Xponentia-backed Zype eyes fresh capital of upto ₹200 crore, appoints banker

₹150–200 crore in primary funding, as the company looks to accelerate expansion, two people familiar with the matter said.The proposed round comes at a time when non-banking finance companies (NBFCs) face tighter regulatory scrutiny and rising stress in unsecured lending, making fresh capital crucial to strengthen balance sheets and support calibrated growth.“Several mid-market private equity firms or late/growth stage venture capital firms will be tapped as a part of the process. The deal is expected to be launched in the coming weeks,” one of the people cited above said.“The company is looking to double down its presence in its existing areas of operations after it became PAT positive in the current financial year,” a second person said.Both the people spoke on the condition of anonymity.

Unitus did not respond to Mint’s requests for a comment. Zype’s founder Yogi Sadana confirmed the fundraise to Mint.“We are seeing strong momentum in business with stable credit performance and disciplined customer acquisition costs.

We remain focused on scaling responsibly keeping the consumer and compliances at the centre of our business,” he said.“In the near term, our priorities are to deepen our presence, broaden our product suite, and continue strengthening our tech, product, and risk capabilities. The capital raise will help strengthen the balance sheet and support our next phase of growth,” Sadana added.The fundraise comes amid a more cautious operating environment for NBFCs.

The sector has posted rapid growth driven by demand for personal loans, MSME financing, vehicle loans and gold loans. However, elevated delinquencies and write-offs in the unsecured segment have prompted the Reserve Bank of India (RBI) to tighten