BankSathi Technologies and Insurance Corporate Agency Private Limited
| Private | |
| ISIN | 🆔ISIN: [https://en.everybodywiki.com/index.php?title=Toollabs:isin/&language=de&isin=INE0XZP01017 INE0XZP01017] |
| Industry | Fintech |
| Founded 📆 | January 15, 2020 |
| Founder 👔 | Jitendra Singh (known publicly as Jitendra Dhaka) |
| Headquarters 🏙️ | Bengaluru, Karnataka, India |
Area served 🗺️ | |
Key people | Jitendra Singh (CEO), Sandeep Kaler (CTO) |
| Products 📟 | Financial advisory, insurance, credit cards, loans |
| Members | |
Number of employees | 100+ (2024) |
| Parent | BS Fintech Private Limited |
| 🌐 Website | www.banksathi.com |
| 📇 Address | |
| 📞 telephone | |
BankSathi Technologies and Insurance Corporate Agency Private Limited (formerly BankSathi Technologies Private Limited) is an Indian fintech company that provides a range of financial products and services, including financial advisory, insurance, credit cards, and loans. The company was founded in January 2020 by Jitendra Singh, publicly known as Jitendra Dhaka, with co-founder Sandeep Kaler. Its headquarters are located in Bengaluru, Karnataka, India.[1][not in citation given]
History
BankSathi was founded on January 15, 2020, with a focus on providing financial solutions in Tier II and Tier III cities in India. Initially registered in Delhi, the company later moved its operations to Bengaluru. In September 2021, it incorporated a subsidiary, BS Fintech Private Limited.[2][3]
In May 2021, BankSathi raised $200,000 in a seed funding round from angel investors.[4] In January 2023, it raised $4 million in a pre-Series A funding round, with investors including Kotak Securities and LetsVenture.[5]
Services
BankSathi's platform connects users with financial advisors, referred to as "BankSathi advisors," who assist clients in selecting financial products. The company collaborates with over 60 financial institutions, including HDFC Bank, Axis Bank, and SBI.[6] The services offered include financial advisory, loan facilitation, and insurance options.[7]
Key People
- Jitendra Singh (CEO): Co-founder and CEO, leading the company's strategic vision.
- Sandeep Kaler (CTO): Co-founder and Chief Technology Officer, overseeing technology and product development.[8]
See also
References
- ↑ "Kotak Securities Announces investment in Fintech Startup Multipl; All You Need to Know". News18. 2022-05-21. Retrieved 2024-10-15.
- ↑ "BS Fintech Private Limited registration details". Zauba Corp. Retrieved 2024-10-14.
- ↑ "Trademark Registration of BankSathi™". Startupwala.com. Retrieved 2024-10-15.
- ↑ "Fintech Startup BankSathi raises $200,000 in Seed Round". The Hindu Business Line. 2021-05-17. Retrieved 2024-10-14.
- ↑ "Kotak Securities invests Rs 5 crore in fintech startup Banksathi". The Economic Times. 2023-01-10. ISSN 0013-0389. Retrieved 2024-10-15.
- ↑ "BankSathi raises $4 million to expand its platform". Economic Times. 2023-01-09. Retrieved 2024-10-14.
- ↑ Paintola, Bhupendra (4 June 2024). "InsuranceDekho in talks to acquire credit marketplace BankSathi: sources". Inc42 Media.
- ↑ Paintola, Bhupendra (4 June 2024). "InsuranceDekho in talks to acquire credit marketplace BankSathi: sources". Inc42 Media.
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