BankBazaar.com, an Indian multi brand financial product comparison platform, raised Rs.80 crores in financing.
The round was led by Sequoia Capital, with participation from existing investor Walden International.
The company intends to use the funds to launch a new portfolio of insurance and savings products, launch new banks on the platform and increase its consumer base.
Led by Adhil Shetty, CEO, BankBazaar.com provides consumers with a comparison website and tools to research, choose and obtain financial products such as home loans, car loans, personal loans, educational loans and credit cards, as well as tools to review savings and insurance products.
It also offers real time approval for loan applications.
FinSMEs
20/01/2014