Mumbai, Feb. 20 -- Xponentia Capital-backed fintech lender Zype has mandated Unitus Capital to raise Rs.150-200 crore in primary funding, as the company looks to accelerate expansion, two people familiar with the matter said.

The proposed round comes at a time when non-banking finance companies (NBFCs) face tighter regulatory scrutiny and rising stress in unsecured lending, making fresh capital crucial to strengthen balance sheets and support calibrated growth.

"Several mid-market private equity firms or late/growth stage venture capital firms will be tapped as a part of the process. The deal is expected to be launched in the coming weeks," one of the people cited above said.

"The company is looking to double down its presence in its e...