Archive · 13 Sep 2026
Zeta Targets Global Profitability as Overseas Business Scales
Zeta makes software that helps banks run services such as cards, payments, and digital banking.
The company wants its business outside India to become profitable for the whole of FY27.
It has already had some profitable quarters globally.
Its India business has been profitable for more than three years.
Most of Zeta’s revenue comes from the United States, while India remains important to its growth plans.
Zeta spends a lot of time and money setting up technology for large banks.
After the systems start working, revenue can increase as more customers use them.
The company also thinks banks will need new tools for artificial-intelligence agents and customer-data permissions.
Zeta is targeting full-year profitability in its global business in fiscal 2027.
The company has reported several operationally profitable quarters globally, while its India business has been profitable for more than three years.
Zeta generates more than $100 million in annual revenue, with about 75-80% from the US and 20-25% from India.
Its revenue typically scales after lengthy sales and implementation cycles, as customers add users and transaction volumes.
Zeta sees agentic commerce and Digital Personal Data Protection requirements as potential growth opportunities for its banking technology platform.
- Who
- Zeta, its co-founder and chief technology officer Ramki Gaddipati, and Zeta India president Sivaram Kowta.
- What
- Zeta is targeting full-year profitability in its global business in FY27 while expanding large banking-technology partnerships and new product opportunities.
- When
- The target is for fiscal year 2027; executives discussed it recently at the Global Fintech Fest.
- Where
- Zeta’s business spans the United States and India, with the comments made in Mumbai.
- Why
- Zeta expects revenue to scale as long-standing customer implementations go live and users and transaction volumes increase.
- FY27 target
- Full-year profitability for Zeta’s global business.
- Annual revenue
- More than $100 million.
- Revenue mix
- Approximately 75-80% from the US and 20-25% from India.
- India profitability
- The India business has been profitable for more than three years.
- Recent funding
- Zeta raised $50 million from Optum at a $2 billion valuation.
- Founded
- Zeta was founded in 2015 by Bhavin Turakhia and Ramki Gaddipati.
- Growth areas
- Agentic commerce and technology supporting Digital Personal Data Protection requirements.