Fintech News · 31 October 2026 · 3 min read
In short: PB Fintech, the company behind Policybazaar and Paisabazaar, reported a September-quarter (Q2 FY27) net profit of ₹192.4 crore, up about 43% from ₹135 crore a year ago. Revenue from operations rose about 35% to ₹2,177.7 crore. Separately, on 30 October the Competition Commission of India (CCI) cleared Prosus’s $100 million (over ₹955 crore) minority investment in Sachin Bansal-led Navi.
PB Fintech Q2 FY27 in numbers
| Measure | Q2 FY27 | Change |
|---|---|---|
| Net profit | ₹192.4 crore | Up about 43% YoY; up 18% from Q1 (₹163 crore) |
| Revenue from operations | ₹2,177.7 crore | Up about 35% YoY; up 15% QoQ |
| Total expenses | ₹2,067.7 crore | – |
| UAE insurance premium (quarter) | ₹2,258 crore | Up 36% YoY |
Navi: deal cleared, IPO in view
- Prosus invested $100 million in Navi in August, its first institutional funding round. The CCI approval on 30 October clears the minority stake.
- Navi’s lending arm, Navi Finserv, manages loans of over ₹13,000 crore. Navi UPI was India’s fourth-largest third-party UPI app by volume in FY26.
- Navi could refile IPO papers with SEBI by December for a fresh issue of about ₹3,000 crore, according to reports cited by Inc42. Navi has not confirmed this.
- Overall, Indian startups raised $130.2 million across 32 deals during 26-30 October, per Inc42.
What it means for you
- Strong growth at insurance and loan marketplaces shows more people are buying policies and comparing loans online. Always check the insurer or lender directly before you sign.
- If you use Navi for loans, UPI or mutual funds, the investment does not change your accounts or terms.
- Track deals on our fintech funding tracker and upcoming listings on our IPO tracker.
Sources
- Inc42: PB Fintech Q2 profit jumps 42% YoY to ₹192 crore
- Whalesbook: PB Fintech UAE premium hits ₹2,258 crore; profit up 43%
- Inc42: CCI clears Navi’s $100 mn investment from Prosus
- Business Standard: Navi raises $100 mn from Prosus in maiden funding round
- Inc42: Indian startups raised over $130 mn this week
This is a news summary for education, not investment advice. Figures are as reported on or before 31 October 2026; check official sources before making decisions.