07 Mar 2026 | 3 Mins Read
Tencent Cloud Europe invests in PB Fintech for ₹695 crore
Flipitmoney
Tencent Cloud sold a 1% stake in PB Fintech through a ₹695 crore block deal. Goldman Sachs, Societe Generale, and Viridian Asia Opportunities Mutual Fund were key buyers. PB Fintech posted ₹189 crore Q3 profit with 37% revenue growth and a 45% rise in insurance premiums, while shares closed at ₹1,428.15, down 3.19%.