Softbank sells 5.1% stake in Policybazaar for Rs 1,043 crore
New Delhi: Softbank on Friday sold 5.1% stake worth Rs 1,043 crore of PB Fintech, the parent of Policybazaar, through an open market transaction. SVF India Holdings (Cayman) offloaded 2,28,42,424 shares, amounting to 5.08% stake in the company, according to block deal data available with the National Stock Exchnage (NSE). The entity is a subsidiary … Read more