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Launched under Zerodha’s education push, Zero1 functioned as a creator partnership programme supporting storytellers producing long-form content across finance, health, and climate.
The funding round was led by Blume Ventures, V3 Ventures, MIXI, and Times Internet, with participation from cricketers MS Dhoni, Jasprit Bumrah, Shreyas Iyer, Ravindra Jadeja, Tilak Varma, Sai Sudharsan, and Hardik Pandya.
The Gurugram-based firm plans to use the fresh capital to scale its technology infrastructure, enhance product offerings, and accelerate user acquisition, with a focus on expanding its artificial intelligence-led capabilities.
The fund will invest in Indian technology companies across four key sectors: technology platforms, consumer discretionary, artificial intelligence and software, and deep tech.
The Bengaluru-based digital payments firm is expected to raise between USD 600 million and USD 700 million, with a valuation of around USD 5–6 billion.
The funding will support the deployment of more than 2.2 million smart meters in West Bengal and help expand Polaris’ advanced metering infrastructure (AMI) network in the region.
The firm, which began as a small initiative to support companies in India’s capital markets ecosystem, has significantly expanded its scope over the past nine years.
Following his exit, the business will now be overseen by Rohit Kapoor, CEO of the company’s food marketplace, according to Entrackr’s internal communication.