CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank maybach Indian insurance startup PolicyBazaar?
A
Softbank
B
AIIB
C
Citi Bank
D
Swiss bank
Explanation: 

Detailed explanation-1: -Digit General Insurance The insurer has tie-ups with market leaders such as Policybazaar.com, PayTM, Tanishq, and Cleartrip to ensure a wider audience.

Detailed explanation-2: -In November 2021, PB Fintech Ltd, the parent company of Policybazaar, opened its initial public offering (IPO) and raised ₹5, 625 crore (US$700 million).

Detailed explanation-3: -Today, we are India’s best & largest online insurance marketplace. Over 9+ million (90 lakh+) individuals have come to us & bought the best insurance plans from the top insurers in the country.

Detailed explanation-4: -PB Fintech, the parent entity of insurance platform Policybazaar and credit marketplace Paisabazaar, reported consolidated losses of Rs 186.6 crore in the July-September quarter, narrowing from a loss of Rs 204.3 crore in the previous quarter.

There is 1 question to complete.