According to Economic Times report, BankBazaar, a go-to platform for credit cards and loans application in India has announced to hire 1500 people in the coming financial year.
The hiring will be for roles across business operations, product, technology, marketing, and customer support, with a focus on Chennai, Bengaluru, and Mumbai locations.
The company looks to expand its portfolio of existing co-branded credit products such as credit cards and personal loans, and venture into newer product territories.
The company has also announced that it will continue the Hybrid Working Model in the near future, giving employees an option to work from home or from the office.
Sriram V, CHRO, BankBazaar said to media, “With EBITDA profitability around the corner, we are growing at an even faster pace, and our resource utilisation has been higher than ever. We are looking forward to building a bigger team as we work our way towards profitability.”
“We believe that a company where everyone works towards a common good will be a happy and safe place to work, and we have done our best to bring that about. So instead of implementing systems to monitor productive hours, our focus is entirely on helping employees meet their performance goals.”
“It is very clear across the board that we trust them to do their best, and this has resulted in more productive and involved people and teams. So when the team asked for a continuation of the hybrid model, it was natural for us to accept,” said Sriram.
Commenting on the development Adhil Shetty, CEO of, BankBazaar said on LinkedIn, “We’ve begun 2022 by launching TurboLoan, powered by Chola Finance. This product from one of India’s largest NBFCs has been designed to provide fast credit access. Loan seekers with good credit score get their funds in minutes with no paperwork.”
“On the revenue front, January 2022 has been a month of incredible growth momentum, driving 100% revenue CAGR nearing EBIDTA Profit. 2022 is going to be a fantastic year of growth.” He added.
