Draft:Bajaj Markets

Bajaj Markets is an indian online financial market place operated by Bajaj Finserv From Wikipedia, the free encyclopedia

Bajaj Markets is an Indian online financial services marketplace operated by Bajaj Finserv Direct Limited, a subsidiary of Bajaj Finserv. Headquartered in Pune, it aggregates financial products and services from third-party providers.[2] In 2025, it integrated with ONDC to provide consumer commerce services. Bajaj Finserv Market enables users to compare and access a range of financial and related products.[3]


Company typePrivate
Not listed
Founded2014
Quick facts Company type, Traded as ...
Bajaj Markets
Company typePrivate
Not listed
IndustryFinancial services, Technology
Founded2014
FounderSanjiv Bajaj
Headquarters,
Key people
  • Ashish Panchal (Managing Director & CEO)[1]
  • Sujith Sukumaran (Whole-Time Director)
  • Anish Amin (Director)
  • Jasmin Chaney (Independent Director)
  • Mayur Patwardhan (Independent Director)
  • Mayur Chokshi (Independent Director)
  • Anurag Chottani (Non-Executive Director)
ProductsLoans, Insurance, Credit Cards, Mutual Funds, Fixed Deposits, UPI services, Digital Marketplace
ParentBajaj Finserv
Websitebajajfinservmarkets.in
Close

History

Bajaj Finserv Direct Limited was incorporated in 2014 to distribute financial products digitally. In 2018, the company launched Bajaj Markets, an online marketplace to allow users to compare and purchase financial products.[4][5]

In June 2025, Bajaj Markets integrated with the Open Network for Digital Commerce (ONDC) to enable financial services in the sale of consumer electronics.[6][7][8] In July 2025, Bajaj Markets expanded its ONDC integration to include grocery and food delivery.[9]

In August 2025, Business Standard reported that Bajaj Markets had crossed US$3 billion in cumulative loan disbursals since its inception.[10]

Operations

Bajaj Markets provides financial offerings, including unsecured and secured loans, life and general insurance, credit cards, and investment products, in partnership with over 100 banks, non-bank financial institutions, insurance companies, and asset managers.[10]

Through its ONDC integration, Bajaj Markets acts as a buyer network participant, enabling its users to purchase consumer electronics, appliances, groceries, and food and beverages in the same interface. The transactions flow through ONDC channels while financing and credit components are handled by the Bajaj Markets platform. The platform also supports EMI card payments for purchases to be converted into monthly installments.[6][8][9]

Regulation

Bajaj Finserv Direct Limited operates as a licensed Corporate Agent under the Insurance Regulatory and Development Authority of India (IRDAI), which allows it to distribute life and general insurance products. It also holds an Investment Advisor license from the Securities and Exchange Board of India (SEBI), which permits it to provide advisory services and investment products.[11]

Leadership

The company is led by its MD and CEO Ashish Panchal, and its board comprises independent and non-executive members. The company's corporate headquarters are in Pune and registered office is in the Mumbai-Pune region.[12]

See also

References

Related Articles

Wikiwand AI