Tiger Global to sell its 21% PolicyBazaar stake for $300M: Report

American hedge fund Tiger Global is reportedly looking to sell its 21% stake in Gurugram-based insurance aggregator PolicyBazaar for $300 million at a $1.5-billion valuation. Softbank Vision Fund (SVF) and Chinese internet giant Tencent are reportedly among investors looking to buy the same. Tiger Global has reportedly invested about $60 million in PolicyBazaar's parent firm in past five years.