Digital lending platform Zype has secured ₹90 crore (approximately $10.2 million) in a fresh funding round led by Unleash Capital Partners, a Japan-based venture capital firm. Existing backer Xponentia Capital also participated in the round, marking another vote of confidence in the startup’s growth trajectory.
This latest infusion brings Zype’s total equity raised to ₹236 crore since its launch in 2022. Unitus Capital served as the exclusive advisor to the transaction.
Operating as a non-banking financial company (NBFC) since acquiring its licence in 2023, Zype targets young salaried professionals by offering unsecured personal loans for use cases such as weddings, home improvement, and medical emergencies.
In a competitive landscape alongside players like Fibe and KreditBee, Zype claims to have disbursed ₹1,300 crore in loans and currently manages an asset under management (AUM) of ₹400 crore.
The Mumbai-headquartered company is witnessing strong financial traction, operating at an annual recurring revenue (ARR) run rate of ₹150 crore. Notably, Zype achieved break-even in Q4 of FY25 and is on track to report net profitability in FY26.
With a focus on sustainable and profitable growth, Zype aims to strengthen its credit profile to attract additional debt funding from banks and NBFCs, as it scales operations further.
“This investment strengthens our mission to offer simple, fast, and accessible credit to India’s young working population, while maintaining healthy unit economics and profitability,” a Zype spokesperson said.
The fresh capital is expected to be deployed towards product innovation, customer acquisition, and expanding the loan book.
By: Arushi Agarwal
