Key facts
- PB Fintech founders Yashish Dahiya and Alok Bansal sold shares worth Rs 665 crore.
- The stake sale occurred on Friday.
- Goldman Sachs and Morgan Stanley were among the buyers.
- This follows previous stake sales by the founders.
- PB Fintech reported strong revenue and profit growth for the January-March quarter.
PB Fintech, the parent company of Policybazaar, is a prominent player in India's online insurance and financial services market. The company's stock performance has been closely watched since its Initial Public Offering (IPO). Stake sales by founders can sometimes signal changes in their confidence or liquidity needs, while strong financial results can indicate underlying business health.