Founded in 2008, Chennai-based BankBazaar operates an online platform where more than 70 million users monitor credit scores, apply for co-branded credit cards, and access a suite of personal-finance tools. The company’s main revenue driver is its co-branded credit card business, which generated ₹210 crore in recurring revenue in FY25. Overall operating revenue grew to ₹250 crore in FY25 (up from ₹188 crore in FY24), and the firm posted an adjusted EBITDA profit of ₹4 crore, marking a turn to profitability. BankBazaar reports a 121% CAGR in recurring revenue over the past two years, highlighting strong momentum. Future growth initiatives include partnering with Muthoot Finance for gold loans, collaborating with leading NBFCs for personal loans, and launching subscription-based credit-score improvement services. The company also plans to use new capital to build AI-powered credit insights and personalized financial journeys, while expanding partnerships with private, public-sector, and small-finance banks. Backed by Amazon, Experian, Eight Roads, Peak XV, and Walden International, BankBazaar positions itself as an asset-light, profitable fintech poised for nationwide expansion.

Total raised

$121M

Funding rounds

7

Latest round

Equity

Latest activity

Nov 2025