Zype Raises INR 90 Cr In A Mix Of Equity & Debt

Fintech startup Zype has raised INR 90 Cr ($10.3 Mn) in a mix of equity and debt funding round. The fundraise comprises an equity round of INR 56 Cr and debt funding of INR 34 Cr.

According to Zype’s MCA filing assessed by Inc42, the startup’s board has approved the issuance of 61.5 Lakh equity shares at an issue price of INR 90.9 to raise INR 56 Cr from Unleash Capital Partners, Xponentia Capital Partners and angel investor Tejinder Singh Hara.

Besides, the startup’s board also approved…