Schroders bought 3,46,958 shares of PB Fintech Limited for ₹49.79 Cr at ₹1435.10 apiece in a block deal.
India's largest online platform for insurance and lending products, PB Fintech operates through its flagship brands Policybazaar and Paisabazaar. The company provides convenient digital access to insurance policies, credit products, and other financial services to customers across the country. Its distinctive model aggregates offerings from multiple providers, enabling customers to compare, evaluate, and purchase financial products online without visiting physical branches.
London-based global active asset manager with India exposure through its emerging market and India-focused strategies.