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BankSathi emerges as India's third-largest credit card issuer, reinforces commitment to financial innovation

BankSathi, a fintech startup, has become the third-largest credit card issuer in India with 3.6 lakh Annual Recurring Revenue. The company has issued 3 lakh credit cards as of June 2023, a fourfold increase from the previous fiscal year. The credit card industry in India is expected to grow at a 25% compound annual growth rate and reach 20 crore credit cards by 2026. BankSathi has achieved this milestone by leveraging algorithms and data analytics to provide personalized recommendations and by o...
Manish Dabkara Varun Alagh Mamaearth Bhaswat Agarwal Classplus Mukul Rastogi Sunil Singhania Abakkus Ritesh Malik Innov

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