Fintech startup DPDzero  raises Rs 3.9 crore in funding led by Better Capital

New Delhi: Fintech startup DPDzero on Wednesday said that it has raised Rs 3.9 crore in a funding round led by Better capital. Kunal Shah (founder of Cred), Ramanathan RV (cofounder of Hyperface), Nishchay AG (cofounder and CEO of Jar), Vijay Rajagopalan (head of sales and business development, Amazon Pay (Offline), Abhishek Kothari (cofounder of FlexiLoans.com), and Untitled Ventures also participated in the round.

In a statement, the fintech startup said it will use the new funds to make technology accessible to all cohorts of lenders, allowing them to focus on acquiring new borrowers and not spend expensive engineering bandwidth building non-scalable internal tools to keep operations running.