Hotline: 1800 102 2007
X
Search Business Opportunities
2013-04-09

PolicyBazaar.com raises $5m from Inventus Capital

Online financial services platform PolicyBazaar.com in Series B funding has raised $5 million (Rs 27 crore) from Inventus Capital Partners and existing investors, Info Edge and Intel Capital.

Online financial services platform PolicyBazaar.com in Series B funding has raised $5 million (Rs 27 crore) from Inventus Capital Partners and existing investors, Info Edge and Intel Capital.

As per a release, the funds raised would mainly be used for strengthening the brand, platforms, and customer service.

Yashish Dahiya CEO, Policybazaar.com said that this round will allow them to invest for enhancing customer experience and creating a consumer centric brand.

Speaking on the investment, Parag Dhol, Managing Director, Inventus Advisory Services (India) as per the release said, “As the Indian financial services industry evolves to transparent products, a neutral platform for information on such products is a godsend for value-conscious Indian consumers.”

Launched in  June 2008, Policybazaar had earlier raised Rs 20 crore from Infoedge in September 2008, and it had raised another Rs 40 crore from Infoedge and Intel Capital, in April 2011.

Related opportunities
  • Real Estate
    About Us: Co-offiz is an office for all young professionals, start-ups,..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 3000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Other Vocational Training
    Started in 2006, Indian Institute of Computer Science (IICS) is..
    Locations looking for expansion Haryana
    Establishment year 2006
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Skills / Personality Development
    About: WINNERS is privately owned and managed by Mr. Shashikant Khamkar (B.Com...
    Locations looking for expansion Maharashtra
    Establishment year 2006
    Franchising Launch Date 2017
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
  • Beauty Salons
    About Us: Monsoon Salon & Spa is the best hair & beauty..
    Locations looking for expansion New Delhi
    Establishment year 2012
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required 1200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi New Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts