BankBazaar to Close FY19 with 1000 New Hires

By : |December 27, 2018 0
BankBazaar is preparing for increased volumes of customers in the last quarter of the year, a time when serious financial investments take place

BankBazaar, India’s leading financial marketplace, revised its hiring goals for FY19 to 1000 new hires, up from 800 announced at the beginning of the year. The company overshot its original target at the end of the third quarter of the year, and intends to hire 200 more employees in the last quarter. Majority of the hires would be for the Technology and Customer Service domains, with hiring taking place across all locations in Chennai, Bangalore, Mumbai, and Delhi.

BankBazaar has seen sustained growth throughout the year, and with the busiest quarter of the year coming up, the company is preparing for it in a big way. Adhil Shetty, Co-founder and CEO, BankBazaar, said, “2018 was marked by a steep increase in the customers’ appetite for digital paperless, presence-less finance. We saw aggressive growth in not just our metro markets but also in the non-metros. The number of visitors to the site has grown by 2X and there has been more than 100% growth in multiple categories. As digital penetration increases, we are seeing a growing segment of new-to-digital finance users coming on board at BankBazaar. So, we are looking to further strengthen our Technology and CS Teams keeping the special requirements of this segment in mind.”

BankBazaar is preparing for increased volumes of customers in the last quarter of the year, a time when serious financial investments take place. Sriram V, Chief HR Officer, BankBazaar, adds “This is a great time to be in BankBazaar as the company is growing at a blistering pace and there is so much of innovation happening in every sphere. We are very buoyant about hiring and we are looking to welcome professionals who are culturally and technically fit to meet our organization’s high growth goals.”

                                 

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BankBazaar hosts the widest range of financial products from over 85 of the biggest public and private sector banks, NBFCs, and insurance companies in India. It closed the last quarter with 100M visitors. The company raised USD 110M through funding from investors such as Amazon.com, Experian, Fidelity Growth Partners, Mousse Partners, Sequoia Capital and Walden International.

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