PB Fintech Limited
ICICI Prudential Mutual Fund increased its stake in PB Fintech from 1.74% to 4.31%, buying 1,18,73,515 shares.
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.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.