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Ashneer Grover Launches Lending Tech Platform ZeroPe

Ashneer Grover, former MD of BharatPe, has launched another venture called ZeroPe, a lending tech startup that will offer medical loans up to INR 5 lakh to end customers, in partnership with Delhi-based NBFC Mukut Finvest. This comes amid legal battles between Grover and BharatPe, with allegations of financial irregularities. The Indian digital consumer lending market is projected to exceed $720 billion by 2030, presenting a substantial market opportunity. ZeroPe will compete with established players like HDFC Bank and Bajaj Finserve, as well as other startups in the healthcare financing ecosystem.

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