News > Policybazaar sheds a little less than half a billion dollars in value

Policybazaar sheds a little less than half a billion dollars in value

Shares of PB Fintech, which operates online insurance broker Policybazaar and loan marketplace Paisabazaar, plunged 10 per cent to Rs 595 on the BSE on Tuesday’s intra-day after Yashish Dahiya, chairman executive and CEO of the company revealed his plan to sell up to 3.77 million equity shares through the open market.

The aggregate shareholding of Yashish Dahiya as on March 31, 2022, stood at 19 million (4.23 per cent).