Indian fintech firm PB Fintech plans a $100m healthcare investment for a 20-30% stake, aiming to improve trust and affordability.
PB Fintech, an Indian fintech firm, plans to invest $100 million in a healthcare venture, seeking a 20-30% stake. This one-time investment aims to bridge the trust gap between hospitals and insurance companies, addressing healthcare affordability for the middle class. The initiative, pending board approval, could attract further investments from private equity. Following the announcement, PB Fintech’s stock rose by 3.5%.
September 30, 2024
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