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BankBazaar bags Rs 45 Crore to offer contactless financial service

Shortpedia

Content Team
Image Credit: shortpedia

Chennai-based online financial marketplace BankBazaar has raised INR 45 Cr in Series D1 funding from Walden SKT Venture Fund, which is a joint venture fund Walden International and South Korean conglomerate SK Group’s SKTA. Existing investors Amazon, Sequoia India, Experian and Eight Roads have also participated in the round. The company aims to use this funding to develop solutions that would accelerate contactless disbursal.