Highlights
Yashish Dahiya and Alok Bansal, the co-founders behind PB Fintech, the parent company of PolicyBazaar, have recently sold shares valued at approximately Rs 665 crore ($70 million) through a block deal that took place on Friday. The exchange data indicates that Dahiya and Bansal together disposed of 38 lakh shares at a price of Rs 1,751 each, culminating in a total transaction value of around Rs 665 crore. Dahiya offloaded 26 lakh shares amounting to Rs 455.26 crore, while Bansal divested 12 lakh shares for Rs 210.12 crore. This sale reflects a total stake reduction of nearly 0.8% in the Gurugram-based insurance and lending marketplace operator.
Investor Participation in the PB Fintech Block Deal
Several institutional investors were involved in this significant transaction. Noteworthy buyers included Tata Mutual Fund, Morgan Stanley, Societe Generale, National Pension System Trust, Kotak Mahindra Asset Management, Goldman Sachs, and the Los Angeles City Employees’ Retirement System, among others.
Current Stake Information
As of March 31, 2026, Yashish Dahiya retained a 3.86% stake in PB Fintech, while Alok Bansal held a 1.16% stake in the firm. Earlier this month, Tencent, an early investor in PB Fintech, sold a 1.05% stake in the company through another block deal valued at Rs 805.45 crore (approximately $85 million).
Financial Performance of PB Fintech
On the financial side, PB Fintech reported a notable 37% increase in operating revenue, reaching Rs 2,061 crore in Q4 FY26. The company’s profit also rose significantly, climbing 54% to Rs 261 crore during the same quarter. Shares of PB Fintech closed at Rs 1,716 on the NSE on Friday, leading to a market capitalisation exceeding Rs 79,398 crore ($8.35 billion).