HomeStock MarketBankBazaar to profit in FY23, IPO following year: CEO

BankBazaar to profit in FY23, IPO following year: CEO

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By lapaasindia
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  • Adhil Shetty, founder and CEO of BankBazaar, said the business anticipates being profitable this fiscal year and intends to submit an IPO application by the end of the next year.
  • He said, “We have annualised sales of 170 crore in Q2 and generated 85% year-on-year top-line increase in Q2FY23.
  • We had positive EBITDA in both August and September, according to Shetty.

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