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Thursday, 11 July 2019

Tiger to exit Policybazaar, eyes $1.5 billion valuation for company

Chinese internet giant Tencent and Japan’s SoftBank Vision Fund are among the investors in discussions to pick up a 21% stake of Tiger Global Management in Etechaces Marketing and Consulting, which owns online financial services portals Policybazaar and Paisabazaar, according to three sources familiar with the development.

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