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Stake sale · Financial Services

PB Fintech cofounders sold shares worth ₹665.4 Cr via block deals

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Date
Company
PB Fintech
What it does
online insurance and lending platform
Kind
Stake sale
Amount
₹665.4 Cr
Stage
public
Based in
Gurugram
Founded
2008
Sector
Financial Services

What they do

PB Fintech is an online insurance and lending platform operating in India, offering products like term insurance, health insurance, and personal loans

What happened

Cofounders Yashish Dahiya and Alok Bansal sold 38 lakh shares of PB Fintech for ₹665.4 Cr on 30 May 2026, with Dahiya selling 26 lakh shares and Bansal…

Why it matters

The sale represents a 2.8% premium over the stock’s last closing price and was bought by institutional investors including Goldman Sachs, Morgan Stanley,…

The details

  • PB Fintech cofounders Yashish Dahiya and Alok Bansal sold 38 lakh shares of the company for ₹665.4 Cr on 30 May 2026.
  • Dahiya sold 26 lakh shares at ₹1,751 each, earning ₹455.3 Cr, while Bansal sold 12 lakh shares at the same price, earning ₹210.1 Cr.
  • The shares were bought by institutional investors including Goldman Sachs, Morgan Stanley, Societe Generale, Tata Mutual Fund, and others.
  • The sale represents a 2.8% premium over the stock’s last closing price on the BSE.
  • This is not the first time the cofounders have sold shares; in June 2025, they sold shares worth ₹920 Cr.

The bigger picture

  • The sale comes as the cofounders look to book profits amid an upswing in PB Fintech shares, which have risen more than 15.5% on the BSE in the past three months.
  • PB Fintech’s consolidated net profit increased 54% to ₹261.2 Cr in Q4 FY26, and operating revenue rose 37% to ₹2,061 Cr during the same period.
  • Earlier this month, Chinese tech giant Tencent sold its entire 1.05% stake in PB Fintech for ₹805.4 Cr.

About the business

  • PB Fintech is India’s largest online platform for insurance and lending products, operating under the brands Policybazaar and Paisabazaar.
  • The company offers term insurance, health insurance, car insurance, personal loans, and credit cards, with discounts ranging from 10% to 85%.
  • PB Fintech aims to increase transparency and awareness among Indian households about the financial impact of death, disease, and damage.
  • The company facilitates its insurer and lending partners to innovate and design customised products using its data insights and analytics capabilities.

The deal

Type
stake-sale

Investors

  • Goldman Sachs (investor) — Global investment bank and financial services firm.
  • Morgan Stanley (investor) — Global investment bank and financial services firm.
  • Societe Generale (investor) — French multinational banking and financial services company.
  • Tata Mutual Fund (investor) — Mutual fund company under the Tata Group.
  • Kotak Mahindra Asset Management (investor) — Asset management company under the Kotak Mahindra Group.
  • National Pension System Trust (investor) — Indian pension fund management organization.
  • Los Angeles City Employees’ Retirement System (investor) — Pension fund for city employees in Los Angeles.

Founders

  • Yashish Dahiya, co-founder
  • Alok Bansal, co-founder

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