New Delhi, July 15 -- The founder of an Indian fintech unicorn has claimed that a leading private bank turned down his home loan application because he was classified as a "high-risk" borrower due to his status as an entrepreneur.

Pravin Jadhav, founder and CEO of Raise Financial Services, shared the experience on X, highlighting what he described as the irony of the decision. According to Jadhav, the same bank had previously honoured him as a leading fintech innovator.

"Founder's life is hard! My home loan application got rejected by a top private bank - just because I am a founder," Jadhav wrote.

Raise, the parent company of stock trading platform Dhan, entered the unicorn club after securing $120 million in a Series B funding round ...