Mumbai, Feb. 2 -- PB Fintech Ltd, the parent of Policybazaar, said on Monday that its board will meet on 5 February to consider raising capital through a qualified institutional placement (QIP) to fund inorganic growth opportunities.

In an exchange filing, it said the board, at a meeting held on Monday, reviewed PB Fintech's organic growth trajectory and discussed a strategy to supplement it with selective acquisitions and strategic investments in domestic and international markets.

"The Board of Directors of PB Fintech Ltd ("Company"), at its meeting held earlier today, noted the Company's robust organic growth trajectory over the years and discussed its strategy to complement this by selectively pursuing inorganic opportunities in loc...