The market has become a lot more real of late: PB Fintech's Dahiya, Bansal

The initial public offering of PB Fintech – parent company of PolicyBazaar and PaisaBazaar - will open on November 1 at a price band of Rs 940–980. The company is looking to raise Rs 5,700 crore at a Rs 44,000-crore valuation. YASHISH DAHIYA, chairman and chief executive officer, PB Fintech, and ALOK BANSAL, its whole-time director and chief financial officer, spoke to Subrata Panda about the company’s business growth during the pandemic, its future plans, trends in the insurance sector, and profitability. Edited excerpts:

How has business grown during the pandemic?

Dahiya: If you look at the Covid-19 pandemic, it has heightened the