About Zuron
Zuron is a Financial Services company based in Mumbai (India) founded in 2018 by Kadam Shah and Nidhi Chamria. It operates as a platform offering supply chain finance solutions. Zuron has raised $486.48 thousand across 1 funding round from investors including Xtended Business Reporting, Chandani Shah and Jai Kumar Menghani. Zuron was last valued at $1.47 million in March 2022. Its Indian entity Zuron Fin-Tech Private Limited reported revenue of ₹3.19 Cr. Zuron offers products and services including Receivables Finance, Payables Finance, Dynamic Discounting, Lending Suite, and LOS. Its focus areas include FinTech, Alternative Lending, Online Lenders and Business Loans. Its competitors include Vayana, CredAble, LeRemitt, Vayana TradeXchange and Mynd Fintech and 3 more; 4 of its 8 listed competitors have raised funding.
Company details
Zuron was founded in 2018 in Mumbai, India, as a platform in the financial services sector focused on supply chain finance. Services including receivables finance, payables finance, and discounting are provided to businesses. Working capital optimization and cash flow management are facilitated through these operations, primarily serving the Indian market.
- Headquarters Mumbai, India
- Founders Kadam Shah, Nidhi Chamria
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website zuron.in
- Social LinkedIn X Facebook
- Legal Name Zuron Fin-Tech Private Limited
- Date of Incorporation 15 Feb, 2018
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹3.19 Cr
FY 2024 · +79% YoY
- Net Loss-₹55.7 Lakh
FY 2024 · -17% margin
- EBITDA-₹14.9 Lakh
FY 2024 · -5% margin
- Total Equity Funding$486.48K (USD)
in 1 rounds
- Latest Funding Round$486.48K (USD), Seed
Mar 2022
Associated legal entities of Zuron
Zuron operates through Zuron Fin-Tech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Zuron Fin-Tech Private Limited CIN U72900MH2018PTC305068 | Active | 15 Feb 2018 | Mumbai, Maharashtra | ₹3.2 Cr | – | 3 | View details |
Products & Services of Zuron
Zuron offers a comprehensive portfolio of products and services, including Receivables Finance, Payables Finance, Dynamic Discounting, Lending Suite, and LOS.
Provides immediate advances on business receivables for cash flow.
Manages supplier payments to optimize working capital efficiency.
Offers early payment discounts on invoices for better liquidity.
Delivers end-to-end lending solutions via digital interface.
Handles loan origination processes for streamlined financing.
Funding Insights of Zuron
Zuron has successfully raised a total of $486.48K through 1 strategic funding round. The most recent funding activity was a Seed round of $486.48 thousand 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 $486,481
- Total Rounds 1
- Last Round Seed — $486,481
- First Round $486,481
(Mar 2022)
- Investors Count 5
All 1 funding rounds of Zuron with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2022 | $486,481 | Seed | $1.47M | Jai Kumar Menghani |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2022 | $1.47M | •••••••• |
Last known valuation $1.47M (Mar 2022). 5 investors in total: 1 institutional and 4 angel.
Investors in Zuron
Zuron has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Xtended Business Reporting, Chandani Shah and Jai Kumar Menghani.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are invested in by this private equity firm. | – | xtendedbusniessreporting.tcc.mode | Delhi, India | |
CS Chandani Shah | - | – | unknown_1233d317a80c4b7e8 | - |
JK Jai Kumar Menghani | - | – | unknown_3b8ead1bdacf4ce98 | - |
RS Ruchi Shukla | - | – | unknown_8bcdacbd54a549c29 | - |
KS Kadam Shah | Angel investor and entrepreneur, focusing on early-stage Indian startups. | – | unknown_13c8ef0bbe8f456db | - |
Investor details for Zuron
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Zuron Fin-Tech Private Limited (Zuron)
Zuron Fin-Tech Private Limited is the primary company behind Zuron. The board of Zuron Fin-Tech Private Limited currently have 3 directors; the longest-serving is Chandani Kadam Shah, appointed in 2018. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chandani Kadam Shah DIN 07572735 | Director | 15 Feb 2018 | 8 yrs 8 mo | Zuron Fin-Tech Private Limited |
| Priyanka Dixit DIN 06578720 | Director | 05 Nov 2018 | 7 yrs 11 mo | Zuron Fin-Tech Private Limited |
| Sandeep Hemant Dave DIN 05306701 | Director | 04 Oct 2023 | 3 yrs | Zuron Fin-Tech Private Limited |
People of Zuron
2 people are tracked at Zuron (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Zuron
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Zuron
Figures of Zuron Fin-Tech Private Limited, the primary company behind Zuron, for FY 2024. Revenue was ₹3.19 Cr (+79% year on year). Net loss was -₹55.7 Lakh (-17% margin). EBITDA was -₹14.9 Lakh (-5% margin). Revenue has grown at a compounded annual rate of +58% over three years.
- ₹3.19 CrRevenue · FY 2024 · +79% YoY
- -₹55.7 LakhNet loss · -17% margin
- -₹14.9 LakhEBITDA · -5% margin
- ₹14.9 LakhPaid-up capital
- +58%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Zuron Fin-Tech Private Limited are on its company page.
Detailed financial statements for Zuron
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Zuron
3 dated milestones of Zuron across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Zuron is founded.
- Funding First funding round of $486K.
- Milestone Reaches Minicorn status.
Competitors of Zuron
Zuron has 8 listed competitors in our database, 4 of them funded. They include Vayana, CredAble, LeRemitt, Vayana TradeXchange and Mynd Fintech, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vayana.com | 2009 | Pune, India | $91.94M | – | Platform for trade credit and supply chain finance is provided. | |
| credable.in | 2017 | Mumbai, India | $62M | 113 | Provider of working capital and supply chain finance solutions for businesses | |
| leremitt.com | 2022 | Bengaluru, India | $1.25M | 20 | Provider of AI-powered solutions for cross-border trade | |
| vayanatradexchange.com | 2022 | Gandhinagar, India | – | 32 | Online platform for trade financing | |
| myndfin.com | 2002 | India | $16.18M | – | Online marketplace for supply chain financing | |
| globaltradecorp.com | 2002 | Toronto, Canada | – | – | Multi-bank trade finance platform connects corporations to financial institutions. | |
| cashntech.com | 2022 | Pune, India | – | – | Cloud-based supply chain finance platform for working capital is provided. | |
| zenfact.com | 2013 | Mumbai, India | – | – | Provides trade finance solutions for banks and corporates to facilitate secure transactions. |
Detailed competitors of Zuron
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Zuron
The website of Zuron (zuron.in) receives about 2K visits a month.
- Monthly visits2K
▲ 26.9% vs previous month
Top companies in Alternative Lending
10 companies that operate in the same segment as Zuron (Alternative Lending), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 860 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 6,843 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | 4,683 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 106.45 M | 2,161 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | 1,487 | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – |
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Frequently Asked Questions about Zuron
Zuron was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Zuron is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Zuron is a funded company, having raised a total of $486.48K across 1 funding round to date. The company's 1st funding round was a Seed of $486.48K, raised on Mar 2022.
The primary company behind Zuron, Zuron Fin-Tech Private Limited, reported revenue of ₹3.19 Cr for FY 2024, up 79% year on year.
Zuron was founded in 2018 in Mumbai, India, as a platform in the financial services sector focused on supply chain finance. Services including receivables finance, payables finance, and discounting are provided to businesses. Working capital optimization and cash flow management are facilitated through these operations, primarily serving the Indian market.
Zuron's top competitors include CredAble, Vayana and Vayana TradeXchange.
Zuron offers Receivables Finance, Payables Finance, Dynamic Discounting, Lending Suite, and LOS.
Zuron has 5 investors. Key investors include Xtended Business Reporting, Chandani Shah, Jai Kumar Menghani, Ruchi Shukla, and Kadam Shah.
The valuation of Zuron is $1.47M as of Mar 2022.
Zuron operates through Zuron Fin-Tech Private Limited.
The legal entities of Zuron currently have 3 directors, including Sandeep Hemant Dave, Priyanka Dixit, Chandani Kadam Shah.