Zeta becomes a unicorn with $250 million SoftBank-led funding

Zeta, a startup that helps banks and fintech firms launch products, is the newest to attain the coveted unicorn status after closing a financing round. The banking tech firm, co-founded by veteran Indian entrepreneur Bhavin Turakhia, said on Monday it has raised $250 million in a Series D Series C round led by SoftBank Vision Fund 2, confirming a TechCrunch report from mid-April. Existing investor Sodexo also participated in the round. The new round valued the startup, which has offices in Bangalore and Dubai, at $1.45 billion. That’s up from…

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