Exclusive: Acko & PolicyBazaar get IRDAI approval under Sandbox Regulatory Program

Insurance startups Acko general insurance and PolicyBazaar have got IRDAI approval under its new Sandbox Regulatory Program. Acko general insurance has got approval in two categories namely ‘non-life,’ and ‘Health’ while PolicyBazaar has got approval under ‘Intermediaries/ Distribution’ category. Acko & PolicyBazaar are among the most well-funded insurance startups of India. Under non-life category, Acko will offer…

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PolicyBazzar_Funding

PolicyBazaar earns Unicorn status with $200 Mn funding from SoftBank

PolicyBazaar raises over $200 Mn from SoftBank.   Online insurance startup PolicyBazaar has become the latest entrant into the once elusive unicorn club, after it raised over $200 Mn from global tech investor SoftBank. The series F funding round was the result of almost six months of hectic negotiation between the Gurugram based PolicyBazaar and Tokyo headquartered…

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