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Policybazaar - About the company

Policybazaar is a late stage company based in Gurugram (India), founded in 2008 by Yashish Dahiya, Alok Bansal, Sushant Khairnar, Tarun Mathur, Manoj Sharma and Jerry Bhutia. It operates as an Online marketplace for purchasing various types of insurance policies. Policybazaar has raised an undisclosed amount in funding. The company has 761 active competitors, including 97 funded and 122 that have exited. Its top competitors include companies like Turtlemint, PB Fintech and EverQuote.

Sectors and market segments that Policybazaar operate in

Policybazaar serves in the FinTech, InsurTech market segments.The primary business model of Policybazaar are:

Company Details

Online marketplace for purchasing various types of insurance policies. It is an online insurance platform that provides users with a marketplace to compare and purchase various types of insurance products including life, health, travel, and car insurance. The platform offers a range of features such as policy comparison, online quotes, and policy renewal, aiming to provide users with a seamless and user-friendly experience.
Social
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Email ID
*****@policybazaar.com
Phone Number
+91 **********
Part Of
Registered Address
PLOT NO. 119, SECTOR 44, Gurgaon, GURGAON, Haryana, India, 122001
Key Metrics
Founded Year
2008
Location
Gurugram, India
Stage
Late Stage
Latest Funding Round
Ranked
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
31,422 as on May 31, 2026
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Policybazaar's funding and investors

Policybazaar has raised funding over 1 round. Its latest funding round was a Post IPO round on Oct 14, 2017 for $7.69M. 1 investor participated in its latest round. Policybazaar has 11 institutional investors.

Here is the list of recent funding rounds of Policybazaar:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 14, 2017
$7.69M
Post IPO
-
-
-
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Policybazaar's founders and board of directors

Founder? Claim Profile
The founders of Policybazaar are Yashish Dahiya, Alok Bansal, Sushant Khairnar, Tarun Mathur, Manoj Sharma and Jerry Bhutia. Yashish Dahiya and Sarbvir Singh are the CEOs of Policybazaar.
Here are the details of Policybazaar's key team members:

Policybazaar's Board of Directors

Policybazaar's board has 5 active members. Sarbvir Singh is part of team and Dhruv Shringi, Jagennath Jayanthi, Praveen Chowdary Sajja and Mamta Suri are independent board members.
Here is the list of Policybazaar's board of directors:
Name
Type
Representing
Status
Duration
Investor
-
Past
0y 9m
Independent board member
-
Current
1y 11m
Independent board member
-
Current
4y 11m
Independent board member
-
Current
0y 4m
Independent board member
-
Current
1y 1m

Policybazaar's employee count trend

Policybazaar has 31,422 employees as of May 26. The total employee count is 28.0% more than what it was in May 25. Here is Policybazaar's employee count trend over the years:
Employee count trend for Policybazaar
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Policybazaar's Competitors and alternates

Top competitors of Policybazaar include Turtlemint, PB Fintech and EverQuote. Here is the list of Top 10 competitors of Policybazaar, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Turtlemint
Turtlemint
2015, Mumbai (India), Public
Provider of platform for comparing and purchasing insurance, loans, and funds
$220M
82/100
2nd
Logo for Policybazaar
Policybazaar
2008, Gurugram (India), Late Stage
Online marketplace for purchasing various types of insurance policies
-
76/100
3rd
Logo for PB Fintech
PB Fintech
2008, Gurugram (India), Public
Provider of an online platform offering insurance and lending products through its flagship brands
$443M
75/100
4th
Logo for EverQuote
EverQuote
2011, Cambridge (United States), Public
Online comparison platform for automotive & other insurances
$37.6M
74/100
5th
Logo for NerdWallet
NerdWallet
2009, San Francisco (United States), Public
App-based comparison platform for financial products
$123M
73/100
6th
Logo for Insurify
Insurify
2013, Cambridge (United States), Series B
Online comparison platform for car insurance
$154M
73/100
7th
Logo for Policygenius
Policygenius
2014, New York City (United States), Acquired
App-based insurance comparison platform for individuals
$288M
72/100
8th
Logo for Meilleurtaux
Meilleurtaux
1999, Paris (France), Acquired
App-based comparison platform for life and non-life insurance & loans
$22M
71/100
9th
Logo for Coverfox Insurance
Coverfox Insurance
2013, Mumbai (India), Series C
Provider of platform to compare and purchase various insurance policies online
$55.1M
71/100
10th
Logo for Confused.com
Confused.com
2002, Cardiff (United Kingdom), Public
App-based comparison platform for life and P&C insurances
-
-
71/100
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Policybazaar's Investments and acquisitions

Policybazaar has made no investments or acquisitions yet.

Reports related to Policybazaar

Here is the latest report on Policybazaar's sector:

News related to Policybazaar

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Media has covered Policybazaar for a total of 30 events in the last 1 year, 20 of them have been about company updates and 3 about partnerships.
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