Yashish Dahiya and Alok Bansal, co-founders of Policybazaar, have been recognized in the list of Top 10 Self-made Entrepreneurs of the Millennia 2024 by Hurun India. With a market capitalization of Rs 78,600 crore, their company has seen a 128% increase in valuation over the previous year, along with a 36% increase in revenue.
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Policybazaar overview
Founded in 2008, Policy bazaar is an online platform that aims to bring transparency to the insurance market by simplifying insurance information. The company has sold over 42 million policies, with a focus on reducing mis-selling and policy lapses.
Yashish Dahiya’s background
Yashish Dahiya serves as CEO and co-founder of Policybazaar.
Before starting the company, he worked in consulting at Bain & Company and held a role at Ebookers Plc.
Dahiya’s focus has been on leveraging digital tools to influence consumer decision-making in the insurance sector, particularly in areas such as death, illness and disability insurance products.
Apart from his professional achievements, Dahiya is an accomplished athlete, ranked among India’s top triathletes. He has completed seven Ironman events and represented India at the Masters Swimming World Championship in Kazan.
Dahiya holds a Bachelor of Engineering from IIT Delhi, a PhD in Management from IIM Ahmedabad and an MBA from INSEAD.
Alok Bansal’s role
Alok Bansal, co-founder and vice chairman of Policybazaar, oversees corporate finance and other strategic functions at the company.
Prior to joining Policybazaar, Bansal held senior positions in organizations such as Mahindra Group, iGate Global Solutions and GE.
He was also recognized as one of India’s Top 100 CFOs by CFO India Magazine in 2016.
Bansal holds an MBA from IIM Calcutta and a degree in engineering from Lucknow University.
(Edited by: Shoma Bhattacharjee)
