Samvad, Khaitan, CAM lead on Policybazaar 500 crore fund raise

Bar & Bench October 26 2017

Online insurance selling platform Policybazaar, which is operated by ETechAces Marketing and Consulting Pvt. Ltd, has raised Rs. 500 crore ($ 77 million) in a Series E funding round.

Three new investors, including True North, IDG Venture Partners and Boston-based assets management firm Wellington Management Group, had participated in the round.

Existing investors Temasek, Tiger Global Management and Premji Invest, besides other undisclosed investors, also participated in the round, reported

With a premium account you get:
  • One year of unrestrcited access to previous interviews, columns and articles
  • One year access to all archival material
  • Access to all Bar & Bench reports