Industry

SoftBank invests in PolicyBazaar

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SoftBank, Temasek, Tiger Global invest

ETechAces Marketing & Consulting, which operates PolicyBazaar.com, on Monday said it had raised more than $200 million, led by SoftBank Vision Fund.

PolicyBazaar’s investors include Temasek, Tiger Global Management, True North, InfoEdge and Premji Invest. “The insurance market continues to remain massively under-developed and PolicyBazaar, supported by SoftBank’s capital and ecosystem, is uniquely positioned to dramatically increase the adoption of insurance products in the country,” SoftBank Investment Advisers Partner Munish Varma said.

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Printable version | Dec 9, 2019 10:13:17 PM | https://www.thehindu.com/business/Industry/softbank-invests-in-policybazaar/article24255424.ece

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