PB Fintech to buy remaining MyLoancare stake, inject ₹11 crore into subsidiaries

Policybazaar and Paisabazaar parent PB Fintech has approval to acquire the final 20% of MyLoancare for up to ₹5 crore. It will also infuse ₹10 crore into PB Wheels and ₹1 crore into PB Financial Account Aggregator.

— Source publishedThu, 17 Sept, 2026, 13:07 IST·First seen Thu, 17 Sept, 2026, 13:12 IST·Source Entrackr · Newsletter

What happened

PB Fintech received in-principle approval to buy MyLoancare’s remaining 20% stake for up to Rs 5 crore and approved Rs 11 crore of subsidiary funding. The

Key facts

  • Acquire remaining 20% stake in MyLoancare for up to Rs 5 crore
  • Rs 10 crore capital infusion into PB Wheels
  • Rs 1 crore capital infusion into PB Financial Account Aggregator
  • MyLoancare FY26 turnover: Rs 82 lakh, down 90.6% from Rs 8.7 crore in FY24
  • PB Fintech Q1 FY27 PAT: Rs 163 crore, up 92% YoY
  • PB Fintech Q1 FY27 operating revenue: Rs 1,888 crore, up 40% YoY from Rs 1,348 crore

Why this matters

Buying the final 20% of MyLoancare gives PB Fintech full control over an existing asset, while the subsidiary injections strengthen strategic platforms without requiring a larger external acquisition.

What to watch

  • Completion terms and timing of the MyLoancare minority-stake acquisition.
  • Growth in loan disbursals, lender additions and conversion rates disclosed by Paisabazaar or MyLoancare.
  • PB Wheels partnerships with dealerships, lenders, insurers, OEMs or used-vehicle platforms.
  • Account Aggregator user-consent volumes, FIU/FIP integrations and regulatory developments.
  • Evidence that lending and auto-finance cross-sell improves PB Fintech's customer acquisition cost or adjusted EBITDA.
  • Consolidate MyLoancare operations, technology and lender relationships into Paisabazaar's lending funnel.
  • Deploy PB Wheels funding toward auto-loan, vehicle-insurance and dealer-led distribution integrations.
  • Use the Account Aggregator subsidiary capital to improve consent-based financial-data retrieval, underwriting and personalized credit offers.
  • Pursue higher-margin cross-sell of credit, insurance and account-aggregation-enabled financial products to existing users.