PB Fintech Sheds Over ₹34,000 Crore in Market Cap in 3 Sessions; Turtlemint Down ₹1,549 Crore

Shares of insurtech companies Turtlemint and PB Fintech continued to spiral, losing over ₹35,705 crore in cumulative market capitalization across sessions following NBFC commission cap announcements. Insurtech founders should expect stock volatility tied to regulatory policy—policy risk is now priced into equity, and leverage or debt markets will tighten for the sector.

Source: Inc42 ↗