Mutual funds distribution platform ZFunds raises Rs.25-Cr from Elevation Capital, others

Gurugram-headquartered mutual funds distribution platform ZFunds has raised INR 25 crore in equity funding led by Elevation Capital with participation from PB Fintech group chief executive officer (CEO) Yashish Dahiya.ZFunds was founded in 2019 by Manish Kothari and Vidhi Tuteja, who worked at Paisabazaar before starting up.