Extract from latest investor PPT
Extract from FY20 Annual Report
“Bajaj Finserv Direct Ltd. (BFSD) was set up as a wholly-owned subsidiary of the Company in FY2019, with the long-term goal of creating a digital marketplace which offers the full range of financial products including loans, life insurance, general insurance, mutual funds, investments, payments and selected e-commerce. In the course of FY2020, BFSD launched its platform ‘FINSERV MARKETS’, and the initial response to it has been encouraging.
During the year, the Company incorporated a wholly-owned subsidiary called Bajaj Finserv Health Ltd. Over time, this entity is expected to create a digital ecosystem in the healthcare segment connecting customers with service providers in the healthcare space such as doctors, hospitals, nursing homes, pharmacies, diagnostic centres and the like by offering a complete range of products including financial solutions.”
Do Bajaj Finserv’s these businesses have potential for significant scaleup and meaningful contribution in the long-term?