Amid funding ‘winter’, BankBazaar.com to raise $100 million in 3 years: CEO Adhil Shetty

BankBazaar.com Founder and Chief Executive Officer Adhil Shetty has revealed that the company intends to fund $100 million (about ₹795 crore), which will aid the company in accelerating business expansion over the following three years as it anticipates growth of between 80-90% in FY23.

The fintech company achieved a break-even on a month-to-month basis in March 2022, according to founder and chief executive officer Adhil Shetty, who did not provide a time frame for the fundraising. At this moment, there is no immediate need for money to support expansion.