Policybazaar parent PB Fintech enters healthcare with new subsidiary

PB Fintech, the parent company of Policybazaar, is entering the healthcare sector through the launch of its new subsidiary, Policybazaar Health. This move aims to tap into the growing healthcare insurance market in India, which has seen increasing demand for both health and wellness services. Policybazaar Health will offer a range of health-related services and insurance products, aiming to address the needs of India’s expanding middle class. This marks PB Fintech's diversification beyond its core business of insurance comparison, as it looks to capitalize on the rapidly evolving healthcare ecosystem.