New Delhi, Oct. 9 -- Bhavin Turakhia-led software startup Zeta is onboarding newer banking partners to digitise their services after piloting its end-to-end banktech model with HDFC Bank Ltd in India last year.

The company, valued at $2 billion, expects to onboard two large banks by mid-2026, Turakhia told Mint in an interview, along with co-founder Ramki Gaddipati, on the sidelines of the Global Fintech Fest on Thursday. "Our team is in active conversations with around 39 to 40 of the top banks in India. That's where we're spending about 90% of our effort. We expect to sign a couple of new deals early to mid next year."

The conversations mainly span product areas such as credit cards, credit lines on UPI, debit cards, UPI switch, and U...