Policybazaar parent to continue chasing long-term growth after IPO

Mumbai/Bengaluru: PB Fintech, the parent company of online marketplaces Policybazaar and Paisabazaar, will continue to chase growth in the long term over short-term profits as it looks to list on the Indian bourses with an initial public offering (IPO) that values the firm at around $6.15 billion, senior company officials told ET.

Yashish Dahiya, cofounder and chairman of PB Fintech, said during a press conference ahead of the IPO launch that being listed won’t change the company’s operating style, and that growth, efficiency and experiments will go hand-in-hand.