PB Fintech Ltd. is India’s largest online platform for insurance and lending products leveraging the power of technology
PB Fintech Ltd. is India’s largest online platform for insurance and lending products leveraging the power of technology, data, and innovation. It launched PolicyBazaar in 2008 to respond to the need for more awareness, choice, and transparency and create a consumer-pull-based, provider-neutral model for insurance distribution. Further, in 2014, the company launched PaisaBazaar with the goal to transform how Indians access personal credit by accentuating ease, convenience, and transparency in selecting a variety of personal loans and credit cards.
Strong, consumer-friendly brands that offer a wide choice, transparency, and convenience to users.
It has a proprietary stack that has been instrumental in helping the company design user-friendly consumer journeys across all of its processes by automating various aspects across the product value chain.
India’s largest digital insurance marketplace with a 93.4% market share based on the number of policies sold in Fiscal 2020.
Large, efficient, and intelligent networks, providing consumers with the ability to browse financial services products offered by 51 insurer partners and 54 lending partners.
High renewal rates providing clear visibility into future business and delivering superior economics.
Micro-segmentation has helped the company grow the product offerings on its platforms, streamline transaction processes, deepen partnerships with insurers and lending partners, and offer tailor-made financial services solutions for varied segments.
A capital-efficient model with low operating costs.
Operates in the dynamic and highly competitive online fintech landscape.
Denial by the insurance or loan partners to offer insurance or credit products in sync with the evolving needs of consumers.
Failure to maintain and enhance its brand recognition or reputation, or failure to do so in a cost-effective manner.
Dependency on cooperation with its insurer and lending partners.
The continuing impact of the outbreak of the COVID-19.
Inability to ensure the accuracy and completeness of product information and the effectiveness of its recommendation of insurance products on its platform.
A history of losses and an anticipated increase in expenses in the future.
Inability to comply with the various laws and regulations governing the insurance broking business.
Any disruption to its IT systems and infrastructure.
Any failure to protect confidential information, prevent cyber-attacks and data breaches or improper use, or disclosure of such data.
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SECURE TRANSACTIONS ON GROWW
All transactions on Groww are safe and secure. Users can invest through SIP or Lumpsum using Netbanking through all supported banks. It uses BSE Star MF (with Member code 11724) as transaction platform.
MUTUAL FUNDS SAHI HAI
Mutual fund investments are very popular with individual investors because of the benefits they provide. Among the many advantages, the most important factors that drive investors to mutual funds are that Investors can
- Start with any amount (as low as 500)
- Diversify across multiple stocks and other instruments like debt, gold etc.
- Start automated monthly investments (SIP)
- Invest without requiring to open DMAT account
All type of mutual funds are available on Groww.
INVESTING IN MUTUAL FUND PORTFOLIOS
Portfolio is collection of mutual funds designed to meet your investment goals. Investing in mutual fund portfolios helps you in diversifying your investments and reduces the risk. Portfolios also help you in assigning an investment goals and make it easy for you to save for and achieve your goals. You can create a portfolio yourself or ask an expert to build it for you.
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Issued in the interest of Investors
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