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Tencent buys 10% of Policybazaar, enters India insurance market
November 8, 2019 | By Livemint.com
business
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
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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. T
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