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PB Fintech Powers Up Healthcare Ambitions with ₹5.39 Billion Boost to PB Healthcare Services

Updated: April 24, 2025 22:25

Image Source: ET Health World
PB Fintech Ltd, the parent company of Policybazaar, has announced a significant investment of ₹5.39 billion (₹539 crore) in its wholly-owned subsidiary, PB Healthcare Services Private Limited. This move marks a strategic push by PB Fintech into the fast-growing healthcare and allied services sector.
 
Key Highlights:
  • PB Fintech has invested ₹539 crore in PB Healthcare Services as part of the first tranche of a larger seed funding round, which totals ₹1,461.6 crore with participation from both PB Fintech and external investors.
  • Following this investment and the creation of an Employee Stock Option Plan (ESOP) pool, PB Fintech’s stake in PB Healthcare will reduce from 100% to 32.14% on a fully diluted basis, enabling the entry of long-term strategic investors and talent retention through ESOPs.
  • The investment was executed through the allotment of 5,39,40,000 Compulsory Convertible Preference Shares (CCPS) at ₹100 per share, classified as a related-party transaction but conducted at fair market value as determined by a registered valuer.
  • PB Healthcare Services, incorporated in January 2025, operates in the healthcare and allied services space, aiming to strengthen its financial foundation and support future growth, including operational expenses, brand building, and strategic initiatives.
The transaction aligns with PB Fintech’s broader strategy to diversify beyond digital financial services, leveraging its expertise and resources to establish a strong presence in the healthcare sector.
 
Source: Business Upturn

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