ZestMoney

About

ZestMoney is a fintech company that uses digital EMI without the need for a credit card or a credit score.

Bangalore,Karnataka,India
501 - 1000
https://www.zestmoney.in/

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $13.40M
Industries: Big Data,Consumer Lending,Financial Services,FinTech
Founded date: Jan 1, 2015
Number Of Employee: 501 - 1000
Operating Status: Active
Legal Name: Camden Town Technologies Pvt. Ltd.

ZestMoney is a growing consumer lending fintech company that uses digital EMI, without the need for a credit card or a credit score. The company believes that being able to pay in EMI should be available to everyone and not only those who hold a credit card or have a credit score. With the use of mobile tech, digital banking, and AI, ZestMoney was made accessible to millions of Indian consumers.

Founded in 2016 by digital finance and technology professionals, Priya Sharma, Lizzie Chapman, and Ashish Anantharaman, the company is backed by leading global digital financial services investors like PayU, Ribbit Capital, Omidiyar Networks among other.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

9

$106.90M ₹1.04B

ZestMoney has raised a total of $106.90M ₹1.04B in funding over 2 rounds. Their latest funding was raised on Jun 29, 2022 from a Debt Financing round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jun 29, 2022	Debt Financing	₹200M	1	Alteria Capital	—	Detail
Sep 22, 2021	Series C	$50M	2	Zip	—	Detail
Mar 13, 2020	Series Unknown	₹848.60M	1	Primrose Hills Ventures	—	Detail
Dec 19, 2019	Series B	$15M	5	Goldman Sachs	—	Detail
Apr 22, 2019	Series B	$20M	7	Quona Capital	—	Detail

Investments

Number of Investments

Number of Lead Investments

10

0

ZestMoney has made 10 investments. Their most recent investment was on May 27, 2019, when Freshtohome raised $11M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
May 27, 2019 Freshtohome	Series A	$11M	E-Commerce	—
Nov 20, 2018 Signzy	Series A	$3.60M	Artificial Intelligence	—
Sep 26, 2017 Inclov	Seed	₹20M	Apps	—
May 31, 2016 Leflair	Seed	$750K	Beauty	—
Apr 18, 2016 Smytten	Seed	$1.30M	Consumer	—

Investors

Number of Lead Investors

Number of Investors

8

17

ZestMoney is funded by 17 investors. Alteria Capital and Zip are the most recent investors.

Investor Name	Lead Investor	Funding Round
Alteria Capital	Yes	Debt Financing
Zip	Yes	Series C
Primrose Hills Ventures	Yes	Series Unknown
Goldman Sachs	Yes	Series B
Xiaomi	Yes	Series A
Regal Funds Management	—	Series C
Flourish Ventures	—	Series B
Naspers	—	Series B
Omidyar Network	—	Series B
Quona Capital	—	Series B