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Indian Fintech Unicorn Zeta Reveals its Card Processing Business Grew to 10M+ Cards, 300M+ Transactions Per Year crowdfundinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crowdfundinsider.com Daily Mail and Mail on Sunday newspapers.
Zeta raises $250 million from SoftBank Vision Fund, turns unicorn businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
Bhavin Turakhia, founder of banking tech startup and new unicorn Zeta, outlines the company’s plans to target new markets and win over the top-tier global banks as customers. ....
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 fortune through exits, is excited about the journey because he has never raised any kind of venture capital, angel investment, growth fund, or private investment in the past, for any of the four companies he founded. “This is the first time ever in my lifetime that I have gone for institutionalised fundraising. And it is the one of the largest single funding raises by a banking tech start-up globally,” he says. ....
Banking tech update: Oracle, American Express and more bobsguide.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bobsguide.com Daily Mail and Mail on Sunday newspapers.