zenda Raises $9.4M in Seed Funding
- zenda, a Bengaluru, India- and Dubai, UAE-based fintech app for families, secured a $9.4M in seed funding
- Backers included STV, COTU, Global Founders Capital, and VentureSouq
- The funds will be used for product development and market expansion in India
- Founded in June 2021 by Raman Thiagarajan and Haseeb Ahmed, alumni of McKinsey & Company, the company is a fintech app for families
- The company initiated India entry and operations in Q3 2021, has grown its user base 20X since June 2021
- With more than 40 team members now, and 2/3rds in India, the team has scaled, operating out of Bangalore, Kochi, Delhi and Dubai
