Chinese language web big Tencent has decreased its stake in PB Fintech, the father or mother firm of Policybazaar and Paisabazaar, by a block deal price Rs 694.65 crore, with a number of home and international institutional buyers choosing up the shares.

In keeping with bulk deal information on the inventory exchanges, Tencent Cloud Europe BV bought 48,40,439 shares of PB Fintech at a value of Rs 1,435.10 per share on March 6.

The transaction represents about 1.04% of the corporate’s paid-up fairness. Following the sale, Tencent Cloud Europe’s holding in PB Fintech declined from 97,48,750 shares, or 2.12% stake, to 49,08,311 shares, representing 1.06%.

A number of institutional buyers participated within the block deal and purchased the shares bought by Tencent. Goldman Sachs entities have been among the many largest consumers within the transaction. Goldman Sachs Financial institution Europe SE bought 7,01,249 shares price Rs 100.63 crore, whereas Goldman Sachs Financial institution Europe SE – ODI purchased 5,64,508 shares valued at about Rs 81 crore. Collectively, the Goldman Sachs entities acquired about 12.65 lakh shares price roughly Rs 181.6 crore, making them the most important investor group among the many members.

Mirae Asset Mutual Fund bought 9,00,000 shares price Rs 129.15 crore, whereas Société Générale (ODI) acquired 7,00,000 shares valued at Rs 100.45 crore. DSP Mutual Fund purchased 3,25,643 shares price Rs 46.73 crore.

Different consumers included Schroder Asian Alpha Plus Fund, which bought 3,46,958 shares price Rs 49.8 crore, and Schroder AsiaPacific Fund PLC, which acquired 2,57,081 shares valued at Rs 36.9 crore. Tata Mutual Fund additionally participated within the deal, buying 3,45,000 shares price Rs 49.5 crore, whereas Viridian Asia Alternatives Grasp Fund purchased 7,00,000 shares for Rs 100.45 crore.

Tata Mutual Fund and Mirae Asset Mutual Fund already held stakes of 1.1% and 1.63%, respectively, in PB Fintech as of December 2025.