ZET

Bengaluru, India Founded: 2019 • Age: 7 yrs
ZET is focused on helping individuals build credit scores.
Annual revenue $3.1M Latest available
Total funding $18.5M 4 rounds
Employees 115 Tracked headcount
Investors 39 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About ZET

ZET is a company based in Bengaluru (India) founded in 2019 by Yash Desai and Manish Shara. It operates as a FinTech and Subscription Services. ZET has raised $18.52 million across 4 funding rounds from investors including Nexus Venture Partners, Appyhigh and Conran. The company has 115 employees as of May 16, 2024. ZET offers products and services including SBM ZET Credit Card and Credit Builder Membership. ZET operates in a competitive market with competitors including TransUnion, Equifax, Perfios, Credit Information Bureau and Transunion CIBIL, among others.

  • Headquarter Bengaluru, India
  • Employees 115 as on 16 May, 2024
  • Founders Yash Desai, Manish Shara
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Vistas Technolabs Private Limited
  • Date of Incorporation 26 Mar, 2019
  • Jurisdiction Jaipur, Rajasthan, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3.05 M (USD)
    1790.63
    as on Mar 31, 2022
  • Net Profit
    -$114.59 K (USD)
    -187.27
    as on Mar 31, 2022
  • EBITDA
    -$116.27 K (USD)
    -119.27
    as on Mar 31, 2022
  • Total Equity Funding
    $18.52 M (USD)

    in 4 rounds

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

    Mar 31, 2022

  • Investors
  • Employee Count
    115

    as on May 16, 2024

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Products & Services of ZET

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

Product name locked
Category locked
Primary

An FD-backed credit card for building credit scores.

Product name locked
Category locked
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Personalized guidance provided to improve credit scores quickly.

People of ZET

Headcount 50-200
Employee Profiles 38
Employee Profiles
People
Ajay Kumar
Commission Sales Associate
People
Manish Shara
Co-founder and CEO
People
Mahendra Singh
Sales Executive
People
Dr JAYA NITISH MANGAL
National Sales Head

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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.

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
Investor Description Founded Year Domain Location
Early-stage tech investments are focused on by WaterBridge in India.
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Venture capital firm that partners with entrepreneurs for product-first companies.
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Investor details for ZET

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Investments & Acquisitions by ZET

Investments
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Investment portfolio details for ZET

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Financial Statements - ZET

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Detailed financials for ZET

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Zet Comparisons

ZET Primary company
Description
ZET is focused on helping individuals build credit scores.
Location
Bengaluru, India
Founded Year
2019
Annual Revenue
$3.05 M (USD)
Net Profit
-$114.59 K (USD)
EBITDA
-$116.27 K (USD)
Employees
115
As of 2024
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Peer comparison for ZET

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Competitors of ZET

ZET operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TransUnion, Equifax, Perfios, Credit Information Bureau and Transunion CIBIL, among others.

Company Name Domain Founded year HQ Location Description
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Provider of credit scoring data for consumers and businesses
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Credit score data is provided online for businesses and individuals.
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Provides financial technology solutions for data analysis and verification globally.
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Credit scoring data and customer information provider
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Credit scores and reports are supplied for loan assessments.
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Provider of a credit scoring solution for businesses
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Detailed competitors of ZET

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Latest news on Zet

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Complete news archive for ZET

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  • Source and publication date
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  • Brand-specific news history

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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 current CEO of ZET. They have also founded this company.

ZET is a funded company, having raised a total of $18.52M across 4 funding rounds to date.

As of May 16, 2024, the latest employee count at ZET is 115.

Annual revenue of ZET is $3.05M as on Mar 31, 2022.

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 TransUnion, Perfios and Equifax.

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.

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