India based digital insurance business and lending marketplace completed a Series F funding round of over $200m led by Softbank's Vision Fund.
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India-based digital insurance company, PolicyBazaar, raised $200m Series F led by the Vision Fund
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“Over the last decade, PolicyBazaar has become synonymous with online insurance shopping in India. We believe that the Indian insurance market continues to remain massively under-developed and PolicyBazaar, supported by SoftBank’s capital and ecosystem, is uniquely positioned to dramatically increase the adoption of insurance products in the country,” Munish Varma, partner at SoftBank Investment Advisers, said in a statement.
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