Tuesday, November 5

Tag: lending startup

Lending Startup ZestMoney raises $20 million funding
23Apr By AdityaNo Comments
FUNDING

Lending Startup ZestMoney raises $20 million funding

Bengaluru-based lending startup ZestMoney has raised $20 million in fresh funding led by Washington based fintech investment firm Quona Capital. Australia based fintech investor group Reinventure, existing investors Ribbit Capital, Omidyar Network and PayU are also participate in this round. The company will use this fund to invest in tech space and hiring. As per the press release, ZestMoney will hire 60 engineers and 20 data scientists in one year and improve integration with partner NBFCs and online retailers with whom it offers EMI options to customers. “Quona and Reinventure are both specialist fintech venture funds. There’s definitely a lot of momentum in our space right now, with everyone in e-commerce talking about affordability through EMI and we’re just riding off t...
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One More Indian Lending Startup Raises $10 Million Funding
9Jul By Gauri SinghNo Comments
FUNDING

One More Indian Lending Startup Raises $10 Million Funding

IndiaLends, a New-Delhi based digital lending and borrowing marketplace has raised $10 million (about Rs 69 crore) in a Series B funding round. The funding round was led by ACPI Investment Managers (London-based asset management firm) and Ganesh Ventures (India-focused venture capital firm). The latest funding round also saw the participation of existing investors such as AmEx ventures, Deepak Shahdadpuri-led consumer-focused venture capital firm DSG Consumer Partners and AdvantEdge Partners. This funding news has come around 18 months after the firm had secured $4 million in a funding round which was led by American Express Ventures, the corporate venture investment arm of American Express Company. As of now, the total amount that the company has raised in funding is around $16 mill...
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