Paisabazaar

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Company typePrivate
IndustryOnline marketplace, Financial products
Founded2014; 11 years ago (2014)
Key people
  • Santosh Agarwal (CEO)
  • Naveen Kukreja (Ex.Co-Founder)
  • Yashish Dahiya (Co-Founder, Chairman & CEO, PB Fintech)
  • Alok Bansal (Co-Founder & Executive Vice-Chairman, PB Fintech)
Paisabazaar Marketing and Consulting Private Limited
Company typePrivate
IndustryOnline marketplace, Financial products
Founded2014; 11 years ago (2014)
Key people
  • Santosh Agarwal (CEO)
  • Naveen Kukreja (Ex.Co-Founder)
  • Yashish Dahiya (Co-Founder, Chairman & CEO, PB Fintech)
  • Alok Bansal (Co-Founder & Executive Vice-Chairman, PB Fintech)
ProductsLoans, credit cards, free credit report
ParentPB Fintech Limited (formerly known as EtechAces Marketing and Consulting)

Paisabazaar is an Indian digital loan and credit card platform.[1] It is a part of PB Fintech (formerly EtechAces Marketing and Consulting).[2][3] In 2020, Paisabazaar was India's largest digital consumer credit marketplace, with a 51.4% market share in terms of disbursals.[4][5]

Paisabazaar, co-founded by Yashish Dahiya ,[6][7] Alok Bansal, and Naveen Kukreja in Gurugram, Haryana in 2014,[8][9] is owned by PB Fintech, the parent company of the insurance technology platform Policybazaar. In July 2018, the platform achieved an annualized loan disbursal rate of $1 billion.[10][11] By October 2022, Paisabazaar had recorded over 30 million visitors.[12] In March 2022, Paisabazaar became a member of the FACE Consortium, a collaborative platform of online consumer credit providers such as Orange Retail Finance and Phocket.[13][14]

Funding

Controversy and lay-offs

References

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