MacRitchie to sell up to $200 million stake in India's PB Fintech, term sheet shows
- Posted on July 2, 2026
- By Business News Today
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- 1 min read
MacRitchie to sell up to $200 million stake in India's PB Fintech, term sheet shows
MacRitchie Investments is set to divest up to $200 million in PB Fintech, the parent company of Policybazaar and Paisabazaar. This move involves selling approximately 2.6% of the company's outstanding shares, with a floor price of 1,604 rupees per share, representing a slight discount. The transaction is anticipated to occur on July 3rd, with MacRitchie subject to a 60-day lock-up on its remaining stake.
