Temasek Subsidiary Offloads 2.2% Stake in PB Fintech for Rs 1,632 Crore

Singapore’s sovereign wealth fund Temasek, through its subsidiary Macritchie Investments, has sold a 2.2% stake in

ch, the parent company of Policybazaar, for approximately Rs 1,632 crore. According to the latest shareholding pattern from March 2026, Macritchie held a 6.47% stake in the fintech firm prior to the transaction. The sale reflects ongoing portfolio rebalancing by the investor amid PB Fintech’s strong market performance in India’s competitive insurance broking sector. This move comes as PB Fintech continues to expand its digital insurance offerings. The transaction is expected to be executed through the open market or block deal route, providing liquidity to the Singapore-based investor while signalling sustained institutional interest in India’s growing fintech space.