With added focus on product development and supply chain of financial products, BankBazaar today announced its plans to increase workforce to strengthen business growth. Currently, the financial marketplace’s employee strength stands at 1050 and are expecting it to grow by approx. 30-40% by the end of December 2017 – hiring across technology, product, and operational roles.
BankBazaar has recently launched the credit score check feature in association with Experian. The organization has also revamped its Android App to further help users manage their finances by displaying consolidated personal finance information in one single simple interface.
Adhil Shetty, Co-founder and CEO, BankBazaar said, “Today, with over 14M unique visitors in one month, we are the most sought after online financial marketplace in India. This has been possible by our investors who invested such trust in us and our business, and the brilliant Team BB which has pulled out all stops time and again to make innovation and disruption our mantra for success. It is thanks to them that even as so many organizations find sustainability difficult, BankBazaar is talking of profitability. In the coming year, we look forward to growing even more with a stronger team that can keep up the momentum of innovation.”
BankBazaar will reach out to the enterprises that have been recently involved in downsizing exercise or have stopped business operations to seek right set of talent that will fit the requirement pertaining to operations and technology integration.
The platform hosts financial products from over 75+ of the biggest public and private sector banks, NBFCs, and insurance companies in India. They recently had raised USD 80M through funding from investors such as Amazon.com, Fidelity Growth Partners, Mousse Partners, Sequoia Capital and Walden International.