PB Fintech makes an investment of $2 million and acquires 26.72% shares of YKNP Marketing Management.
PB Fintech Limited on Friday announced that it has made a $2 million investment to acquire 27 percent shares of YKNP Marketing Management, a Limited Liability Company (“LLC”), through PB Fintech FZ-LLC, a wholly owned subsidiary of the business.
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Shares of PB Fintech, the parent of online insurance aggregator Policybazaar and Paisabazaar ended 8 percent higher on Friday in one of its best single-day performance since the company went public.