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zenda: Raises $9.4M in Seed Funding
FinTechFunding
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zenda: Raises $9.4M in Seed Funding

Steve Sam
By Steve Sam

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

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