BankBazaar to hire 500 people by March; announces pay hikes

Fintech Company, BankBazaar has announced hiring of more than 500 people by March of the coming year as it looks for growth in the FY 20-21.

Along with hiring plans, the company also seeks to introduce salary hikes for its employees by January.

The company stated that majority of the 500 hires would be for the technology and customer service domains as it looks to accelerate innovation and enable faster integration of digital KYC and analytics solutions – the key growth drivers for the company.

The hiring will take place in Mumbai, Chennai and Bengaluru and the positions are open mostly in the engineering and product teams, apart from customer support.

Adhil Shetty, co-founder and CEO of BankBazaar, said – “The Company’s performance in the last seven months underscores the strength of its technology and its ability to help partners in their journey towards an entirely contactless lending process. We are continuing to see an increase in the demand for digital alternatives, and we are readying ourselves with a bigger and more diverse team to drive the next phase of growth and profitability at BankBazaar.”

The fintech company has also rolled out salary hikes along with promotions across all levels which will be effective from January, 21.

BankBazaar Chief HR Officer V Sriram said – “We believe that FY21 will be a year of growth despite the challenges as India adopts contactless processes more than ever. We are positive about hiring and are looking to welcome professionals who are culturally and technically fit to meet our organisation’s high growth goals”

AK

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HrNxt Newsdesk

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.
 

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