Policybazaar.com Group holds India's leading insurtech brand, PolicyBazaar.com, India's leading lending marketplace, PaisaBazaar.com, newly launched healthtech platform, docprime.com, and its first overseas fintech venture, Policybazaar.ae.
The group's flagship brand, PolicyBazaar.com started with a purpose to educate people on insurance products and has had a significant influence on how insurance is bought in India. It has helped in driving penetration of pure life insurance, health insurance, and such products which were barely bought earlier.
From receiving traffic of 180,000 visitors in 2008, PolicyBazaar.com has come a long way and today hosts over 100 million visitors yearly and records sale of nearly 300,000 transactions a month. Currently, PolicyBazaar.com accounts for nearly 25% of India's life cover, and over 7% of India's retail health business. It accounts for roughly half of all internet based insurance purchase in the country and is more than doubling annually.
Policybazaar.ae is Policybazaar Group's first overseas venture and is an online financial products marketplace, aimed at becoming a one-stop shop for consumers personal finance needs in the UAE market. Policybazaar.ae currently partners with more than 35+ partners across lending and insurance categories with 50+ products on offer.
The parent company has backing from a host of marquee investors including the likes of Softbank, Temasek, Tiger Global Management, True North, InfoEdge (Naukri.com), Premji Invest, besides investments from other PE funds and family offices.
Info Edge (India) Limited (Info Edge) is India's premier on-line classifieds company in recruitment, matrimony, real estate, education and related services. Info Edge was incorporated in 1995, converted into a Public Limited on April 27, 2006 and has two subsidiary companies - Naukri Internet Services and Jeevansaathi Internet Services Pvt. Limited. The company, with a view to tap into the growing Indian internet market, undertakes investments in early stage companies / start-up ventures. As of March 31, 2013, Info Edge had also invested in Applect Learning Systems Pvt. Limited (www.meritnation.com), Zomato Media Private Limited (www.zomato.com), Kinobeo Software Private Limited (www.mydala.com), Canvera Digital Technologies Pvt. Ltd (www.canvera.com), Happily Unmarried Pvt. Ltd (www.happilyunmarried.com) and Nogle Technologies Pvt Limited (www.floost.com). For more information on Info Edge, please visit: www.Infoedge.in
Tiger Global Management was founded by Charles Coleman in 2001 and since then has successfully returned an annualized return of 21%. It currently manages over $5 billion dollars of assets. Tiger Global management as the name suggests, has business spread globally with a focus on China, Southeast Asia, Latin America and Eastern Europe. Tiger Global is known for their support in technologically driven start ups, and have investments in Facebook, Google, Apple and LinkedIn. In India, Tiger Global has also notably invested in Flipkart.com, Myntra.com, Ola Cabs, caratlane.com and Makemytrip.com (before its IPO).
Inventus Capital Partners is a US-India venture firm managed by successful entrepreneurs and industry operating veterans who have backed over 100 entrepreneurs with operations in India and/or Silicon Valley. Inventus backs entrepreneurs first and foremost. The Indian companies financed by Inventus include TELiBrahma, Insta Health, redBus (acquired by MIH), FundsIndia, Vizury, Sokrati, eTechies, Savaari, Cbazaar, Power2SME, Policybazaar and eDreams. Inventus is currently investing out of its recently raised Fund-II. More information about Inventus is available at www.inventuscap.com
Ribbit Capital has worked with a simple mantra - "It takes money to change money". They are specialist investment firm which has supported start ups that are building up the financial services industry. They are looking to change the world of finance and how it can be made better. The companies they support span 10 countries, 3 industries.. While this is their first investment in the Indian market, they are part of some of the largest, most innovative and exciting start ups in the financial space. www.ribbitcap.com
Premji Invest is the investment office of Wipro's chairman and founder Mr. Azim Premji. The fund invests in growth stage companies across geographies such as India, China and US with a focus on consumer, technology, financial services and healthcare sectors. Premji Invest has made over 60 investments between public and private companies.
Steadview is a leading alternative asset manager based in Hong Kong. The firm makes concentrated long-term investments across multiple industries. The firm has a sophisticated group of institutional investors including leading family offices, endowments and pension funds, who seek to capture attractive long-term returns over managing short-term volatility. www.steadview.com
Temasek is an investment company based in Singapore. Supported by 10 offices globally, Temasek owns a S$266 billion (US$194 billion) portfolio as at 31 March 2015. Temasek's investment themes centre on: Transforming Economies; Growing Middle Income Populations; Deepening Comparative Advantages; and Emerging Champions. Its portfolio covers a broad spectrum of industries: financial services; telecommunications, media and technology; transportation and industrials; life sciences, consumer and real estate; as well as energy and resources.Total shareholder return for Temasek since its inception in 1974 was 16% compounded annually. Temasek has had an overall corporate credit rating of “Aaa” by Moody’s and “AAA” by Standard & Poor’s since our inaugural rating in 2004.For more information on Temasek, please visit www.temasek.com.sg
Intel Capital, Intel's global investment and M&A organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, mobility, health, consumer Internet, digital media and semiconductor manufacturing. Since 1991, Intel Capital has invested more than US$10.9 billion in over 1,294 companies in 54 countries. In that timeframe, 202 portfolio companies have gone public on various exchanges around the world and 324 were acquired or participated in a merger. In 2012, Intel Capital invested US$352 million in 150 investments with approximately 57 percent of funds invested outside North America. For more information on Intel Capital and its differentiated advantages, visit: www.intelcapital.com or follow @Intelcapital.
Over the years, Policybazaar has been recognized for its innovative business model, marketing efforts and customer centricity by various forums. Here is a glimpse of all the awards that we have won.
For tow year in a row, we have been Recognised as the best financial website For making Insurance people- friendly.
For tow year in a row, we have been Recognised as the best financial website For making Insurance people- friendly.
Our recently launched mobile app added another to our cap by winning the best mobile app award
Our first Radio campaign was a big hit and won an award for successfull and apt use of the medium
Our advertising campaign were yet again Recognized for their effective use of multi- platform use.
E-commerce Website of the year
Best Mobile App
Marketing Professional of the year(New Kukreja, group CMO, PolicyBazaar.com)
Our innovative techniques in the realm of Marketing received another boost with the winning of the BAM Awards, 2015.
Digital Business Leader( Yashish Dahiya, CEO, Policybazaar.com)
Digital Transformation Implementation( Saurabh Tiwari, CTO, Policybazaar.com)