Zeta raises $50 Mn at $2 Bn valuation...

Banking technology company Zeta has secured a $50 million investment from an undisclosed strategic source, valuing it at $2 billion. This investment has contributed to Zeta's rapid growth, which saw it gain unicorn status in 2021 after a $250 million Series C round.

Zeta's SaaS platform empowers banks and fintechs to launch innovative financial products like cards, accounts, and loans. Its cloud-based architecture and data-driven approach have attracted top institutions like HDFC Bank and Pluxee. The company has experienced significant revenue growth in India, with operations revenue surging by 942% in FY24 to Rs. 89312 crore.

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