Mumbai-based digital lending platform Zype has raised ₹90 crore (approximately $10.2 million) in a fresh funding round led by Japanese VC firm Unleash Capital Partners, with participation from existing investor Xponentia Capital.
The company plans to use the proceeds to grow its loan book, strengthen its credit profile, and scale operations profitably over the next 12–18 months. It will also work towards obtaining a credit rating, enabling access to larger debt lines from banks and NBFCs.
Founded in 2022 by Yogi Sadana, the former CEO of fintech lender Cashe, Zype operates as a non-banking finance company (NBFC) since acquiring its license in 2023. The startup offers unsecured personal loans to young salaried individuals for purposes such as weddings, medical emergencies, and home improvement.
Since inception, Zype has disbursed ₹1,300 crore in loans, and currently manages an AUM of ₹400 crore. The company claims to be operating at an annual recurring revenue (ARR) run rate of ₹150 crore, and broke even in the final quarter of FY25. It is targeting net profitability by FY26.
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Zype competes with other digital lending platforms like Fibe and Kreditbee, while maintaining an in-house collections team and a strong tech focus. The company also runs an internal AI lab to enhance its tech capabilities and borrower experience.
The latest capital raise brings Zype’s total equity funding to ₹236 crore to date. Unitus Capital acted as the exclusive advisor to the transaction.
With a team of 250+ employees, Zype is optimistic about strong growth during the upcoming festive season, as consumer lending activity picks up.
