Zeta’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)
Legal Name: Zeta Private Limited | CIN: U99999MH1959PLC011531
Zeta, founded in 2015 by Bhavin Turakhia and team, is a Bengaluru-based fintech innovator providing cloud-native banking infrastructure, credit card processing, and payment solutions to banks and fintechs globally. Over the years, Zeta has pioneered modern core banking platforms with API-first architecture, enabling digital issuance, real-time transaction processing, and data-driven insights through AI-powered analytics. The firm’s offerings include employee benefits solutions, credit and debit card processing platforms, and consumer-facing neo-banking services, supporting rapid growth and seamless integration for its clients. With a focus on security, scalability, and compliance, Zeta partners with leading financial institutions worldwide, driving digital transformation and enhancing customer experiences across retail and corporate banking sectors.
| Founding year | 2015 |
|---|---|
| Headquarters | Bengaluru, Karnataka, India |
| Valuation | $2B (2025 strategic funding) |
| Total Funding | $390M |
| Employees | ~1,200 |
| Annual Revenue (INR) | ₹893 Cr (FY24) |
| Annual Net Profit (INR) | ₹120 Cr (FY24) |
| Profit Margin | 13.4% (FY24) |
| Round | Date | Amount | Valuation | Investors |
|---|---|---|---|---|
| Series A | Jul 2019 | $25M | $300M valuation | Sodexo BRS, others |
| Series B | Oct 2021 | $250M | $1.45B valuation | SoftBank Vision Fund 2, others |
| Series C | Mar 2022 | $30M | $1.5B valuation | Mastercard, others |
| Series D | Feb 2025 | $50M | $2B valuation | Strategic investors |
Zeta India’s revenue grew from ₹615 Cr in FY22 to ₹816.2 Cr in FY23 (↑33%) and to ₹893.12 Cr in FY24 (↑9.4%), while net moved from an estimated loss to ₹21.94 Cr profit in FY23 and ₹120 Cr profit in FY24, reflecting strong operational scaling and improved unit economics.
Profit margins improved from approx -8.1% in FY22 to 2.7% in FY23 and to 13.4% in FY24, indicating accelerating profitability as the platform scales.
Zeta’s headcount expanded from ~800 in FY22 to ~1000 in FY23 and ~1200 in FY24 as it scaled product, engineering, and client services teams to support rapid growth and global deployments.
- Deepen global banking partnerships and expand into new markets, particularly North America and Southeast Asia.
- Enhance platform capabilities with AI-driven analytics, fraud detection, and real-time personalization modules.
- Launch new product verticals such as embedded finance solutions and consumer neo-banking offerings.
- Optimize profitability through cost efficiency, strategic pricing, and expanded subscription services.
- Prepare for potential IPO post-2026 once profitability targets are consistently met and market conditions are favorable.
In FY24, Zeta India’s revenue from operations rose to ₹893 Cr (↑9.4% YoY) with net profit of ₹120 Cr, driven by expanded client base and operational efficiencies. In February 2025, Zeta secured $50M strategic funding at a $2B valuation, underscoring investor confidence in its innovative banking platform and growth trajectory towards profitability by 2026.
| Metric | Details |
|---|---|
| Employees | 800 → 1000 → 1200 |
| Revenue | ₹615 Cr → ₹816.2 Cr (↑33%) → ₹893.12 Cr (↑9.4%) |
| Net Profit/Loss | ₹-50 Cr → ₹21.94 Cr profit → ₹120 Cr profit |
| Profit Margin | -8.1% → 2.7% → 13.4% |
| Valuation & Funding | $2B (2025 strategic funding); $390M |
| IPO Status | Not yet public; focusing on scaling global partnerships and achieving profitability targets by 2026. |
| Expansion Focus | Global banking partnerships, new product modules (fraud, analytics), AI-driven services, and regulatory compliance. |
| Latest News | ₹893 Cr revenue & ₹120 Cr profit FY24; $50M funding at $2B valuation |
Zeta’s trajectory shows robust revenue growth and accelerating profitability driven by its modern banking platform and strategic client expansion. Continued focus on product innovation, global partnerships, and achieving sustainable margins will be key as it prepares for potential public listing.
Make smarter business decisions with verified insights on companies and directors. Visit Affluense.ai to learn more.
Disclaimer: © 2025. All information is curated from public and third-party sources and provided solely for legitimate business use. Please ensure proper authorization before use.