Amount Raised
₹1.46 Billion
Investors
Xponentia Capital
Description
Fintech startup Zype on Wednesday said it has raised Rs 146 crore in a funding round led by city-based private equity fund Xponentia Capital. Zype, which is focused on upping credit accessibility to millennials and help them develop sustainable financial habits, will deploy the funds for the technology platform, expanding team and customer acquisition, as per a statement.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers