DPDZero, a debt collection startup, secures $7 million in Series A funding

Bengaluru-based DPDZero has raised $7M in Series A funding led by GMO Venture Partners, with India Quotient, Sinarmas Group, SMBC Asia Rising Fund, and Blume Ventures participating. Founded in 2022 by Ananth Shroff and Ranjith Ramachandra, the AI-driven debt collection startup serves clients like Tata Capital and L&T Finance. With 6X revenue growth, it has recovered ₹150 Cr from 3.5M+ borrowers, targeting the $1T lending tech market by 2030.