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Rachit Bansal is a distinguished Indian entrepreneur, best known as the co-founder and Director of Policybazaar.com, India's largest online insurance aggregator and a leading fintech player. Holding a Master's degree in Management from the Birla Institute of Management Technology (BIMTECH), Rachit, along with his co-founders, embarked on a mission to address the information asymmetry in the Indian insurance sector. Launched in 2008, Policybazaar aimed to empower consumers by providing transparent comparisons of insurance products, thereby simplifying the decision-making process. Under his strategic guidance, Policybazaar has not only achieved unicorn status but has also significantly transformed how Indians perceive and purchase insurance and other financial products. He has played a crucial role in product development, market strategy, and fostering innovation within the company. Rachit is also associated with Paisabazaar.com, a related venture focusing on lending products. His entrepreneurial journey is marked by a commitment to customer-centricity and leveraging technology to solve real-world financial challenges for the masses.
Rachit Bansal's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
Successfully co-founded and scaled Policybazaar.com, transforming it into India's leading online insurance marketplace and a publicly listed unicorn company, fundamentally changing the insurance distribution landscape in India.
Played an instrumental role in pioneering the insurtech revolution in India, bringing transparency, choice, and convenience to millions of consumers by digitizing the insurance buying process.
Contributed significantly to the growth of the Indian fintech ecosystem through Policybazaar and its sister concern Paisabazaar.com, fostering financial inclusion and literacy.
Led Policybazaar's parent company, PB Fintech, through a successful Initial Public Offering (IPO) in 2021, marking a significant milestone for the Indian startup ecosystem.
Thapar Institute of Engineering & Technology - Year 2003
Govt. Mohindra College - Year 2001
D.A.V Public School - Year 2000
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NatWest Group is a prominent UK-based banking and financial services company, serving over 19 million customers across the globe. Its main operations are in the United Kingdom and the Republic of Ireland. The group operates through well-known brands such as NatWest, Royal Bank of Scotland, Ulster Bank, and Coutts, offering a wide range of services including personal and business banking, private banking, and corporate finance. NatWest Group is focused on supporting its customers' financial well-being, driving sustainable growth, and contributing positively to the communities it serves.
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