BNPL fintech startup zenda raises $9.4 Mn from VentureSouq, others
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Buy now pay later (BNPL) fintech startup zenda has raised $9.4 Mn in an oversubscribed seed funding round. The round saw participation from STV, COTU, Global Founders Capital, and VentureSouq. The fresh capital will be used for product development and to expand footprint in India. zenda initiated its operations in India in Q3 2021 and claims to have partnered with more than 1000 academic institutions.