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Engaged Employer
Zeta
3.3
based on 250 Reviews
Video summary
Company Overview
Company Locations
Working at Zeta
Company Summary
Zeta is the world's first Omni Stack for credit cards. A single stack for Origination, Processing, FRM, Rewards, Loans, APIs, and Apps
Overall Rating
3.3/5
based on 250 reviews
14% below
industry average
Critically rated for
Work satisfaction, Promotions, Work-life balance
Work Policy
Work from office
87% employees reported
Monday to Friday
86% employees reported
Flexible timing
79% employees reported
No travel
73% employees reported
View detailed work policy
Top Employees Benefits
Cafeteria
16 employees reported
Job/Soft skill training
13 employees reported
Health insurance
10 employees reported
Office cab/shuttle
8 employees reported
View all benefits
About Zeta
Founded in2015 (10 yrs old)
India Employee Count501-1k
Global Employee Count1k-5k
India HeadquartersBangalore,Karnataka, India
Office Locations
Websitezeta.tech
Primary Industry
Other Industries
View in video summary
Zeta® is in the business of providing a full-stack, cloud-native, API first neo-banking platform including a digital core and a payment engine for issuance of credit, debit and prepaid products that enable legacy banks and new-age fintech institutions to launch modern retail and corporate fintech products. Co-founded by Bhavin Turakhia (CEO) and Ramki Gaddipati (CTO), Zeta currently provides its platform and products to BFSI issuers in India, Asia, and LATAM. Zeta’s products are used by banks like RBL Bank, IDFC First Bank and Kotak Mahindra Bank, 14000 corporates and over 2 million users. Zeta is a SOC 2, ISO 27001, ISO 9008, PCI DSS certified company. Zeta has over 500 employees and clocks over 1 million transactions per day.
Mission: We at Zeta are on a mission to make digital payments more inclusive and accessible.
Zeta Ratings
based on 250 reviews
Overall Rating
3.3/5
How AmbitionBox ratings work?
5
76
4
61
3
57
2
20
1
36
Category Ratings
3.6
Salary
3.3
Job security
3.3
Skill development
3.1
Company culture
3.0
Work-life balance
3.0
Promotions
3.0
Work satisfaction
Zeta is rated 3.3 out of 5 stars on AmbitionBox, based on 250 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Zeta
based on 230 reviews
3.6
Rated by 40 Women
Rated 3.7 for Skill development and 3.6 for Work satisfaction
3.3
Rated by 190 Men
Rated 3.7 for Salary and 3.2 for Job security
Work Policy at Zeta
based on 36 reviews in last 6 months
Work from office
87%
Permanent work from home
9%
Hybrid
4%
Zeta Reviews
Top mentions in Zeta Reviews
+ 5 more
Compare Zeta with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.3/5 based on 250 reviews | 3.3/5 based on 7.4k reviews | 4.1/5 based on 436 reviews | 4.0/5 based on 2.3k reviews |
Highly Rated for | No highly rated category | No highly rated category | Work-life balance Salary Job security | Salary Skill development Work-life balance |
Critically Rated for | Work-life balance Promotions Work satisfaction | Job security Promotions Company culture | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 87% employees reported | Work from office 48% employees reported | Work from office 74% employees reported | Work from office 53% employees reported |
Rating by Women Employees | 3.6 Good rated by 40 women | 3.2 Average rated by 616 women | 4.2 Good rated by 75 women | 3.4 Average rated by 169 women |
Rating by Men Employees | 3.3 Average rated by 190 men | 3.3 Average rated by 6.3k men | 3.9 Good rated by 312 men | 4.0 Good rated by 2k men |
Job security | 3.3 Average | 2.7 Poor | 4.0 Good | 3.8 Good |
View more
Zeta Salaries
Zeta salaries have received with an average score of 3.6 out of 5 by 250 employees.
Software Development Engineer II
(85 salaries)
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₹18 L/yr - ₹51 L/yr
Product Manager
(51 salaries)
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₹21.6 L/yr - ₹45 L/yr
Senior Software Engineer
(49 salaries)
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₹30 L/yr - ₹64 L/yr
Project Manager
(41 salaries)
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₹9 L/yr - ₹28.5 L/yr
Program Manager
(40 salaries)
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₹19.3 L/yr - ₹42 L/yr
Devops Engineer
(35 salaries)
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₹17.2 L/yr - ₹37 L/yr
Technical Program Manager
(32 salaries)
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₹21.2 L/yr - ₹60 L/yr
Senior Devops Engineer
(28 salaries)
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₹23.5 L/yr - ₹60 L/yr
Associate Product Manager
(28 salaries)
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₹12 L/yr - ₹25.2 L/yr
Principal Engineer
(27 salaries)
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₹62 L/yr - ₹1 Cr/yr
Zeta Interview Questions
Interview questions by designation
Top Zeta interview questions and answers
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Zeta Jobs
Popular Designations Zeta Hires for
Current Openings
Zeta News
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Fintech fundraising is giving me 2021 flashbacks
- Riyadh-based Tabby secures $160 million in a Series E round at a $3.3 billion valuation.
- India's Zeta raises $50 million from a strategic investor at a $2 billion valuation.
- Stripe is in talks for another shareholder sale that could value the company at "at least" $85 billion.
- Crypto exchange Coinbase is working on its reentry to India.
TechCrunch | 19 Feb, 2025
Indian startups raised over $357 million from Feb 10 to Feb 15, 2025; ToneTag tops the list
- Indian startups raised over $357 million from Feb 10 to Feb 15, 2025
- ToneTag secured the highest funding among the startups, raising $78 million in a Series B2 round
- Other notable funding deals include SpotDraft ($54 million), Zeta ($50 million), and 75F ($45 million)
- Mergers and acquisitions: KiranaPro acquired Joper.app and MSys Technologies acquired Gophers Lab
ISN | 16 Feb, 2025
Top Funding Wrap of the Week – 10 Feb – 14 Feb 2025
- ToneTag, a digital payments startup, raised $78 million in funding from ValueQuest Scale Fund and Iron Pillar.
- SpotDraft, a CLM platform, secured $54 million in Series B funding led by Vertex Growth Singapore and Trident Partners.
- Zeta, a banking tech startup, raised $50 million in funding from Optum, increasing its valuation to $2 billion.
- 75F, an IoT and AI-based HVAC automation company, raised $45 million in Series B funding led by Accurant International's Net Zero Alliance.
VIE Stories | 15 Feb, 2025
AI and security startups blossom on cloudy days
- AI startups raised $110 billion in 2024, a 62% increase compared to 2023, while overall startup funding was down 12% year on year.
- European AI: Mistral AI's AI assistant Le Chat became the most downloaded iOS app in France.
- Security compliance firm Data acquired software security review startup SafeBase for $250 million. CyberArk bought startup Zilla Security for $165 million in cash.
- Zeta, a Bengaluru-based provider of banking software, raised $50 million and is now valued at $2 billion.
TechCrunch | 15 Feb, 2025
Startup news and updates: Daily roundup (February 12, 2025)
- SoftBank reported a Q3 loss of 369,165 billion yen due to declining shares of its top portfolio companies during the period.
- Zeta's CEO, Bhavin Turakhia, prioritizes aggressive growth over an IPO, focusing on client acquisition and revenue expansion in the US and India.
- Jemimah Rodrigues credits the Women's Premier League and domestic cricket for advancing women's cricket, noting the rise of new talent and fan following.
- Freshworks reduced its loss by 31% in FY24, with a 22% revenue growth in Q4, reaching $194.6 million.
- Rapido is set to raise Rs 250 crore from Prosus in Series E funding, with Prosus gaining a 2.9% stake in the company.
- Nivaan Care secured $4.25 million in seed funding to expand into new clinics and offer regenerative medicine treatments for chronic pain management.
- Mysa announced a seed funding of $2.8 million led by Blume Ventures to enhance platform capabilities and drive customer expansion.
- Future AGI received $1.6 million in pre-seed funding to scale its AI lifecycle management platform and strengthen its technology stack.
- Vidysea raised $1 million in seed funding from Zee Learn and Aarvi Family to enhance its AI-driven study abroad platform for personalised career guidance.
- GoRally secured $750,000 in pre-seed funding to expand its pickleball chain and launch a tech platform for community engagement.
Yourstory | 12 Feb, 2025
Aggressive growth, not an IPO, is Zeta’s priority: CEO Bhavin Turakhia
- Zeta CEO Bhavin Thurakia prioritizes aggressive growth over an immediate IPO, focusing on ambitious expansion plans and client acquisition in the US and India.
- The banking technology unicorn aims to multiply its revenue by 2.5 to 3 times, sign new banking clients, and enter two additional markets before considering a public listing.
- Zeta recently received a $50 million investment from Optum at a $2 billion valuation, which will bolster its cash reserves for future growth.
- The company plans to be profitable by March 2026 and is currently not in need of additional funding, utilizing existing cash reserves for operations.
- Zeta's revenue is expected to be between $100 million and $200 million by FY26, with the majority coming from the US market.
- The startup is focused on expanding its client base by signing new contracts and adding new financial institutions in the US and Indian markets.
- Zeta's burn rate has significantly decreased, with plans to achieve EBITDA positivity by March 2026, driven by increasing revenue and cost optimization.
- Challenges in the banking space include regulatory, competitive, and technological pressures, with Zeta aiming to address these by modernizing technology platforms.
- Before considering an IPO, Zeta has set milestones such as multiplying revenue, expanding client base, and entering new markets, as part of its long-term growth strategy.
- Zeta aims to be one of the top players in modern banking technology, focusing on the net present value of future cash flows and profitability rather than revenue multiples.
Yourstory | 12 Feb, 2025
Zeta Secures $50 Million Investment, Valuation Soars to $2 Billion
- Zeta, a fast-growing banking technology provider, secures $50 million investment from a strategic investor, raising its valuation to $2 billion.
- Zeta's modern, cloud-based platform is revolutionizing the banking technology space, assisting banks in moving away from outdated systems and providing better digital experiences.
- Zeta's diverse range of products, including core banking and payments, merchant payments, AI-driven banking tools, and more, support various aspects of banking operations.
- Zeta's strong financial performance, recent funding, and growing global team position the company as a significant player in the banking technology sector, driving further innovation and expansion.
Startup Story | 11 Feb, 2025
Zeta valued at $2 billion after recent $50 million investment
- Zeta, a banking technology startup, is now valued at $2 billion following a recent $50 million investment.
- Zeta's SaaS offerings allow financial institutions to launch various products, such as credit cards, checking accounts, and loans, on a modern platform.
- Zeta has already supported over 25 million accounts and has contracts in place to add another 25 million.
- Zeta's clients include major financial institutions like HDFC Bank, with whom they have launched various products.
HinduBusinessLine | 11 Feb, 2025
Zeta’s Valuation Jumps To $2 Bn After Funding From Optum
- Bengaluru-based banking tech unicorn Zeta has raised $50 Mn in funding from Optum, valuing the company at $2 Bn.
- Zeta offers an omni-stack platform to financial institutions for processing and issuing debit and credit cards.
- The company has more than 1,300 employees and has served eight issuers and 30 fintech firms.
- Zeta reported a profit of INR 21.94 Cr in FY23, compared to a loss of INR 20.7 Cr in FY22.
Inc42 | 11 Feb, 2025
Zeta’s valuation surges to $2B with $50M investment from Optum
- Banking technology provider Zeta has raised $50 million in a strategic investment round from Optum, valuing the company at $2 billion.
- This latest valuation represents a 1.7X increase from the previous funding round in 2021.
- Zeta offers software-as-a-service solutions to help banks and fintechs replace legacy systems, supporting over 25 million accounts.
- Zeta's clientele includes major financial institutions such as HDFC Bank, and its parent company's profits saw a significant year-over-year increase.
Yourstory | 11 Feb, 2025
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Zeta FAQs
When was Zeta founded?
Zeta was founded in 2015. The company has been operating for 10 years primarily in the Emerging Technologies sector.
Where is the Zeta headquarters located?
Zeta is headquartered in Bangalore,Karnataka. It operates in 2 cities such as Bangalore / Bengaluru, Mumbai. To explore all the office locations, visit Zeta locations.
How many employees does Zeta have in India?
Zeta currently has more than 700+ employees in India. Engineering - Software & QA department appears to have the highest employee count in Zeta based on the number of reviews submitted on AmbitionBox.
Does Zeta have good work-life balance?
Zeta has a work-life balance rating of 3.0 out of 5 based on 200+ employee reviews on AmbitionBox. 45% employees rated Zeta 3 or below, while 55% employees rated it 4 or above for work-life balance. This rating suggests that while some employees recognize efforts towards work-life balance, there is scope for improvement based on employee feedback. We encourage you to read Zeta work-life balance reviews for more details
Is Zeta good for career growth?
Career growth at Zeta is rated as moderate, with a promotions and appraisal rating of 3.0. 45% employees rated Zeta 3 or below, while 55% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Zeta promotions/appraisals reviews for more detailed insights.
What are the cons of working in Zeta?
Working at Zeta does have some drawbacks that potential employees should consider. The company is poorly rated for work satisfaction, work life balance and promotions / appraisal, based on 200+ employee reviews on AmbitionBox.
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