PB Fintech to Acquire Remaining 20% Stake in MyLoancare for Up to Rs 5 Crore
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Khushi Jain
- September 17, 2026
PB Fintech, the parent company of Policybazaar and Paisabazaar, has received in-principle approval to acquire the remaining 20% stake in its subsidiary MyLoancare Ventures Pvt Ltd for up to Rs 5 crore, according to its exchange filing.
Following the acquisition, MyLoancare will become a wholly owned subsidiary of PB Fintech. The transaction will be completed through cash consideration and is expected to close by March 31, 2027.
The final acquisition price will be determined based on the valuation report and will be subject to approval from the M&A and Investment Committee and acceptance by the selling shareholders.
Incorporated in 2013, MyLoancare is an RBI-registered NBFC engaged in digital lending technology, retail loan aggregation and financial product distribution.
The company’s turnover plunged 90.6% to Rs 82 lakh in FY26, from Rs 8.7 crore in FY24.
Capital Infusions Into PB Wheels and PB Financial Account Aggregator
Separately, PB Fintech has approved capital infusions of up to Rs 10 crore in PB Wheels and Rs 1 crore in PB Financial Account Aggregator, both of which are wholly owned subsidiaries.
The funds will support working capital and operating expenses at PB Wheels, while the infusion into PB Financial Account Aggregator will be used for operating expenses and RBI-mandated capital requirements.
PB Fintech Financial Performance
PB Fintech reported a 92% YoY jump in profit after tax to Rs 163 crore in Q1 FY27.
Its operating revenue grew 40% YoY to Rs 1,888 crore, compared with Rs 1,348 crore in the year-ago quarter.
FAQs
1. How much stake is PB Fintech acquiring in MyLoancare?
PB Fintech plans to acquire the remaining 20% stake in MyLoancare.
2. What is the maximum acquisition amount for MyLoancare?
The acquisition is valued at up to Rs 5 crore.
3. When is the MyLoancare acquisition expected to close?
The transaction is expected to close by March 31, 2027.
4. What is MyLoancare’s business?
MyLoancare is an RBI-registered NBFC engaged in digital lending technology, retail loan aggregation and financial product distribution.
5. How did PB Fintech perform in Q1 FY27?
PB Fintech’s profit after tax rose 92% YoY to Rs 163 crore, while operating revenue grew 40% YoY to Rs 1,888 crore.
