Paisabazaar’s CEO anticipates 3–4 times growth, driven by market trends and digitization initiatives.
In March of this year, Paisabazaar’s annualized loan disbursal rate surpassed Rs 15,000 crore. In FY23, loan disbursals for the startup, part of the PB Fintech Group, increased by 76 percent annually. In the same month, Paisabazaar’s credit card business increased by almost 180 percent on an annualized basis.
Co-Founder and CEO of Paisabazaar Naveen Kukreja voiced confidence, citing the industry’s current state and continuous attempts to digitize. In his words, “Given where the industry is and given the digitization efforts we have seen and are seeing across all the 65 plus partners that we have, we should aim to continue to grow at about 3-4x of the industry.”
