BankBazaar plans IPO in 2023; seeks to hire 1,500 employees

Online financial services marketplace BankBazaar plans to list an IPO in 2023, the company said on Thursday. After reporting revenue growth in FY22, the Sequoia India and Amazon-backed firm also plans to recruit over 1,500 employees across departments this year aiming to expand its product offerings. BankBazaar reported annualised revenue run rate of ₹156 crore, the company added.