TaxiForSure co-founder’s new startup Zolve raises $15 million
Two-month-old Zolve is a worldwide neo-banking startup which hopes to give banking and monetary administrations to people taking a gander at moving to global geologies.
TaxiForSure fellow benefactor Raghunandan G's most current startup Zolve, a cross-line advanced financial endeavour, has raised around $15-million seed subsidizing in a round drove by Accel Partners and Lightspeed Venture Partners. With the new venture, the two-month-old startup intends to offer frontend banking answers for travellers moving from India to the U.S. what's more, the other way around through tie-ups with American and domestic banks in the main stage, the organization said in an articulation. It expects to offer clients administrations including settlements, dedication based arrangements, digital money, protection and credit through associations.
"Our cross-line neobank will empower worldwide residents to get to monetary items consistently, set aside cash and contribute it further, assisting them with being allowed to seek after their desire, regardless of where they are," Raghunandan, said in the articulation.
Raghunandan, a private backer to more than 40 new companies, sold its first endeavour TaxiForSure to Ola Cabs in 2015 for $200 million.
For his new startup, he as of now has the support of a portion of the noticeable private backers including Kunal Shah, organizer of Cred; Ashish Gupta, previous overseeing chief at Helion Ventures; Greg Kidd, a private supporter in Twitter and Ripple; Rahul Mehta, overseeing accomplice at DST Global; and Rahul Kishore, senior overseeing chief at Coatue Management. The round additionally saw support from beginning phase financial backer Blume Ventures.
Zolve additionally turns into the primary Indian startup to get speculation from Founder Collective, a financial backer in Airtable and Uber Technologies Inc. "The worldwide resident local area is to a great extent underserved regarding admittance to monetary administrations and we accept that there is a gigantic market opportunity for Zolve," Anand Daniel, accomplice at Accel, said.
