Fintech startup DPDzero has raised Rs 3.9 crore in its pre-seed round led by Better capital. Kunal Shah, Ramanathan RV, Nishchay AG, Vijay Rajagopalan, Abhishek Kothari, and Untitled Ventures also participated in the round.
The fresh funds will be used to market the firm’s technology to all cohorts of lenders, and help them limit their focus to acquiring new borrowers.
Founded in March this year by Ananth Shroff and Ranjith B R, DPDzero is building a fintech borrower data platform.
The Bengaluru-based firm claims to have witnessed strong interest from several fintech lenders and NBFCs and has partnered with companies such as OTO capital, BharatX, OkCredit, ZeroPay, RupeeLend, Saija MicroFinance, Kanakadurga Finance, Padmasai Finance, among others.