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PB Fintech, Founders To Infuse INR 829 Cr In Healthcare Arm

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SUMMARY

PB Fintech has obtained board’s approval to invest INR 696 Cr in PB Healthcare Services

Following the capital infusion, PB Fintech would hold up to 33.63% stake in its healthcare subsidiary

Besides the proposed investment, cofounders and others also plan to infuse up to INR 132.75 Cr in the healthcare arm

Listed insurtech company PB Fintech has received approval from its board to invest INR 696 Cr (around $80 Mn) in its wholly owned subsidiary PB Healthcare Services Pvt Ltd.

The PolicyBazaar parent will infuse the…

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