.97 | 4922.45 |
Cost of Employee & Inventory | 5540.47 | 5208.49 | 3976.23 |
Other Expenses | 4923.78 | 4860.65 | 5073.81 |
EBITDA | |||
Depreciation | 413.78 | 472.95 | 304.22 |
Interest | 115.24 | 119.2 | 74.77 |
Profit/Loss Before Tax | -1419.14 | -2948.41 | -3374.3 |
Tax | 83.28 | 91.88 | 93.81 |
Profit/Loss After Tax | -1502.42 | -3040.29 | -3468.11 |
Yashish Dahiya
No listed peer in India
2267.5
3750