Tiger Global Management offloads PB Fintech shares worth ₹522.50 crore

Tiger Global Management has offloaded shares amounting to a 2.98 per cent stake in Policybazaar's parent firm PB Fintech for ₹522.50 crore through open market transactions. According to data from the NSE, funds managed by Tiger Global have sold a total of 1,34,17,607 shares. The shares were disposed of at an average price of ₹389.38-₹389.44 apiece.