Funded by Kotak Securities, Fintech firm BankSathi closes FY23 with net revenue of Rs 60 crore
Bangalore (Karnataka) [India], May 3 (ANI/NewsVoir): BankSathi, India's largest Agent Based financial products distribution platform, closed FY23 with a net revenue of Rs 60 crore, marking a 120 per cent growth over FY22. The company's exceptional growth was fuelled by a 300 per cent surge in credit card distribution, and the support of leading banks, non-bank financial companies, and a network of 1.5 million financial advisors. With the help of the largest pan India agent network, BankSathi has built a Rs 100 Cr ARR business, enabling Advisors to manage sell Right Financial Products t...