Welcome to the Microsoft Q&A Platform. Thank you for reaching out & I hope you are doing well. I understand that you would like to establish a S2S Connection from Azure Route Based connection to a 3rd Party Policy based VPN Gateway
It is possible to establish a S2S to a Policy based VPN from Azure Route Based.
Except Basic SKU, every other SKU supports both IKEv1 and IKEv2
However, there is a bunch of requirements and supported algorithms. You should check if the supported Cryptographic algorithms are met at both side of the Tunnel. The following docs will come in handy,
- About cryptographic requirements and Azure VPN gateways
- You must enable "UsePolicyBasedTrafficSelectors" for the specific connection to Policy based VPN : Connect Azure VPN gateways to policy-based VPN
- Which Diffie-Hellman Groups are supported?
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Kindly let us know if this helps or you need further assistance on this issue.
Thanks,
Kapil
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