PolicyBazaar’s parent reported a revenue of ₹957 crore

PB Fintech reported a revenue of ₹957 crore in the financial year 2021, with losses reaching ₹150 crore. Compared to last year, the company has cut its losses by half. It spent ₹209.9 crore on employee benefits and ₹106 crore on advertising.

The fintech startup reported a revenue of ₹258 crore in the April-June quarter of 2021, it’s losses were at ₹110.8 crore.