Policybazaar raises $ 75 million to fuel expansion in the Middle East

Indian insurance company Policybazaar has raised $ 75 million to advance its expansion plans in the Middle East and the United Arab Emirates.

Yashish Dahiya, CEO of Policybazzar

Falcon Edge Capital led the financing, which Policybazaar says is the largest of its kind in the region for insurance.

The company says the funding is heading towards “aggressive expansion in the UAE and the Middle East.”

“As a brand, we’re scratching the surface of how powerful the online insurance and credit business is …

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