Muthoot FinCorp Funds BankBazaar

BankBazaar has raised a total of INR 55 Cr in its Series D2 round. The Peak XV-backed startup last raised INR 45 Cr (around $5 Mn) in its Series D1 round

BankBazaar has also inked a partnership with Muthoot FinCorp (an NBFC) to enter the gold loans business

With its foray into gold loans, BankBazaar would now be locking horns with the likes of Jar, Gullak and Rupeek in the Indian lending tech space, expected to become a 1.3 Tn opportunity by 2030

Chennai-based fintech BankBazaar has secured an undisclosed amount from…