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ZipLoan raises $2.6 million

ZipLoan is a digital lending platform

New Delhi-based digital lending platform ZipLoan has raised $2.6 million funding as part of its Series B round.

The investors that participated in the latest wound were as follows:-

  • WaterBridge Ventures’ Vistra ITCL (India),
  • Elevation Capital,
  • Whiteboard Capital &
  • Matrix Partners India

ZipLoan was founded in 2015 by Kshitij Puri and Shalabh Singhal. It provides collateral-free short term loans to MSMEs.

It was set up with a mission to ensure easy availability of unsecured Working Capital to small business owners in India. Their technology enabled platform allows them to offer credit in a fast and hassle free manner.

They are solving the fundamental problem of these small business owners i.e. getting easy access to finance when they need it the most.

 

Written by Ali Hasan

I’m a seasoned journalist with expertise in Media & Publishing, Corporate Communications, Market Research, Angel Investing, and PR. I combine storytelling with strategic insights to craft impactful narratives, support startups, and build strong connections.

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