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The Latest Breaking News from Policybazaar

How much health insurance cover do you need? Here’s the ideal cover for ₹10 lakh, ₹20 lakh, ₹30 lakh, and ₹50 lakh annual income as per experts

Soaring medical costs, with surgery expenses up 250-300%, necessitate robust health insurance. Experts advise a minimum of Rs 10-15 lakh for individuals and Rs 15-25 lakh for families, with higher coverage for metro residents and seniors. Pairing a base policy with a super top-up plan offers cost-effective protection against escalating…

The Economic Times

From Rs 4,900 crore to Rs 41,300 crore: How Sanjeev Bikhchandani turned 135 startups into a 743% return machine

Sanjeev Bikhchandani's Info Edge has achieved remarkable capital compounding, deploying Rs 4,900 crore across 135 startups since 2007, now valued at Rs 41,300 crore. Early bets on companies like Zomato and Policybazaar have transformed India's digital landscape. Info Edge's strategic investments in AI and deeptech, even before the global surge,…

The Economic Times

Info Edge says it invested Rs 1,003 crore on AI, deeptech startups since 2020

Info Edge, the parent of Naukri, has significantly boosted its AI and deeptech investments, pouring Rs 1,003 crore into 54 startups since 2020. The company's AI portfolio is valued at Rs 1,268 crore, showing a strong return, while its deeptech investments are valued at Rs 559 crore. Many of its…

The Economic Times

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Home loan insurance: Protecting the dream home without paying more than you need to

Home loan insurance is emerging as an important financial safeguard for Indian homebuyers, helping families manage outstanding loan liabilities in unforeseen circumstances. With rising homeownership and larger loan sizes, more borrowers are actively seeking protection solutions that offer both affordability and flexibility. The article explores the benefits of home loan…

The Economic Times

Policybazaar founder warns of insurance squeeze; IT's buying spree

Happy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. This and more in today’s ETtech Morning Dispatch.

The Economic Times

Commission caps to pose existential threat to insurance distributors: Policybazaar’s Yashish Dahiya

Policybazaar faces potential business disruption from IRDAI's proposed commission caps, prompting consideration of an insurance manufacturing license. Yashish Dahiya, the group chairman of PB Fintech, said the company has shared its concerns with the regulator about the potential impact of such caps on the industry, but added that there is…

The Economic Times

PB Fintech shares in focus after founders sell stake worth Rs 665 crore in Policybazaar parent

PB Fintech founders sold shares worth Rs 665 crore. Yashish Dahiya and Alok Bansal offloaded stock on Friday. Major investors like Goldman Sachs and Morgan Stanley bought these shares. This follows previous stake sales by the founders. PB Fintech reported strong revenue and profit growth for the January-March quarter. The…

The Economic Times

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Sensex, Nifty end 2022 with over 4% gains: How markets outperformed global peers

NEW DELHI: When the year began, investors were looking forward to a rally similar to the past 2 years where the bulls were in charge. However, 1 month into 2022 and bears took over as markets reeled under uncertainties brought in by the Russia-Ukraine war.

The Times of India

Security firm finds flaws in Indian online insurance broker

A cybersecurity firm informed a major Indian online insurance brokerage last month that critical vulnerabilities in its network could expose sensitive personal and financial data from at least 11 million customers

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