About BankBazaar
BankBazaar is a company based in Chennai (India) founded in 2008 by Rati Shetty, Adhil Shetty, and Arjun Shetty.. BankBazaar has raised $132.09 million across 9 funding rounds from investors including Amazon, Experian and Muthoot Fincorp. The company has 1,081 employees as of March 28, 2024. BankBazaar offers products and services including Credit Card Comparison Tool, Loan Comparison Service, and EMI Calculator. BankBazaar operates in a competitive market with competitors including American Express, Paisa Bazaar, Finhaat, Apnapaisa and LetsMD, among others.
- Headquarter Chennai, India
- Employees 1081 as on 28 Mar, 2024
- Founders Rati Shetty, Adhil Shetty, Arjun Shetty
- Stage Minicorn
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Sectors
Financial ServicesTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name A&A Dukaan Financial Services Private Limited
- Date of Incorporation 07 Feb, 2008
- Jurisdiction Ambattur, Tamil Nadu, India
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Annual Revenue
$19.26 M (USD)65.63as on Mar 31, 2023
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Net Profit
$-4.41 M (USD)15.09as on Mar 31, 2023
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EBITDA
$-3.86 M (USD)16.13as on Mar 31, 2023
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Total Equity Funding
$132.09 M (USD)
in 9 rounds
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Latest Funding Round
$2.23 M (USD), Debt – Conventional
Dec 02, 2025
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Investors
Amazon
& 25 more
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Employee Count
1081
as on Mar 28, 2024
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Products & Services of BankBazaar
BankBazaar offers a comprehensive portfolio of products and services, including Credit Card Comparison Tool, Loan Comparison Service, and EMI Calculator. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for comparing credit card options and applying online.
Service for comparing personal, home, and car loans quickly.
Calculator for estimating loan repayments and interest rates.
Unlock access to complete
Funding Insights of BankBazaar
BankBazaar has successfully raised a total of $132.09M across 9 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $2.23 million completed in December 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Debt – Conventional — $2.2M
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First Round
First Round
(29 Aug 2008)
- Investors Count 26
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Debt – Conventional - BankBazaar | Valuation |
investors |
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| Apr, 2025 | Amount | Series D - BankBazaar | Valuation |
investors |
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| Dec, 2023 | Amount | Series D - BankBazaar | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in BankBazaar
BankBazaar has secured backing from 26 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Amazon, Experian and Muthoot Fincorp. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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VC firm investing globally in early & expansion stage companies
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Founded Year | Domain | Location | |
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Venture capital investment and global platform support for startups.
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Founded Year | Domain | Location | |
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Startups are accelerated and funded through Amazon's corporate venture capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BankBazaar
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - BankBazaar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bankbazaar Comparisons
Competitors of BankBazaar
BankBazaar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as American Express, Paisa Bazaar, Finhaat, Apnapaisa and LetsMD, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Financial products for individuals and businesses are compared online.
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| domain | founded_year | HQ Location |
Online loan comparison platform
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| domain | founded_year | HQ Location |
A B2B platform is provided for distributing financial products.
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| domain | founded_year | HQ Location |
Loans and credit cards are compared online in India.
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| domain | founded_year | HQ Location |
Platform offering medical financing solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bankbazaar
Frequently Asked Questions about BankBazaar
When was BankBazaar founded?
BankBazaar was founded in 2008.
Where is BankBazaar located?
BankBazaar is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of BankBazaar?
Adhil Shetty is the current CEO of BankBazaar. They have also founded this company.
Is BankBazaar a funded company?
BankBazaar is a funded company, having raised a total of $132.09M across 9 funding rounds to date. The company's 1st funding round was a Series D of $9.6M, raised on Aug 29, 2008.
How many employees does BankBazaar have?
As of Mar 28, 2024, the latest employee count at BankBazaar is 1,081.
What is the annual revenue of BankBazaar?
Annual revenue of BankBazaar is $19.26M as on Mar 31, 2023.
What does BankBazaar do?
BankBazaar was founded in 2008 in Chennai, India, as a fintech aggregator in the financial services sector. Comparisons of credit cards, loans, and investment options are facilitated through its platform. Tools such as EMI, income tax, and fixed deposit calculators are provided. Free credit score checks and instant credit card applications are offered, along with partnerships with financial institutions for pre-approved cards targeted at users with strong credit profiles.
Who are the top competitors of BankBazaar?
BankBazaar's top competitors include American Express, Finhaat and Paisa Bazaar.
What products or services does BankBazaar offer?
BankBazaar offers Credit Card Comparison Tool, Loan Comparison Service, and EMI Calculator.
Who are BankBazaar's investors?
BankBazaar has 26 investors. Key investors include Amazon, Experian, Muthoot Fincorp, Peak XV Partners, and Nuvama Wealth.
What is BankBazaar's valuation?
The valuation of BankBazaar is $257.61M as of Mar 2020.
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