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BankSathi logo — India's 3rd largest credit card distributor and fast-growing...

BankSathi

India's 3rd largest credit card distributor and fast-growing fintech platform, helping people achieve financial freedom.

Founded 2020 India India 321 employees Seed Total: $1.65M Finance, Financial Services

General Information

Company Name BankSathi
Founded Year 2020
Location India India
Employees 321
Industries Finance, Financial Services
Funding Stage Seed
Social

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About BankSathi

BankSathi, with the slogan "India's 3rd largest credit card distributor and fast-growing fintech platform, helping people achieve financial freedom," is a modern digital platform aiding financial advisors in establishing an online presence and selling financial products effortlessly. The company offers 50+ online financial products from top brands, simplifying the process for customers to compare and purchase the best services. Founded in January 2020 by Jitendra Dhaka, BankSathi aims to empower users financially and provides an opportunity for retired bankers, insurance agents, or financial analysts to become financial advisors. With a mission to become the largest distributor of financial products by 2025, the company has gathered 15 Lakh+ advisors across 98% of the pincodes in India, serving over 20 lakhs+ customers$2.63MSeed Round investment on 09 January 2023 was backed by LetsVenture, Recur Club, Marwari Catalysts, Kailash Biyani, Hem Securities, Varun Alagh, Dinesh Godara, Sunil Singhania, Manish Dabkara, and Mukul Rustagi. With their ambitious vision and substantial investor backing, BankSathi is poised to reshape the Indian Fintech model with 'Digital Bharat.'

Business keywords: fintech platform, financial products, digital platform, financial advisors, financial freedom, online presence, training programs, financial empowerment, Indian Fintech, digital advisory platform, financial distribution, financial inclusion

Funding Rounds & Investors (4)

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Funding Stage Amount Investors Lead Investors Date
Seed Round $732.70K 1
Abhishek Deo
26 Sep 2022
Seed Round $656.25K 5
HEM ANGELS, Anuj Ahuja +3
25 Oct 2021
Seed Round $60.17K 4
LetsVenture, Recur Club +2
09 Sep 2021
Seed Round $200.00K -
17 May 2021

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FAQ About BankSathi

India's 3rd largest credit card distributor and fast-growing fintech platform, helping people achieve financial freedom.
BankSathi was founded in 2020.
BankSathi is headquartered in India.
BankSathi operates in Finance and Financial Services. Its work centres on fintech platform, financial products, digital platform and financial advisors.
BankSathi has approximately 321 employees.
BankSathi has completed 4 funding rounds, raising a total of $1.65M. The latest funding stage is Seed.
Top alternatives and competitors to BankSathi include Credilio, Stashfin, IneMoni, Etica Wealth (P) Ltd, Tabby | تابي. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
BankSathi and Credilio are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for BankSathi, https://bouncewatch.com/company/banksathi, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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