BankSathi
India's 3rd largest credit card distributor and fast-growing fintech platform, helping people achieve financial freedom.
India's 3rd largest credit card distributor and fast-growing fintech platform, helping people achieve financial freedom.
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.'
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed Round | $732.70K | 1 | Abhishek Deo | 26 Sep 2022 |
| Seed Round | $656.25K | 5 |
|
25 Oct 2021 |
| Seed Round | $60.17K | 4 |
|
09 Sep 2021 |
| Seed Round | $200.00K | - | 17 May 2021 |
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