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Banking Tech Startup Zeta Aims Expansion in Various Markets
Bhavin Turakhia, co-founder and chief executive officer of banking technology provider Zeta, shares his growth strategy. Zeta raised $250 million from SoftBank Vision Fund II at a valuation of $1.45 billion, winning its first venture backing to help fuel its expansion. The deal pushes Zeta’s valuation up more than fourfold from 2019, when an investment by strategic partner Sodexo SA valued the startup with Indian roots at about $300 million. Turakhia spoke May 25 on "Bloomberg Markets: Asia." (Source: Bloomberg)