PB Fintech to Invest Heavily in Healthcare Expansion

PB Fintech Ltd. plans to invest Rs 696 crore in its subsidiary, PB Healthcare Services, to expand its healthcare business. This investment, set for the financial year 2025-26, aims to cover operational expenses and boost brand presence, pending shareholder approval via postal ballot.

PB Fintech Ltd., the parent company of Policybazar, announced plans to invest Rs 696 crore in its subsidiary, PB Healthcare Services Private Limited, to expand its business operations.

The board of PB Fintech Ltd. approved the investment measure during a recent meeting, indicating that funds will be used to subscribe or acquire shares in PB Healthcare Services in the financial year 2025-26.

The proposal requires approval from shareholders through a postal ballot and includes participation from external investors. The capital is intended to support operational costs, brand expansion, and office presence enhancement.

(With inputs from agencies.)