BankBazaar to hire 200 more in Q4FY19

BankBazaar to hire 200 more in Q4FY19

BankBazaar on Wednesday announced that it will be hiring 200 more people in the last quarter of this financial year. Earlier, it said that it would hire 800, but now has revised its hiring goals for FY19 to 1,000.

Majority of the hires would be for the Technology and Customer Service domains, with hiring taking place across all BankBazaar locations in Chennai, Bengaluru, Mumbai, and Delhi.

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."

He added that as digital penetration increases, they are seeing a growing segment of new-to-digital finance users coming on board at BankBazaar.  

BankBazaar is preparing for increased volumes of customers in the last quarter of the year, a time when serious financial investments take place.

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 100 million visitors. The company raised $ 110 million through funding from investors such as, Experian, Fidelity Growth Partners, Mousse Partners, Sequoia Capital and Walden International, the company said in a release.