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Policybazaar raises $75m from existing, new investors at $500m valuation

India based online insurance comparison portal PolicyBazaar raised a $75m Series E led by Temasek and Tiger Global.

In 2015-16, sales at Policybazaar grew 30% to Rs109 crore while losses widened 72% to Rs110 crore. The company has not filed its numbers...…

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