SoftBank explores PolicyBazaar stake

Jan 26, 2018 • Thierry Heles

SoftBank is considering investing in insurance marketplace PolicyBazaar, which already counts Intel as a backer, at an $800m valuation.

India-based online insurance policies marketplace PolicyBazaar has entered discussions with telecommunications and internet conglomerate SoftBank over an investment at a valuation of at least $800m, DealStreetAsia reported yesterday.

PolicyBazaar operates a life, health and car insurance policies aggregation platform where consumers can compare the prices, quality and benefits of each offering. It was launched by ETechAces, also the creator of credit card and loan comparison platform PaisaBazaar.

Yashish Dahiya, CEO and co-founder of PolicyBazaar, noted that if the SoftBank investment…

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