ZET

Bengaluru, India Founded: 2019 • Age: 7 yrs Minicorn
ZET is focused on helping individuals build credit scores.

About ZET

ZET is a Financial Services company based in Bengaluru (India) founded in 2019 by Yash Desai and Manish Shara. ZET is focused on helping individuals build credit scores. It operates on a FinTech and Subscription Services model. ZET has raised $18.52 million across 4 funding rounds from investors including Nexus Venture Partners, Appyhigh and Conran. The company has 115 employees. ZET was last valued at $64.3 million in March 2022. Its chief executive, as recorded, is Manish Shara. Its website zetapp.in draws about 803 thousand monthly visits. Its Indian entity Vistas Technolabs Private Limited reported revenue of β‚Ή30.93 Cr. ZET offers products and services including SBM ZET Credit Card and Credit Builder Membership. Its focus areas include Credit Services and Credit Building. Its competitors include Perfios, Credit Information Bureau and Transunion CIBIL; 2 of its 3 listed competitors have raised funding.

Company details

ZET is engaged in providing financial solutions to improve credit scores for individuals in India. Services are offered through products like the SBM ZET Credit Card, which is FD-backed, and the Credit Builder Membership, providing personalized guidance. The company operates in the financial services sector, targeting credit building and financial inclusion. Tools and educational resources are provided to support users in achieving a 750 credit score, enabling better loan terms and financial opportunities.

  • Headquarters Bengaluru, India
  • Employees 115
  • Founders Yash Desai, Manish Shara
  • Stage Minicorn
  • Sectors
    Financial Services
  • Website category Jobs and Career · Jobs and Employment
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website zetapp.in
  • Social LinkedIn Facebook Instagram
  • Legal Name Vistas Technolabs Private Limited
  • Date of Incorporation 26 Mar, 2019
  • Jurisdiction Jaipur, Rajasthan, India
Key Metrics
  • Annual Revenue
    ₹30.93 Cr

    FY 2025 · -18% YoY

  • Net Loss
    -₹27.76 Cr

    FY 2025 · -90% margin

  • EBITDA
    -₹27.12 Cr

    FY 2025 · -88% margin

  • Total Equity Funding
    $18.52M (USD)

    in 4 rounds

  • Latest Funding Round
    $13M (USD), Series A

    Mar 2022

  • Investors
  • Employee Count
    115

Products & Services of ZET

ZET offers a comprehensive portfolio of products and services, including SBM ZET Credit Card and Credit Builder Membership.

SBM ZET Credit Card
Financial Product

An FD-backed credit card for building credit scores.

Credit Builder Membership
Financial Service

Personalized guidance provided to improve credit scores quickly.

Apps and channels of ZET

ZET publishes 3 mobile apps with over 2M+ downloads.

ZET- Credit Card, Credit Score
Google Play Finance Everyone Free
Developer: ZET TECHNOLABS PRIVATE LIMITED
View on Google Play
ZET- Credit Card, Credit Score
Google Play Finance Everyone Free
Developer: ZET TECHNOLABS PRIVATE LIMITED
View on Google Play
ZET Partner: Refer and earn
Google Play Finance Everyone Free
Developer: ZET TECHNOLABS PVT LTD
View on Google Play

Funding Insights of ZET

ZET has successfully raised a total of $18.52M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $13 million completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $18.52M
  • Total Rounds 4
  • Last Round Series A β€” $13M
  • First Round $29,340

    (Feb 2020)

  • Investors Count 39

All 4 funding rounds of ZET with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2022$13MSeries A$64.3MGeneral Catalyst, Sequoia Capital
Jul 2021$5MSeries A$19.43MWaterBridge, Nexus Venture Partners
Jul 2020$495,160Seed$β€’β€’β€’β€’β€’WaterBridge, Appyhigh
Feb 2020$29,340Angel Round$β€’β€’β€’β€’β€’Ankit Mehrotra, Sahil Jain
–
Valuation history
DateValuationStage
Mar 2022$64.3Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jul 2021$19.43Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jul 2020$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of ZET

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Last known valuation $64.3M (Mar 2022). 39 investors in total: 12 institutional and 27 angel.

Investors in ZET

ZET has secured backing from 39 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Nexus Venture Partners, Appyhigh and Conran.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Early-stage tech investments are focused on by WaterBridge in India.
waterbridge.vcDelhi, India
Venture capital firm that partners with entrepreneurs for product-first companies.
2006nexusvp.comMenlo Park, United States
Investment and transformation services for entrepreneurs in technology and finance sectors.
generalcatalyst.com
Acceleration is provided to startups across multiple sectors by Surge.
surgeahead.com
Investments are managed by G V Sanjay Reddy's family office.
reddy.co.inHyderabad, India
Sequoia Capital is engaged in venture capital investments.
1972sequoiacap.com
Micro venture capital firm investing in cloud startups
cloudcap.inDelhi, India
Web application platform requiring JavaScript for services.
2018appyhigh.comGurugram, India
Venture capital firm investing in early-stage tech startups
Mumbai, India
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Investor details for ZET

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Board of directors of Vistas Technolabs Private Limited (ZET)

Vistas Technolabs Private Limited is the primary company behind ZET. The board of Vistas Technolabs Private Limited currently have 2 directors; the longest-serving is Manish Shara, appointed in 2020. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Manish Shara
DIN 06510684
Director09 Jun 20206 yrs 4 moVistas Technolabs Private Limited
Yash Haresh Desai
DIN 07446832
Director13 Jul 20206 yrs 3 moVistas Technolabs Private Limited

People of ZET

39 people are tracked at ZET (11 in leadership, 28 in team); the tracked headcount is 115.

NameRoleGroup
Co-FounderLeadership
Co-Founder & CEOLeadership
Pranav Gupta
Director - GrowthLeadership
Dr JAYA NITISH MANGAL
National Sales HeadLeadership
Rinsy Backer
Head of PeopleLeadership
Chaitanya Budapaneti
Head Of EngineeringLeadership
Dinesh Maurya
Sales PartnerLeadership
Kashish Verma
Sales PartnerLeadership
Rashika Sharma
Senior Human Resources Business PartnerLeadership
Himanshu Ranjan
Area Sales Head - Enterprise BusinessLeadership
Ankit Agarwal
Director - Data Science, AI & Business LeadershipLeadership
Ajay Kumar
Commission Sales AssociateTeam
Mahendra Singh
Sales ExecutiveTeam
Manveet Singh Rathod
Sales ExecutiveTeam
rahul verma
Senior Sales ExecutiveTeam
Ravinder Saluja
Channel Sales ManagerTeam
Yogesh Narwade
Commission Sales AssociateTeam
Amit Pandey
Office AdministratorTeam
Ramkaran Meena
Sales And Marketing SpecialistTeam
Dodia Ketan
Sales RepresentativeTeam

19 more people are available in the full profile.

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Financials of ZET

Figures of Vistas Technolabs Private Limited, the primary company behind ZET, for FY 2025. Revenue was ₹30.93 Cr (-18% year on year). Net loss was -₹27.76 Cr (-90% margin). EBITDA was -₹27.12 Cr (-88% margin). Revenue has grown at a compounded annual rate of +7% over three years and +141% over five years.

  • ₹30.93 CrRevenue · FY 2025 · -18% YoY
  • -₹27.76 CrNet loss · -90% margin
  • -₹27.12 CrEBITDA · -88% margin
  • ₹83.6 LakhPaid-up capital
  • 115Employees (provident fund records)
  • +7%Revenue CAGR, 3 years
  • +141%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Vistas Technolabs Private Limited are on its company page.

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Detailed financial statements for ZET

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Timeline of ZET

4 dated milestones of ZET across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded ZET is founded.
  2. Funding First funding round of $29K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $13.0M.

Competitors of ZET

ZET has 3 listed competitors in our database, 2 of them funded. They include Perfios, Credit Information Bureau and Transunion CIBIL.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
perfios.com2008Bengaluru, India$258.77M
Provides financial technology solutions for data analysis and verification globally.
cibil.com2000Mumbai, India$19.1M867
Credit scoring data and customer information provider
transunioncibil.com2000Mumbai, India865
Credit scores and reports are supplied for loan assessments.
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Detailed competitors of ZET

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Web traffic of ZET

The website of ZET (zetapp.in) receives about 802.7K visits a month and ranks #54,517 among all websites worldwide, #697 in Jobs and Employment.

  • Monthly visits
    802.7K

    ▼ 21.9% vs previous month

  • Unique visitors
    661.1K

    per month

  • Global rank
    #54,517

    among all websites

  • Category rank
    #697

    Jobs and Career · Jobs and Employment

Similar websites

Websites whose visitors overlap most with ZET. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
hellointern.in
hellointern.in
100%
#908,577–
rupicard.com
60%
8.5K#2,536,615View details
reddit.com
34%
4.4B#9View details
linkedin.com
29%
1.9B#18View details

Top companies in Payments & Remittance Platforms

3 companies that operate in the same segment as ZET (Payments & Remittance Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Digital payments, financial services, and e-commerce platforms are provided.
2000Noida, Uttar Pradesh, IndiaUSD 2.81 BUSD 1.05 B39,368
Payment, financial, investment, and lending services are provided digitally.
2012Bengaluru, Karnataka, IndiaUSD 1.71 BUSD 950.07 M12,265
Payment and business banking solutions are provided for enterprises.
2014Bengaluru, Karnataka, IndiaUSD 741.62 MUSD 302.19 M2,850
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Related news about Zet

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Frequently Asked Questions about ZET

ZET was founded in 2019 and raised its 1st funding round 1 year after it was founded.

ZET is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Manish Shara is the CEO of ZET, as recorded in our data. They have also founded this company.

ZET is a funded company, having raised a total of $18.52M across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $29.34K, raised on Feb 2020.

ZET has 115 employees.

The primary company behind ZET, Vistas Technolabs Private Limited, reported revenue of β‚Ή30.93 Cr for FY 2025, down 18% year on year.

ZET is engaged in providing financial solutions to improve credit scores for individuals in India. Services are offered through products like the SBM ZET Credit Card, which is FD-backed, and the Credit Builder Membership, providing personalized guidance. The company operates in the financial services sector, targeting credit building and financial inclusion. Tools and educational resources are provided to support users in achieving a 750 credit score, enabling better loan terms and financial opportunities.

ZET's top competitors include Perfios, Credit Information Bureau and Transunion CIBIL.

ZET offers SBM ZET Credit Card and Credit Builder Membership.

ZET has 39 investors. Key investors include Nexus Venture Partners, Appyhigh, Conran, WaterBridge Ventures, and General Catalyst.

The valuation of ZET is $64.3M as of Mar 2022.

ZET operates through Vistas Technolabs Private Limited.

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