Fintech startup Zype raises Rs 90 crore in round led by Unleash Capital Partners

Zype, a digital lending startup has raised Rs 90 crore in a fresh funding round led by Japanese venture capital firm Unleash Capital Partners.

The round also saw participation from existing investor Xponentia Capital.

This round follows the startup’s first major institutional raise of ₹146 crore last year, bringing its total equity funding to ₹236 crore since its founding in 2022. 

The company said Unitus Capital acted as the exclusive advisor for the deal.

Read also- The Sleep Company raises Rs 480 crore in funding led by ChrysCapital, others

“We have grown this business in a measured and profitable manner. With the new raise, we are good to grow for the next 12-18 months without the need for a fresh equity round,” said Yogi Sadana, founder, Zype. Sadana.

“We have a 250-member team already, with a special focus on technology and keeping collections in-house,” Sadana said. “We have even built an AI lab internally to work on cutting-edge technologies,” he added.

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About Zype 

Founded in 2022 by Yogi Sadana, Zype is a fintech platform that offers instant personal loans of up to ₹2 lakh with flexible repayment options. It also provides a credit analyzer for tracking expenses and a bill payment feature with cashback rewards. 

Zype got its NBFC licence in 2023 and has since been issuing loans from its own books. Its current assets under management (AUM) stand at ₹400 crore, and it has disbursed ₹1,300 crore in loans since launch.

Competing with platforms like Fibe and Kreditbee, Zype offers unsecured personal loans specifically for young salaried individuals. Its users mostly borrow for wedding expenses, home repairs, and family health emergencies.

Zype is currently at an annual recurring revenue (ARR) run rate of ₹150 crore and is growing profitably month-on-month. Founder Sadana said the company didn’t report a net profit for FY25, as it only broke even in the last quarter, but expects to post a net profit in FY26.

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