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How private equity major SoftBank's investment into Zeta made it India's newest unicorn startup.

Image: Special Arrangement Two days after signing a $250 million deal with SoftBank, the 41-year-old Bhavin Turakhia is busy planning his expansion moves, sitting in Dubai. The investment by Japanese private equity behemoth has more than tripled the valuation of his banking technology startup firm Zeta and made it a unicorn, the 14th in India so far in 2021. “We are truly excited,” Turakhia, CEO and co-founder, tells Fortune India. Turakhia, a serial entrepreneur from Mumbai who made his f...
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Dubai tech startup Zeta raises $250m to accelerate growth

Dubai tech startup Zeta raises $250m to accelerate growth 0 Comments Get daily business news from the region delivered straight to your inbox I agree to the terms and conditions SIGN UP The investment values Zeta at $1.45bn by Zainab Mansoor May 25, 2021 Dubai-based banking tech startup, Zeta, has secured $250m in investment from SoftBank Vision Fund 2, it announced on May 24. The proceeds will be used to accelerate Zeta’s growth in the Middle East, the US and Europe, including scali...
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Zeta raises $250 million from SoftBank Vision Fund

2 hours ago Fintech software-as-a-services firm Zeta raised $250 million from SoftBanks’ Vision Fund at a valuation of $1.45 billion. Zeta targets the massive opportunity of Open Banking or neo-banking that many traditional banks in India are undertaking. The company operates in North America, Latin America, United Kingdom, Europe and Asia. Zeta has been founded in 2015 by serial entrepreneur Bhavin Turakhia, who had previously set up several startups like LogicBoxes, Ringo and Flock. For the...
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Zeta raises $250 million from SoftBank Vision Fund, turns unicorn

Zeta raises $250 million from SoftBank Vision Fund, turns unicorn Zeta CEO Bhavin Turakhia says with Zeta, financial institutions can leverage a modern, cloud-native platform and perform better BusinessToday.In | May 25, 2021 | Updated 10:52 IST The Bengaluru-based startup has 10 banks and 25 fintechs spread across eight countries as its customers Zeta, a banking tech startup, has secured $250 million in investment from SoftBank Vision Fund 2. This Series C investment values Zeta at $1.45 bill...
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SoftBank Vision Fund 2 Invests $250M in Banking Tech Startup Zeta via Series C Funding

SoftBank Vision Fund 2 Invests $250M in Banking Tech Startup Zeta via Series C Funding May 25 2021 · 14:19 UTC by staff writer · 3 min read Photo: Depositphotos You have successfully joined our subscriber list. Sodexo also took part in the $250 million investment led by SoftBank, participating as a minority investor in the Zeta Series C funding round. Zeta, a banking tech startup based out of Bengaluru, India, has raised $250 million in funding from Softbank Vision Fund 2 in a Series C inv...
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Zeta joins Unicorn club with latest fund raise of $250 m - The Hindu BusinessLine

Zeta joins Unicorn club with latest fund raise of $250 m May 24, 2021 : Bhavin Turakhia (left), Co-founder and CEO, Zeta, and Ramki Gaddipati, Co-founder and CTO, Zeta   -  GRN Somashekar : Bhavin Turakhia (left), Co-founder and CEO, Zeta, and Ramki Gaddipati, Co-founder and CTO, Zeta   -  GRN Somashekar× RELATED Sodexo also participated in the round as a minority investor Bengaluru-based banking tech start-up Zeta, a company co-founded by billionaire and serial entrepreneur Bhavin Turakhi...
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Zeta Raises $250M in Series C Funding

Zeta, a San Francisco, CA-based banking tech startup, secured $250m in Series C funding. The round – which valued Zeta at $1.45 billion – was led by SoftBank Vision Fund 2 with participation from Sodexo. The company intends to use the funds to accelerate growth in the United States and Europe including scaling its operations, team and platform. Co-founded in April 2015 by Bhavin Turakhia (CEO) and Ramki Gaddipati (CTO), Zeta is a modern banking tech company providing an Omni Stack compris...
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