BankBazaar is an online marketplace that gives consumers access to customized rate quotes on loans, credit cards or personal finance products such as insurance policies, bank loans and credit card offers.
BankBazaar is the world’s first neutral online marketplace that helps people compare and choose financial products such as loans, insurance, credit cards, fixed deposits, saving accounts, mutual funds etc., - over a highly secure, user friendly, and intuitive platform.
BankBazaar was founded in 2008 by Adhil Shetty, Arjun Shetty, and Rati Shetty. The company is headquartered in Chennai, India, and has offices in Bangalore and Mumbai.
BankBazaar focuses on harnessing technology to deliver end-to-end paperless transactions which brings huge convenience to customers while helping support the environment. With a supportive customer service team and a growing community of users, BankBazaar is the easiest way for people to compare and purchase the right financial products online.
BankBazaar partners with over 80 financial organizations in India that include the largest nationalized and private banks, NBFCs and insurance companies to offer a never before range of financial products and services. It has tied-up with HDFC Bank, Axis Bank, ICICI Bank, HDFC Limited, PNB, Indiabulls, Fullerton, Standard Chartered Bank, ING and others across personal loans, home loans and car loans.
BankBazaar is backed by investors including Walden International, Sequoia Capital, WSV Capital, Amazon, Experian, Fidelity Growth Partners, Mousse Partners and others. The company raised $6M in a Series D1 round on June 02, 2020. This brings BankBazaar's total funding to $121M to date.