PB Fintech has obtained board’s approval to invest INR 696 Cr in PB Healthcare Services
Following the capital infusion, PB Fintech would hold up to 33.63% stake in its healthcare subsidiary
Besides the proposed investment, cofounders and others also plan to infuse up to INR 132.75 Cr in the healthcare arm
Listed insurtech company PB Fintech has received approval from its board to invest INR 696 Cr (around $80 Mn) in its wholly owned subsidiary PB Healthcare Services Pvt Ltd.
The PolicyBazaar parent will infuse the…