• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Saturday, June 21, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home News

growX ventures Invest in ZipLoan

by Chinmay Bidkar
October 14, 2016
in News
Reading Time: 1 min read
0
growx
TwitterWhatsappLinkedin

 

You might also like

Trump Nominated by Pakistan for 2026 Nobel Peace Prize Over India-Pakistan Peace Efforts

Weekly Business News: Everything from Starlink’s India entry to Ecom Express Acquisition

Weekly Startup Funding News: Indian startups raised $92 Mn this week; from WIOM to POP

untitled2

14 October 2016, India :

growX ventures leads funding round in ZipLoan, which aims to provide short-term unsecured working capital and asset enhancement loans to MSME’s in India using a proprietary credit scoring mechanism called Zipscore.

The company, cofounded by Kshitij Puri and Shalabh Singhal, focuses on addressing the credit requirements of small businesses.

“We will use these funds for investing in our product, technology, data science capabilities and to also build the small business loan portfolio”, co-founder Shalabh Singhal added.

Set up in September 2015, ZipLoan has built a proprietary automated credit engine that has reduced credit assessment period at ZipLoan to few minutes compared with up to a week’s time in a traditional financial institution. Loan sizes vary from Rs.1Lac to 3 Lac for a period of 6 – 24 months.

Ashish Taneja, MD, growX ventures, who will be joining the Board of ZipLoan, said, “ZipLoan is probably the one team we have come across which is effectively addressing the holy grail of Indian lending i.e. the small business lending. The team at ZipLoan brings in relevant experience to disrupt this space.”

growX is an early-stage investment firm based out of Delhi, which works closely with investee firms at both strategic and operational levels to drive scale and success. Its investments are focused on seed/ angel stages across a wide range of sectors.

Also read-
YUVRAJ SINGH’S FASHION LABEL YWC TIES UP WITH MYNTRA
QUARIZON CONSULTING SERVICES INVEST BEATROUTE INNOVATIONS
Tags: fundinggrowX venturesInvestmentinvestorsZiploan
Tweet54SendShare15
Previous Post

Yuvraj Singh’s Fashion Label YWC Ties Up with Myntra

Next Post

Postman Secures $7mn in Series A Funding from Nexus Venture Partners

Chinmay Bidkar

Curious, Keen Observant & Dynamic! Chinmay finds peace in meeting people who work hard for humanity. He has new found interest in Gadgets and Techs and at Techstory he gets to write about it! Reach out at- [email protected]

Recommended For You

Trump Nominated by Pakistan for 2026 Nobel Peace Prize Over India-Pakistan Peace Efforts

by Rounak Majumdar
June 21, 2025
0
Trump Nominated by Pakistan for 2026 Nobel Peace Prize Over India-Pakistan Peace Efforts

Pakistan has made international headlines by formally nominating former US President Donald Trump for the 2026 Nobel Peace Prize, crediting his role in de-escalating the recent conflict between...

Read more

Weekly Business News: Everything from Starlink’s India entry to Ecom Express Acquisition

by Ishaan Negi
June 21, 2025
0
Weekly Business News: Top business updates in this week

India’s rapidly evolving business and tech landscape is witnessing a week of dramatic turns—from legal battles and leadership pivots to billion-dollar investments and policy wins. From baby brands...

Read more

Weekly Startup Funding News: Indian startups raised $92 Mn this week; from WIOM to POP

by Ishaan Negi
June 21, 2025
0
Weekly Startup Funding News: Indian startups raised $196 Mn this week; from Emiza to Leap

After a hopeful rebound earlier this month, India’s startup investment activity experienced a steep decline in the third week of June 2025. Startups raised just $91.5 Mn across...

Read more
Next Post
Postman

Postman Secures $7mn in Series A Funding from Nexus Venture Partners

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?