BankBazaar.com, an online financial marketplace, plans to hire 800 new employees across its locations in the current financial year. With this round of hiring, the company plans to build its engineering capability to deliver a seamless purchase experience.
The majority of the hires would be for the technology and product domains, with almost 60 percent of them operating out of Chennai and a significant number based in Bengaluru.
“The new hires will be working on extending the paperless, presence-less process pioneered by BankBazaar to newer products from a technology front, and implementing a customer-centric design to simplify the purchase process,” Adhil Shetty, co-founder and CEO of BankBazaar told ANI.
BankBazaar hosts a wide range of financial products from over 85 of the biggest public and private sector banks, NBFCs, and insurance companies in India.
The company has raised $ 110 million from investors such as Amazon.com, Experian, Fidelity Growth Partners, Mousse Partners, Sequoia Capital and Walden International.