PB Fintech Ltd. Company History and Annual Growth Details

The Company was incorporated as “ETECHACES Marketing and Consulting Private Limited”, a private limited company under the Companies Act, 1956, with a certificate of incorporation issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana, at New Delhi (“RoC”) on June 4, 2008. Subsequently, the name of the Company was changed to “PB Fintech Private Limited”, pursuant to a fresh certificate of incorporation issued by the RoC on September 18, 2020, to emphasise the nature of the fintech business. Upon the conversion of the Company to a public limited company, pursuant to a resolution passed by the shareholders on June 19, 2021 the name was changed to “PB Fintech Limited” and a fresh certificate of incorporation dated June 30, 2021 was issued by the RoC.

Major events and milestones of the Company :

2008

- Incorporation of the Company

- Investment of US$ 4 million by Info Edge in the Company

2010

- Commencement of health insurance related activities

2012

- Registration of one of the subsidiaries of the Company as an insurance web aggregator with the IRDAI

2015

- Registration of Paisabazaar as a investment adviser with SEBI

2018

- Built an in-house actuarial analytics team in respect of retail customer sales

- Reached the US$1 billion valuation mark with Series F investment

- Commencement of operations in the United Arab Emirates by PFFL

2021

- Registration of Policybazaar as an insurance broker with IRDAI

Awards and Accreditations

Paisabazaar

2021

- Digital Lending Award at the Fintech India Innovation Awards

- Payment and Fintech Award for Excellence in Consumer Lending at the India Digital Awards, organized by the Internet and Mobile Association of India

- Outstanding Crisis Finance Innovation 2021 (Asia Pacific) Award by Global Finance Magazine

2019

- ‘Most Innovative Lending Startup’ by India Fintech Forum

2018

- Economic Times’ Most Promising Brand

- ‘Best Fintech Startup 2018’ at the Drivers of Digital Awards

2017

- ‘Best Customer Experience Innovation in Fintech’ by Moneytech Awards

- ‘Startup of the Year’ by Moneytech Awards

- ‘Best Digital Platform for Credit Cards’ at the Economic Times cards and Payment Summit Received by Naveen Kukreja, CEO, Paisabazaar on behalf of Paisabazaar

Policybazaar

2021

- ‘Communications Team of the year’ award at the Kaleido Awards

- ‘Best Insurtech of the year’ award at the Business Leader of the Year awards presented by World Leadership Congress and Awards

2020

- ‘FE Best Banks’ award in the Fintech category by Financial Express

2019

- Certification for ‘Great Place to Work’ received by Policybazaar

- ‘Insurtech of the Year’ award at the 23rd Asia Insurance Industry Awards

2018

- ‘Best Fintech Marketing Campaign’ award by the ‘India Fintech Forum’ at the India FinTech Awards (IFTA) 2018

- ‘Ecomonic Times Best Brands - Insuretech’ award by Economic Times

Miscellaneous

2019

- Mr. Yashish Dahiya was awarded the ‘EY Entrepreneur of the Year’ by Ernst and Young Global Limited