Temasek Holdings sells entire 5.42% stake in Policybazaar parent firm PB Fintech for ₹2,425 crore

Temasek Holdings sells entire 5.42% stake in Policybazaar parent firm PB Fintech for ₹2,425 crore

Singaporean investment fund Temasek Holdings offloaded its entire stake in PB Fintech for ₹2,425 crore through open market transactions on Thursday. The sovereign wealth fund exit Policybazaar’s parent firm by selling its 5.42 per cent stake in three tranches on the BSE. According to the block deal data, Temasek Holdings’ wholly-owned subsidiary Claymore Investments (Mauritius) …

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