Bankbazaar

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BankBazaar
Private
IndustryOnline marketplace, Financial products
Founded2008
FounderAdhil Shetty
Headquarters
Chennai
,
India
Key people
  • Arjun Shetty (Founder & COO)
  • Rati Shetty (Founder, & CPO)
  • Pankaj Bansal (Chief Business Officer)
  • IYPE ISAC (Chief Delivery Officer
ProductsCredit Cards, Free Credit Report, Loans
ParentA&A Dukaan Financial Services Private Limited
Website[// ] 

BankBazaar is an Indian financial technology company primarily known for being a co-branded credit card issuer in India. It operates an online platform that offers free credit score services and various personal finance tools.

History

BankBazaar, co-founded by Adhil Shetty,[1] Arjun Shetty [2] and Rati Shetty [3] in Chennai, Tamil Nadu, is owned by A&A Dukaan Financial Services Private Limited.

Funding

Initial funding

BankBazaar started with an initial capital of Rs. 45 lakh, and over the years, it has received significant funding to fuel its growth.

Series C funding - 2015

In 2015, BankBazaar raised $60 million[4] in Series C funding. This round was led by Amazon, along with Fidelity Growth Partners, Sequoia Capital, Walden International, and Mousse Partners. This funding played a crucial role in BankBazaar's expansion and development.

References

  1. "Adhil Shetty". Entrepreneur India. Retrieved 2020-04-04.
  2. "Arjun Shetty". FortuneIndia. Retrieved 2018-03-04.
  3. "Rati Shetty". Outlook Business. Retrieved 2019-01-03.
  4. "BankBazaar raises Rs.375 crore in 2015". Money Control. Retrieved 2015-07-02.

External links

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