The Info Edge and Intel Capital-backed company is reportedly in advanced talks to raise a series D round.
PolicyBazaar, an India-based online aggregator of insurance policies previously backed by computing company Intel’s corporate venturing unit Intel Capital, is in advanced talks to secure $40m in a series D round.
VCCircle reported the news yesterday, citing sources who named PremjiInvest, the personal investment vehicle of IT consulting firm Wipro chairman Azim Premji, as lead investor. Existing investors including Intel Capital are reportedly also involved.
Intel Capital first invested an undisclosed amount of seed funding in 2011, and participated in…
