Tag: Alok Bansal

Policybazaar raises $75 mn led by Falcon Edge Capital, to expand UAE business

Online insurance aggregator, Policybazaar, has raised $75 million in a fresh funding round led by Falcon Edge Capital, a New York-based hedge fund. The fresh infusion is expected to back the fintech firm’s UAE business, people with knowledge of the development told TechCircle.  In October 2020, Falcon Edge Capital had acquired a stake in Policybazaar…

Policybazaar raises $150M from Tencent.

Policybazaar, India’s prominent online life insurance and general insurance aggregator, has raised raised close to $150 million in funding from Chinese technology conglomerate Tencent Holdings Pvt. Ltd. The startup was founded by Yashish Dahiya, Alok Bansal and Avaneesh Nirjar in 2008. With this round, Policybazaar has been valued at a little more than $1.5 billion.…