BankSathi funding, investors and company details

BankSathi is an emerging Financial Services - Fintech startup from Bengaluru, working in the space of Digital platform that connects customers with a range of financial products and advisory services.. Founded by Poonam Kumari, Jitendra Singh.

Company: BS Fintech Private Limited
Sector: Financial Services - Fintech
Location: Bengaluru
Founders: Poonam Kumari, Jitendra Singh
Total funding raised: ₹32.7 Cr

Company overview

BS Fintech Private Limited is a fintech company operating under the brand name BankSathi, a digital platform that connects customers with a range of financial products and advisory services. The company aims to simplify access to financial solutions through technology while enabling financial advisors to expand their reach and serve a broader customer base. Although formally categorized under computer-related activities, the company’s primary focus is on financial services distribution, particularly in insurance and investment advisory. Its business model centers on empowering financial advisors with digital tools to engage customers effectively, bridging the gap between traditional advisory practices and modern fintech capabilities. Through BankSathi, the platform functions as a marketplace for insurance, loans, and investment products, making financial decision-making more accessible, efficient, and transparent for customers.

Funding rounds

Latest round (Pre Series A): $ 4.00 Mn (₹32.70 Cr.), 2023-01-09. Investors: Kotak Securities Limited, Lets Ventures, WFC (We Founder Circle), Hem Securities Limited, Inflection Point Ventures (IPV), Kunal Shah (CRED)