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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 c...
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 scaling its operations, team, and platform to meet growing customer demands, a statement said. This Serie...
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Zeta, a Dubai-based banking tech startup, has announced that it has secured $250 million in investment from SoftBank Vision Fund 2. This Series C investment values Zeta at $1.45 billion.