• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Sunday, May 18, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

PolicyBazaar CEO earned around ₹3 crores. Who are other top paid executives?

by Rohit Yadav
August 2, 2021
in Business, Markets, News, Tech, Trending
Reading Time: 2 mins read
0
Policybazaar raises $75M led by Falcon Edge Capital ahead of IPO
TwitterWhatsappLinkedin

On Monday, PB Fintech, the parent company of India’s largest insurance aggregator PolicyBazaar, filed for its much-anticipated initial public offering (IPO). With this offering, the business hopes to collect $6,017 crore, allowing Japanese giant SoftBank to leave partially.

You might also like

Report: OpenAI and UAE Partner to Build Massive Data Center

The Best Memorial Day Tech Deals of 2025: Big Savings on Apple, Amazon, Dyson, and More

Xiaomi to Launch First High-End Self-Developed Mobile Chip as It Reenters the Silicon Race

Image Source – PolicyBazaar

Policybazaar

PB Fintech (previously known as EtechAces Marketing and Consulting) was founded in 2008 by Yashish Dahiya, Alok Bansal, and Avaneesh Nirjar. Policybazaar, Paisabazaar, and DocPrime are the company’s three primary subsidiaries. It is a Gurgaon-based insurance aggregator and international financial technology firm.

Look at the top-paid executives

Chief Executive Officer (CEO) Yashish Dahiya, earned over 2.80 crore for the fiscal year ending March 2021, Chief Financial Officer (CFO) Alok Bansal, earned 2.1 crore, and Sarbvir Singh, earned 1.48 crore, are among PB Fintech highest-paid workers.

Yashish Dahiya, CEO. (Source: PolicyBazaar)

With effect from June 28, 2021, Alok Bansal has been re-appointed as a Whole-Time Director of PB Fintech for a five-year term. His new compensation package will include a base monthly salary of between Rs. 4 lakh and Rs. 12 lakh. Aside from that, he would be eligible for yearly performance bonuses, special allowances, and other benefits.

In addition to monetary compensation, PB Fintech’s senior management has been given stock options through an employee stock option plan (ESOPs).

Independent directors to lose

With effect from June 28, 2021, Alok Bansal has been re-appointed as a Whole-Time Director of PB Fintech for a five-year term. His new compensation package will include a base monthly salary of between Rs. 4 lakh and Rs. 12 lakh. Aside from that, he would be eligible for yearly performance bonuses, special allowances, and other benefits.

In addition to monetary compensation, PB Fintech’s senior management has been given stock options through an employee stock option plan (ESOPs).

Policybazaar is one of PB Fintech’s companies that allows consumers to buy insurance plans online. Other PB Fintech companies include online lending platform PaisaBazaar (founded in 2014) and healthtech venture DocPrime (founded in 2018), which allows visitors to arrange doctor appointments and a variety of medical testing.

Softbank is eager to sell its share

SoftBank has been waiting for this for a long time, particularly after the WeWork IPO fiasco, which nearly lost the business its Vision Fund II. The Japanese conglomerate will have enormous profits to offer to foreign investors thanks to Indian financial giants Paytm and PolicyBazaar.

In the PolicyBazaar IPO, SoftBank plans to sell shares worth Rs. 1,875 crore. Meanwhile, the company’s CEO Yashish Dahiya and CFO Alok Bansal will sell shares for a total of 950 crore through the public offering.

Tags: policybazaarPolicyBazaar CEOPolicyBazaar IPOPolicyBazaar Top executives
Tweet54SendShare15
Previous Post

Louis Vuitton To Launch A Video Game On Its 200th Anniversary Titled Louis

Next Post

Google Pixel 6 is official! Google reveals details on custom tensor chip & more

Rohit Yadav

Hi! I'm Rohit, If you like reading about markets, technology and business, you've come to the right place. Catch me: [email protected]

Recommended For You

Report: OpenAI and UAE Partner to Build Massive Data Center

by Sneha Singh
May 18, 2025
0
Report: OpenAI and UAE Partner to Build Massive Data Center

Tech giant OpenAI will be part of building what may be one of the world's biggest data centres in the United Arab Emirates, a Bloomberg News report published...

Read more

The Best Memorial Day Tech Deals of 2025: Big Savings on Apple, Amazon, Dyson, and More

by Anochie Esther
May 18, 2025
0
Memorial Day

As Memorial Day approaches, many Americans prepare for backyard barbecues, summer getaways, and a well-earned long weekend. But beyond the grilled burgers and fireworks, Memorial Day has quietly...

Read more

Xiaomi to Launch First High-End Self-Developed Mobile Chip as It Reenters the Silicon Race

by Anochie Esther
May 18, 2025
0
Xiaomi

In a bold move that marks a new chapter in its technological evolution, Chinese electronics giant Xiaomi has announced plans to unveil its latest self-developed mobile processor, the...

Read more
Next Post
Google Pixel 6 is official

Google Pixel 6 is official! Google reveals details on custom tensor chip & more

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?