PB Fintech swings into net profit of Rs 60 crore in Q1; revenue up 51% to Rs 1,010 crore

PB Fintech runs insurance marketplace Policybazaar and credit marketplace Paisabazaar. In the June quarter, while the total insurance premium processed by Policybazaar climbed 61% to Rs 4,871 crore from Rs 3,011 crore a year ago, the business of Paisabazaar suffered a slowdown in growth.