ZipLoan raises Rs 15 Cr in debt round led by Stride Ventures

Date posted: Friday 14 August 2020

Stride Ventures, a venture debt fund firm, has led a debt round of Rs 15 crore in ZipLoan, a fintech lending platform that provides loans to MSMEs. According to a statement from Stride Ventures, this is its first foray into fintech lending and the funding will be disbursed across two tranches. The firm believes this funding underlines its commitment to leverage traditional banking capital to cater to the startup ecosystem.

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