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.
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EzCred raises $1m Seed funding
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.
