Zinc - About the company
Zinc is a seed company based in Bengaluru (India), founded in 2024 by Prashanth Ranganathan, Mayuresh Kini and Piyush Gupta. It operates as a Goal-based wealth-tech solution for managing children's education expenses. Zinc has raised $25.5M in funding from Nexus Venture Partners. The company has 23 active competitors, including 4 that are funded. Its top competitors include companies like Backer, Embark and SavvyFi.
Company Details
Goal-based wealth-tech solution for managing children's education expenses. It allows users to plan and invest for their children's education while offering a multi-currency account for global transactions. The platform aims to offer tailored financial planning and investment services to families seeking to fund their children's overseas education.
- Website
- www.zinc.money
- Email ID
- *****@zinc.money
- Registered Address
- BUKIT MERAH CENTRAL - 159836
Key Metrics
Founded Year
2024
Location
Bengaluru, India
Stage
Seed
Total Funding
$25.5M in 1 round
Latest Funding Round
Investors
Ranked
1st among 23 active competitors
Annual Revenue
₹27.5Cr as on Mar 31, 2025
Employee Count
68 as on Jun 30, 2025
Legal entities associated with Zinc
Zinc is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ZINC FINANCIAL ADVISORS PRIVATE LIMITED CIN: U70200MH2024FTC420804 , India, Active | Mar 06, 2024 | $19.5K (As on Mar 31, 2025) | 9 (As on Jun 30, 2025) | |
ZINC MONEY PTE. LTD. CIN: 202325732Z , Singapore, Active | Jul 01, 2023 | - | - | |
ZINC SERVICES INDIA PRIVATE LIMITED CIN: U62090MH2023FTC414461 , India, Active | Nov 28, 2023 | $3.26M (As on Mar 31, 2025) | 59 (As on Jun 30, 2025) |
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Zinc's funding and investors
Zinc has raised a total funding of $25.5M over 1 round. Its latest funding round was a Seed round on Oct 29, 2024 for $*****. 5 investors participated in its latest round. Zinc has 5 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Zinc:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 29, 2024 | 8873746 | Seed | 4058237 | 4361653 | 5440554 | 1607649 |
View details of Zinc's funding rounds and investors
Zinc's founders and board of directors
Founder? Claim ProfileThe founders of Zinc are Prashanth Ranganathan, Mayuresh Kini and Piyush Gupta. Prashanth Ranganathan is the CEO of Zinc.
Here are the details of Zinc's key team members:
- Prashanth Ranganathan: Co-Founder & CEO of Zinc. They serve on the board of 1 company.
- Mayuresh Kini: Co-Founder, CFO & COO of Zinc.
- Piyush Gupta: Co-Founder of Zinc.
View details of Zinc's Founder profiles and Board Members
Zinc's employee count trend
Zinc has 68 employees as of Jun 25. The total employee count is 79.0% more than what it was in Jun 24. Here is Zinc's employee count trend over the years:
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Zinc's Competitors and alternates
Top competitors of Zinc include Backer, Embark and SavvyFi. Here is the list of Top 10 competitors of Zinc, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Goal-based wealth-tech solution for managing children's education expenses | $25.5M | 66/100 | ||
2nd | Backer 2015, San Francisco (United States), Series A | Online platform for college savings fund | $18M | 55/100 | |
3rd | Digital platform providing education saving plan for post-sectondary education funding | - | - | 39/100 | |
4th | SavvyFi 2017, Franklin (United States), Series A | Goal-based savings plan for child's education | $5.72M | 37/100 | |
5th | Provider of personal savings platform | $200K | 35/100 | ||
6th | The Florida Prepaid College 1987, Tallahassee (United States), Unfunded | Savings platform focused on college education | - | - | 34/100 |
7th | Pelican 2022, New York City (United States), Funding Raised | Online platform to invite friends and families to contribute on goal based education savings fund for individuals | - | 31/100 | |
8th | EduFi 2020, San Francisco (United States), Unfunded | Educational savings and expense management platform for individuals | - | - | 30/100 |
9th | Livada 2021, London (United Kingdom), Unfunded | Provider of financial advisory services for child future education | - | - | 30/100 |
10th | my529 1996, Salt Lake City (United States), Unfunded | Educational savings platform for individuals | - | - | 28/100 |
Looking for more details on Zinc's competitors? Click here to see the top ones
Zinc's Investments and acquisitions
Zinc has made no investments or acquisitions yet.
Reports related to Zinc
Here is the latest report on Zinc's sector:
News related to Zinc
Media has covered Zinc for a total of 3 events in the last 1 year, 1 of them has been about company updates.
•
Alpaca Enters India’s GIFT City Broker-Dealer Market through Zincmoney IFSC AcquisitionBusiness Wire•Jan 07, 2026•Alpaca Securities, , Zinc
•
FinTech Funding October 2024: Total $199 mln raised by Indian FinTechsIndiatimes•Nov 05, 2024•Finova Capital, Avataar Ventures, Sofina, Madison India Capital and 10 others
•
Zinc secures $25.5M seed funding to reshape India's edu-wealth sectorCyberMedia India Online•Oct 29, 2024•Zinc, Nexus Venture Partners, Quona, EDBI and 9 others
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