Policybazaar, backed by SoftBank, is targeting an IPO by 2021 with a valuation of $ 3.5 billion

Policybazaar, an Indian insurance market backed by SoftBank, has announced plans to go public in 2021 with a value of more than $ 3.5 billion. Bloomberg Reports.

SoftBank’s Vision Fund earlier this month purchased an additional $ 130 million stake in PolicyBazaar’s owner, ETech Aces Marketing and Consulting Times of India. SoftBank has a stake of more than 15% in the company.

Yashish Dahiya, Co-Founder and CEO of Policybazaar

Just a few days…

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