Tech Company Financing Transactions
ZestMoney Funding Round
ZestMoney, based in Bengaluru, Karnataka, secured $125 million from Accion Venture Labs, Goldman Sachs and PayU.
Transaction Overview
Company Name
Announced On
12/5/2023
Transaction Type
Venture Equity
Amount
$125,000,000
Round
Undisclosed
Proceeds Purpose
ZestMoney, once valued at $445 million, was among a handful of Indian startups that used alternative data points to help build credit profiles on consumers, making them eligible to make their first online purchases.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Ground and Third Floor, Indiqube Celestia Site Number 19 and
Bengaluru, Karnataka, 560034
IN
Bengaluru, Karnataka, 560034
IN
Phone
Website
Email Address
Overview
ZestMoney is the largest and fastest growing consumer lending fintech company in India founded by Lizzie Chapman, Priya Sharma and Ashish Anantharaman in 2015. ZestMoney is built as a platform that can meaningfully improve the lives of more than 300 million households in the country, who currently have no access to credit cards or any other formal financing options because of insufficient credit history.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Lizzie Chapman
Chief Technical Officer
Ashish Anantharaman
Co-Founder
Priya Sharma
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