What is Ziploan?
Ziploan operates as a tech-driven digital lender, specifically engineered to address the liquidity constraints faced by small businesses. By leveraging advanced data analytics and a streamlined digital application process, the company provides loans ranging from Rs. 1 to 7.5 lakhs. This model effectively bypasses the bureaucratic hurdles of conventional lending, offering disbursement within a three-day window. The firm's market position is defined by its commitment to financial inclusion, providing flexible, collateral-free, or minimal-documentation solutions that empower micro-entrepreneurs to scale their operations without the burden of complex financial overheads.
How much funding has Ziploan raised?
Ziploan has raised a total of $5.6M across 2 funding rounds:
Series A
$3M
Series B
$2.6M
Series A (2017): $3M with participation from Matrix Partners India Advisors, Whiteboard Capital, and WaterBridge Ventures
Series B (2020): $2.6M led by WaterBridge Ventures, Matrix Partners India Advisors LLP, Elevation Capital, and Whiteboard Capital LLC
Key Investors in Ziploan
WaterBridge Ventures
WaterBridge Ventures is a venture capital firm dedicated to helping entrepreneurs build generational companies across various sectors, with a strong focus on inclusive finance initiatives.
Matrix Partners India Advisors
Matrix Partners India is a premier venture capital firm that partners with founders to build high-growth, innovative companies in the Indian technology and consumer sectors.
Elevation Capital
Elevation Capital is a seasoned investment manager providing equity portfolios and strategic capital to high-potential businesses through rigorous bottom-up research and quantitative analysis.
What's next for Ziploan?
Following this major strategic investment, Ziploan is expected to accelerate its market penetration across Tier-1 and Tier-2 Indian cities. The capital will likely be deployed toward enhancing its credit-scoring algorithms and expanding its loan book to accommodate a broader range of SME profiles. As the company matures, the focus will shift toward optimizing its cost of capital and integrating deeper into the digital ecosystem of Indian commerce. By maintaining its focus on rapid disbursement and user-centric financial products, Ziploan is well-positioned to capture a larger share of the burgeoning digital credit market, potentially setting the stage for future expansion into diversified financial services.
See full Ziploan company page
