Tencent buys 10% of Policybazaar, enters India insurance market
Tencent, known for its dominant WeChat messenger app, has been an aggressive investor in Indian startups.The $150 million deal was signed earlier this week: Report
Tencent Holdings Ltd. has acquired a minority stake in Policybazaar.com valuing the Indian online insurance aggregator at $1.5 billion, according to a person familiar with the deal, as it tries to get a foothold in the countrys burgeoning insurance sector.
It’s time to compare and apply for the best loan offers at Afinoz. We are a leading online financial marketplace for Personal Loans
, Business Loan
& Car Loan
and Investment Products. Our system intelligence and the automated system offers the best options to you for the real-time tracking of your loan application in an easy manner. Stay tuned to latest updates in the industry at Afinoz.com