Rupeek Fintech Private Limited
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Rupeek Fintech Private Limited - overview
Established
2015
Location
Bangalore, -, India
Primary Industry
Financial Services
About
Founded in 2015 and based in Bangalore, India, Rupeek Fintech Private Limited provides an online platform for customers' lending and money transfer transactions. The company also offers gold loans which customers can apply for online. Rupeek primarily operates within India, providing its services across numerous cities. The company leverages partnerships with trusted banks to securely store gold at bank branches nationwide.
Rupeek was founded by IIT alumnus Sumit Maniyar. In June 2024, Rupeek Fintech Private Limited raised INR 1250 million in venture funding from new investor Elevation Capital. Rupeek offers several key products and services centered around gold loans -- Online Gold Loans (a digital platform for obtaining gold loans with a low-interest rate), Loan Customization, Loan Shifting (existing gold loans from other providers can be transferred to Rupeek) and Repayment. Rupeek generates revenue through interest on the gold loans it provides.
Additional revenue comes from processing fees and other related financial services.
Current Investors
Hong Shan, Accel, Bertelsmann India Investments
Primary Industry
Financial Services
Sub Industries
e-Financial, Consumer Finance, Accounting/Finance Software
Website
www.rupeek.com
Verticals
FinTech, FinTech, FinTech, FinTech, FinTech, Mobile Apps
Company Stage
Series F
Total Amount Raised
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