BankBazaar History ( Simple Quick Loan )
BankBazaar History ( Simple Quick Loan )
BankBazaar
BankBazaar is definitely an online marketplace that gives consumers use of
customized rate quotes upon loans, credit cards or even personal finance products
for example insurance policies, bank loans and charge card offers. ¹ They provide
their services through internet and mobile platforms, by which consumers
can search with regard to offers, compare, and personalize it.
History
Within 2008, with an preliminary capital of Rs. forty five lakh, BankBazaar. com had been
started, with a group of 6 people within Chennai. The name was chosen since it
signifies a choice as well as comparison of banks. four
The founders Adhil Shetty, Arjun Shetty and Rati are several U. S.
return business owners who had worked within companies like Deloitte, Amazon . com. com,
Capital One as well as Microsoft.
Funding
Within August 2008, BankBazaar elevated its first round associated with funding of Rs. four crore
from strategic buyer AVT Infotech. 7 8? Through March 2011, they experienced their
second round associated with funding of Rs. twenty-eight crore from Walden Worldwide. 7
Within January 2014, it elevated Rs. 80 crore through Sequoia Capital and Walden
International inside a Series B round financing.
In July 2015, this raised Rs. 375 crore within its Series C circular of funding led
through Amazon with participation through Fidelity Growth Partners, Mousse
Partners in addition to existing investors Sequoia Capital as well as Walden
International.
BankBazaar
BankBazaar is definitely an online marketplace that gives consumers use of
customized rate quotes upon loans, credit cards or even personal finance products
for example insurance policies, bank loans and charge card offers. ¹ They provide
their services through internet and mobile platforms, by which consumers
can search with regard to offers, compare, and personalize it.
History
Within 2008, with an preliminary capital of Rs. forty five lakh, BankBazaar. com had been
started, with a group of 6 people within Chennai. The name was chosen since it
signifies a choice as well as comparison of banks. four
The founders Adhil Shetty, Arjun Shetty and Rati are several U. S.
return business owners who had worked within companies like Deloitte, Amazon . com. com,
Capital One as well as Microsoft.
Funding
Within August 2008, BankBazaar elevated its first round associated with funding of Rs. four crore
from strategic buyer AVT Infotech. 7 8? Through March 2011, they experienced their
second round associated with funding of Rs. twenty-eight crore from Walden Worldwide. 7
Within January 2014, it elevated Rs. 80 crore through Sequoia Capital and Walden
International inside a Series B round financing.
In July 2015, this raised Rs. 375 crore within its Series C circular of funding led
through Amazon with participation through Fidelity Growth Partners, Mousse
Partners in addition to existing investors Sequoia Capital as well as Walden
International.
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