Angel Investments
Rural India focused fintech co Zenpay raises funds from AngelBay, The StartupLab, others
New Delhi-based fintech startup Zenpay Solutions has raised funding led by AngelBay and The StartupLab, with participation from investors such as Pavitra Walwekar and Naresh Vigh of Kudos Finance, Smart Kitchen founder Ashish Mittal, B21 founder Nitin Agarwal, Viney Equity Market MD Anant Aggarwal, and Raghav Singhal, Director, Om Logistics. Founded in 2018, Zenpay focuses on customers from the semi-rural and rural sectors who do not have access to banking services. Over the next six months, it aims to add 200,000 new customers across India and create a customer base of 1 million by 2022. The company had raised funds from friends and family in May 2020.
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