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Fintech Startup Dpdzero Raises $3.2 Million In Funding Round Led By Blume Ventures, Indiaquotient

Oct 04, 2023about 2 years ago

Amount Raised

$3.2 Million

Round Type

seed

BengaluruLending And InvestmentsFinancial ServicesSoftware

Description

Fintech startup DPDzero on Wednesday said it has raised $3.25 million in seed funding in a round led by Blume Ventures and IndiaQuotient. The round also saw participation from banking and fintech leaders such as Sunil Gulati and Nikhil Kumar, the company said in a statement. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in Product ManagementVisitIndian School of BusinessISB Digital TransformationVisitNorthwestern UniversityKellogg Post Graduate Certificate in Product ManagementVisitIndian School of BusinessISB Product ManagementVisitDPDzero plans to use the funds primarily to “enhance product distribution, expedite product development, and assemble a high-calibre team”.Ananth Shroff and Ranjith BR, who were from the founding team of fintech API infrastructure platform Setu, set up DPDzero in March 2022.DPDzero had raised Rs 3.9 crore in a funding round led by Better Capital last year. Powered ByVideo Player is loading.Play VideoPlaySkip BackwardMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently behind liveLIVERemaining Time -0:00 1xPlayback RateChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions and subtitles off, selectedAudio TrackPicture-in-PictureFullscreenThis is a modal window.No compatible source was found for this media.Beginning of dialog window

Company Information

Company

DPDzero

Location

Bengaluru, Karnataka, India

About

DPDzero is a Repayments Stack that helps lenders help scale their collections with zero effort. We help Financial institutions such as Banks, Fintechs, NBFCs and MFIs to bring their capital back across all types of loan products.

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