Temasek-linked Macritchie Investments Pte Ltd has bought a 2.2% stake in PB Fintech, the dad or mum firm of Policybazaar and Paisabazaar, by bulk offers value about Rs 1,633 crore.

NSE bulk deal knowledge confirmed Macritchie Investments bought 1.01 crore shares at Rs 1,604.12 apiece, taking the entire transaction worth to Rs 1,632.98 crore. The investor held a 6.47% stake in PB Fintech on the finish of March.

The transaction comes after a sequence of huge secondary share gross sales in PB Fintech.

In Could, Tencent Cloud Europe BV exited its remaining 1.05% stake within the firm, promoting 48.4 lakh shares at Rs 1,664 every for about Rs 805.4 crore. Later that month, PB Fintech co-founders Yashish Dahiya and Alok Bansal bought a mixed 38 lakh shares at Rs 1,751 every, elevating about Rs 665 crore. 

Individually, PB Fintech has been increasing elements of its monetary companies enterprise. The corporate’s M&A and Funding Committee authorised an funding of as much as Rs 20 crore in PB Pay Non-public Restricted, its wholly owned on-line fee aggregation subsidiary, in a number of tranches.

“The capital is being infused to help enterprise enlargement and/or to satisfy the capital adequacy/web value standards mandated by the RBI for working as a Cost Aggregator,” PB Fintech stated in its change submitting. 

The committee additionally authorised the incorporation of two wholly owned step-down subsidiaries in Dubai’s Worldwide Monetary Centre by PB Fintech FZ LLC. The proposed entities, Policybazaar Monetary Advisors (DIFC) LLC and PB Re Brokers (DIFC) LLC, will search approvals to supply monetary advisory and reinsurance-related companies.

For the fourth quarter of FY26, PB Fintech reported a 37% year-on-year rise in consolidated working revenue to Rs 2,061 crore, whereas PAT rose 54% to Rs 261 crore.