Ziploan grabs $12.5 million Series B from SAIF Partners

Ziploan, Indian online lending platform, is reported to have raised $12.5 million in Series B round led by Venture Capital and Private Equity firm SAIF Partners. Other participants in the funding round include Matrix Partners India, WaterBridge Ventures and Whiteboard Capital. Ziploan plans to use the funds into expanding business operations and service offerings in Delhi NCR, Mumbai, Indore, Lucknow Dehradun and Jaipur.

Elvis Gomes