Fintech Startup Zype’s Owner Easy Platform Turns Profitable In FY26, Posts ₹5.3 Cr PAT

Mumbai-based fintech Easy Platform Services, which owns and operates digital lending startup Zype, turned profitable in FY26, posting a consolidated profit after tax (PAT) of ₹5.3 Cr against a loss of ₹12.9 Cr in FY25. 

The startup’s consolidated total income jumped 66.6% to ₹176.6 Cr during the year from ₹106 Cr in FY25, according to ratings agency ICRA.

Easy Platform continued to remain profitable in the first quarter of the ongoing fiscal year. It provisionally posted a PAT of ₹6.1 Cr on a total income of ₹66 Cr in Q1 FY27. 

The financial figures were disclosed in ICRA’s rationale for assigning a provisional A-(SO) rating to pass-through certificates (PTCs) worth ₹8.07 Cr issued by Nebula Trust 2026, a special-purpose trust set up for the securitisation transaction. The instruments are backed by a pool of personal loan receivables originated by Easy Platform’s NBFC subsidiary, Respo Financial Capital.

Easy Platform’s total managed assets increased 63.5% to ₹621.2 Cr in FY26 from ₹379.9 Cr in the previous fiscal year. They rose another 28.5% to a provisional ₹798.4 Cr in Q1 FY27.

Easy Platform also witnessed an improvement in asset quality. Its gross stage 3 ratio declined to 2.2% in FY26 from 3% in FY25 and fell further to 1.7% in Q1 FY27. Stage 3 assets largely comprise credit-impaired loans that are overdue for more than 90 days.

Meanwhile, capital-to-risk weighted assets ratio (CRAR) increased to 33.3% in FY26 from 24.7% in FY25. The ratio moderated to 23.6% in Q1 FY27 but remained above the regulatory requirement of 15%.

Founded in 2019 by Yogi Sardana and the late Ajay Relan, Easy Platform operates digital lending platform Zype, which offers unsecured personal loans to salaried individuals across Tier I, II, and III cities.

Easy Platform is also the parent company of Respo, in which it owns a 100% stake. The RBI-registered NBFC primarily offers unsecured personal loans through Zype, which supports customer acquisition, underwriting, loan servicing, and collections.

Respo received its NBFC licence from the RBI in June 2023. It also operates as an IRDAI-registered corporate agent and earns commission income from the distribution of insurance products.

Zype raised ₹90 Cr (about $10.3 Mn) in its Series B funding in August 2025 in a round led by Japanese VC firm UNLEASH Capital Partners, with existing investor Xponentia Capital also participating. The fundraise took Zype’s total equity capital raised since inception to about $28 Mn.

As of June 30, 2026, Xponentia Opportunities Fund I and Xponentia Opportunities Fund II cumulatively held an 85.5% stake in Easy Platform. UNLEASH Capital held a 4.7% stake, while Sadana owned 3.7%.

Zype competes with consumer lending platforms such as Fibe, KreditBee, and Navi.

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