Capital Group buys 6.24% stake in PB Fintech for ₹2,770 cr: Report

Capital Group purchased an additional 6.24% stake in Policybazaar's parent company PB Fintech for an estimated ₹2,770 crore, Moneycontrol reported. The US-based financial services company reportedly raised its stake over the last three months through its two funds. Capital Group now holds a 7.91% stake in the fintech company, the report said.