New World Fund Reduces Stake in PB Fintech by 2.10%
New World Fund, Inc. has significantly reduced its shareholding in PB FinTech, the parent company of Policybazaar and Paisabazaar. On November 12, 2025, the fund sold 9,214,138 shares through open market transactions on BSE and NSE. This reduced New World Fund's stake from 5.05% (22,795,194 shares) to 2.96% (13,581,056 shares), a decrease of 2.10%. Despite this sale, PB FinTech's total equity share capital increased from 451,203,464 to 459,307,364.

*this image is generated using AI for illustrative purposes only.
PB FinTech , the parent company of Policybazaar and Paisabazaar, has seen a significant reduction in shareholding by New World Fund, Inc., according to a recent regulatory filing. The transaction, which took place on November 12, 2025, involved the fund selling 9,214,138 shares of the fintech company through open market transactions.
Shareholding Details
The reduction in stake has altered New World Fund's position in PB FinTech as follows:
| Aspect | Before Transaction | After Transaction | Change |
|---|---|---|---|
| Number of Shares | 22,795,194 | 13,581,056 | -9,214,138 |
| Shareholding Percentage | 5.05% | 2.96% | -2.10% |
This move represents a significant decrease in the fund's investment in the company, reducing its stake by more than 40% of its previous holding.
Transaction Specifics
- Date of Sale: November 12, 2025
- Mode of Sale: Open market transactions
- Stock Exchanges: BSE and National Stock Exchange of India
Impact on PB FinTech's Capital Structure
The transaction has also affected PB FinTech's overall capital structure:
| Capital Aspect | Before Sale | After Sale |
|---|---|---|
| Total Equity Share Capital | 451,203,464 | 459,307,364 |
It's worth noting that despite the sale of shares by New World Fund, PB FinTech's total equity share capital has increased, indicating other capital-related activities during this period.
Market Implications
While the reasons behind New World Fund's decision to reduce its stake are not disclosed in the filing, such significant moves by institutional investors often attract market attention. The reduction in shareholding by a major investor could potentially impact market sentiment towards PB FinTech stock in the short term.
Investors and market analysts will likely be watching closely to see if this move signals any broader trends or changes in institutional investor sentiment towards the fintech sector in India.
PB FinTech, known for its digital insurance and lending platforms, continues to be a significant player in India's growing fintech landscape. The company's performance and future prospects will remain of interest to both retail and institutional investors alike.
Historical Stock Returns for PB FinTech
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.79% | +0.28% | +9.63% | +6.31% | +4.74% | +49.83% |















































