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Bangalore, India based consumer lender EzCred has raised over $1m in Series Seed funding from investors including Dheeraj Pandey, CEO of Nutanix; Rajesh Yohannan, former MD and CEO of Oanda Asia Pacific; and Akash Garg Director of Engineering at Uber. EzCred is a marketplace for availing consumer loans at retail stores. The startup looks for borrowers that are looking for consumer loans and matches them with lenders for the transaction.
Other investors in the round included Citibank’s Sanjay Nambiar; Christian Oestlien, Director of Product Management at YouTube; Ratikant Sahu, digital delivery head at ANZ; and Neill Occhiogrosso, Partner at US-based Costanoa Ventures. Talking about the funding investor Dheeraj Pandey said, “I am excited to be part of EzCred’s journey to enable credit for the masses. I see a strong team with a unique combination of both financial pedigree and technical capability and a laser-sharp focus to fundamentally transform how consumers access credit in India.” EzCred was founded in January 2017 by Zipdial co-founder Amiya Pathak and former MD of Zephyr Peacock India Sachin Maheshwari.
