bloomberg
Tencent Buys 10% of Policybazaar, Enters India Insurance Market
![](https://insurtechnews.com/uploads/news/external/9oLsEKHJ.png)
Tencent Holdings Ltd. has acquired a minority stake in Policybazaar.com valuing the Indian online insurance aggregator at $1.5 billion, according to a person familiar with the deal, as it tries to get a foothold in the country’s burgeoning insurance sector.