BankBazaar - About the company
BankBazaar is a series D company based in Chennai (India), founded in 2008 by Arjun Shetty, Adhil Shetty and Rati Shetty. It operates as a Provider of online financial services and credit score tracking tools. BankBazaar has raised $134M in funding from investors like Walden International, Peak XV Partners and Experian, with a current valuation of $*****. The company has 281 active competitors, including 57 funded and 11 that have exited. Its top competitors include companies like BharatPe, Recur Club and American Express.
Company Details
Provider of online financial services and credit score tracking tools. This platform offers users access to credit score monitoring, personal finance content, and comparison tools for various financial products including credit cards and loans. It facilitates the issuance of co-branded credit cards and provides digital solutions for managing personal financial portfolios.
- Website
- bankbazaar.com
- Social
- Email ID
- *****@bankbazaar.com
- Phone Number
- +91 **********
- Registered Address
- Prince Info Park, Block-B, 3rd Floor, 81B, 2nd Main Road, Ambattur Industrial Estate,Chennai, Ambattur Indl Estate, Tiruvallur, Ambattur, Tamil Nadu, India, 600058
Key Metrics
Founded Year
2008
Location
Chennai, India
Stage
Series D
Total Funding
$134M in 11 rounds
Latest Funding Round
Post Money Valuation
$***** as on Feb 11, 2026
Investors
Ranked
7th among 281 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
544 as on May 31, 2026
Legal entities associated with BankBazaar
BankBazaar is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
BBAZAAR MARKETING AND ADVISORY SERVICES PRIVATE LIMITED CIN: U74110TN2016PTC103950 , India, Active | Feb 03, 2016 | 0 - ₹10 Cr (As on Mar 31, 2025) | 24 (As on May 31, 2026) | |
A&A DUKAAN FINANCIAL SERVICES PRIVATE LIMITED CIN: U67190TN2008PTC066350 , India, Active | Feb 07, 2008 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 520 (As on May 31, 2026) |
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BankBazaar's funding and investors
BankBazaar has raised a total funding of $134M over 11 rounds. Its first funding round was on Aug 29, 2008. Its latest funding round was a Series D round on Feb 11, 2026 for $*****. 1 investor participated in its latest round. BankBazaar has 19 institutional investors and 30 angel investors.
Here is the list of recent funding rounds of BankBazaar:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 11, 2026 | 4676916 | Series D | 7710853 | 2595965 | 8298224 | 4916262 |
Dec 02, 2025 | 9790992 | Venture Debt | 4461010 | 7109256 | 6540662 | |
Apr 06, 2025 | 3542742 | Series D | 6126754 | 4137105 |
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BankBazaar's founders and board of directors
Founder? Claim ProfileThe founders of BankBazaar are Arjun Shetty, Adhil Shetty and Rati Shetty. Adhil Shetty is the CEO of BankBazaar.
Here are the details of BankBazaar's key team members:
- Arjun Shetty: Co-Founder & COO of BankBazaar and founder of 1 other company. They are also an angel investor in 4 startups.Contact Info: 1 email address and 1 phone number
- Adhil Shetty: Co-Founder & CEO of BankBazaar and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Rati Shetty: Co-Founder & CPO of BankBazaar and founder of 1 other company. Contact Info: 1 email address
BankBazaar's Board of Directors
BankBazaar's board has 5 active members. Arjun Shetty Yedthare, Andrew Kuoyen Kau and Alexander Kasper Marquez are part of team and Adhil Shetty and Iype Isac . are independent board members.Here is the list of BankBazaar's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
wssgkpf | Team | - | Past | 9y 7m |
Investor | - | Current | 12y 6m | |
Investor | - | Current | 8y 9m | |
j{gbxcj | Investor | - | Past | 9y 6m |
Independent board member | - | Current | 18y 8m | |
legpuej | Independent board member | - | Current | 2y 8m |
xitzzrq | Independent board member | - | Past | 3y 9m |
lcnxfmy | Independent board member | - | Past | 3y 9m |
View details of BankBazaar's Founder profiles and Board Members
BankBazaar's employee count trend
BankBazaar has 544 employees as of May 26. The total employee count is 32.0% lower than what it was in May 25. Here is BankBazaar's employee count trend over the years:
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BankBazaar's Competitors and alternates
Top competitors of BankBazaar include BharatPe, Recur Club and American Express. Here is the list of Top 10 competitors of BankBazaar, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of payment solutions, lending, and investment opportunities for businesses | $584M | 86/100 | ||
2nd |  Recur Club 2021, Delhi (India), Series A | Provider of non-dilutive debt financing for startups and growing businesses | $15.3M | 77/100 | |
3rd | American Express 1850, New York City (United States), Public | Online comparison portal of financial products for individuals and businesses | - | 77/100 | |
4th |  OneCard 2019, Series D | Provider of metal credit cards with integrated mobile application management | $262M | 74/100 | |
5th | Provider of credit insurance and savings products for small town families | $35.1M | 73/100 | ||
6th |  Kredivo Holdings 2015, Jakarta (Indonesia), Series D | Provider of a consumer lending platform for financial applications | $660M | 69/100 | |
7th |  BankBazaar 2008, Chennai (India), Series D | Provider of online financial services and credit score tracking tools | $134M | 68/100 | |
8th | Provider of a technology-driven lending platform that connects small businesses with a network of lending partners | $99.1M | 65/100 | ||
9th | P2P lending platform for consumers & businesses | $1.68M | 64/100 | ||
10th | Provider of a gold rewards credit card program | $104M | 64/100 |
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Financials of BankBazaarFY 25 Available
A&A DUKAAN FINANCIAL SERVICES PRIVATE LIMITED, the legal entity associated with BankBazaar, generated between ₹100 Cr and ₹500 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of A&A DUKAAN FINANCIAL SERVICES PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 35% in the last 1 year.
Financial Statement Summary
Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
Income Statement | |||||
Revenue | 1276 | 9833 | 8520 | 8070 | 5639 |
Total Sales | 4769 | 3397 | 6671 | 6068 | 3867 |
Total Expenses | 9436 | 2283 | 8385 | 3221 | 9501 |
Operating Expenses | 5302 | 7987 | 5498 | 9582 | 7859 |
Employee Expenses | 7574 | 5675 | 2727 | 9625 | 4822 |
Marketing Expenses | 7159 | 4079 | 7237 | 7233 | 9949 |
Operating Income (EBIT) | 4781 | 5619 | 6616 | 1588 | 8994 |
Interest Expenses | 6022 | 2940 | 4075 | 4963 | 9444 |
Expenses from other activities | 5453 | 7235 | 6240 | 6325 | 8336 |
Information Technology Expenses | 8627 | 6445 | 6942 | 4659 | 1437 |
EBITDA | 5360 | 1728 | 5862 | 4054 | 3357 |
Taxes | 3160 | 3144 | 9957 | 1421 | 4591 |
Net Profit | 7752 | 6556 | 6769 | 9910 | 8571 |
Balance Sheet | |||||
Assets | 2387 | 9821 | 9106 | 8078 | 6391 |
Cash Equivalent | 6997 | 2766 | 2612 | 6188 | 3874 |
Accounts Receivables | 2252 | 2365 | 3711 | 3065 | 6542 |
Inventory | 9057 | 5424 | 2415 | 6625 | 4286 |
Liabilities | 3172 | 6029 | 1411 | 3005 | 5078 |
Total Debt | 4173 | 8896 | 4524 | 7843 | 1997 |
Accounts Payable | 1438 | 3790 | 4581 | 6977 | 9315 |
Equities | 7861 | 5258 | 3364 | 1550 | 6930 |
Cashflow Statement | |||||
Cash from Operating activities | 4709 | 1127 | 3895 | 8073 | 8003 |
Cash from Investing activities | 2786 | 7556 | 3563 | 5261 | 5703 |
Net cash from Financing activities | 2298 | 2671 | 6801 | 1430 | 7681 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
BankBazaar's Investments and acquisitions
BankBazaar has made no investments or acquisitions yet.
Reports related to BankBazaar
Here is the latest report on BankBazaar's sector:
News related to BankBazaar
Filter this listMedia has covered BankBazaar for a total of 3 events in the last 1 year, 2 of them have been about company updates.
•
BankBazaar eyes strategic tie-ups in insurance, expands personal finance offeringsFinancial Express•Sep 22, 2026•BankBazaar
•
Fintech leaders see structural correction as sector moves from hypergrowth to 705 shutdownsIndiatimes•Mar 19, 2026•Airpay, BankBazaar
•
Peak XV-backed BankBazaar posts Rs 249 Cr revenue in FY25; cuts lossesEntrackr•Jan 07, 2026•BankBazaar
•
Digital lending start-ups see funding drop 21% to $324.8 mn in 2025Financial Express•Sep 26, 2025•Fibe, KreditBee, BankBazaar, Kissht
•
BankBazaar ventures into gold loans through a tie-up with Muthoot FinCorpYourStory•Apr 23, 2025•BankBazaar, Muthoot Fincorp
•
BankBazaar raises Rs 55 crore; enters gold loan business with Muthoot Fincorp
Indiatimes•Apr 23, 2025•BankBazaar, Muthoot Fincorp
•
BankBazaar has raised INR 55 Cr in a fresh funding round from Muthoot Fincorp and Walden InternationalEnablers•Apr 23, 2025•Muthoot Fincorp, BankBazaar, Walden Venture Capital
•
BankBazaar has raised INR 80 Cr in Series D round via private placement.Enablers•Apr 29, 2024•BankBazaar
•
BankBazaar bags Rs 130 Cr in equity and debt fundingEntrackr•Apr 26, 2024•BankBazaar, Vistra ITCL, Peak XV Partners, Amazon and 3 others
•
IPO-bound BankBazaar.com reports 36% revenue growth in FY24, losses nearly flatIndiatimes•Apr 25, 2024•BankBazaar
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