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FinTech

DPDzero co-founders dilute over 45% stake after Series A round


Fintech startup DPDzero recently raised $7 million in its Series A round, led by Japan-based GMO Venture Partners, with participation from SMBC Asia and existing backer Blume Ventures.

Apart from naming the investors, the company withheld further details. However, Entrackr’s analysis of regulatory filings brings key insights such as the funding round breakup, shareholding pattern, and current valuation.

The DPDzero’s board approved the allotment of 21,709 Series A CCCPS at an issuance price of Rs 24,364 each to raise Rs 52.89 crore or $6.2 million….



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