Amazon leads Rs.29 crore round in financial marketplace BankBazaar

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BankBazaar, an online marketplace for financial products, has raised ₹29 crore in a fresh funding round led by Amazon, alongside other existing investors. Post the investment, Amazon holds around 16.42% stake in BankBazaar. Founded in 2008, BankBazaar’s estimated valuation after the infusion stands close to ₹2,011 crore, as per calculations by Entrackr.

Source By Inshorts.com

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