40UNDER 40

Prev Rank: NA

ADHIL SHETTY, ARJUN SHETTY, RATI SHETTY, 38, 37, 35

Co-Founders, BankBazaar

Previous Rank : NA

The Shettys are having a good time. BankBazaar raised $30 million last October in a funding round led by Experian, a credit rating agency. Experian joins Amazon, Sequoia, Fidelity Growth Partners, and Walden International as one of the company’s investors. The story is good on the operational side too. BankBazaar is on track to log 150% revenue growth to around Rs 240 crore in the fiscal ending March 2018. The company’s latest quarterly report shows its operating expenses are under control, increasing by 53% even as operating revenue grew 168%.

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