Ma­trix Part­ners in­vests in ZipLoan

The Hindu Business Line - - EMERGING ENTREPRENEURS -

Ma­trix Part­ners In­dia has in­vested in fin­tech start-up ZipLoan, a non-bank­ing fi­nance com­pany that pro­vides small ticket busi­ness loans up to ₹5 lakh to mi­croen­ter­prises and SMEs. It will use the money to ex­pand the team, en­ter new ge­ogra­phies and im­prove the tech­nol­ogy plat­form. Ex­ist­ing in­vestors Sar­b­vir Singh (for­mer Manag­ing Direc­tor, Cap­i­tal 18), WaterBridge Ven­tures and White­board Cap­i­tal also par­tic­i­pated in this fund raise.

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