Orocorp Technologies Private
Latest round
- Series B
Last raised
- Jun 2023
Total raised
- $18M
Investors
- 4
About Orocorp Technologies Private
Based in Chennai, India, and Founded in 2020 by Parth Shah, Sreekesh Krishnan and Rakesh Mani, Orocorp Technologies Private Limited operates as a provider of gold loan platform. Orocorp Technologies Private Limited develops a platform Oro Money, which provides gold loans at an annual interest rate. The customers need to schedule an appointment and submit documents for KYC verification for the loan to be processed to the company's agent which includes ID proof such as PAN card, passport, and address proof such as driver’s license, Aadhar card, etc. The company then values the customer's jewellery using touchstone method and then transfers the money in the bank account. The company also provides access to Godrej Secunex lockers to customers to keep their gold safe.54% for less than INR 2 lakhs of loan. The company also generates revenue by charging customers annually for lockers according to the locker size chosen. Orocorp Technologies Private Limited plans to start operations in the cities of Pune and Coimbatore.
Who invested in Orocorp Technologies Private
4 investors across 2 rounds
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Questions about Orocorp Technologies Private
Who invested in Orocorp Technologies Private?
Orocorp Technologies Private has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Orocorp Technologies Private raised?
Orocorp Technologies Private has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Orocorp Technologies Private last raise money?
Orocorp Technologies Private's most recent round on record is a Series B, in Jun 2023.
What does Orocorp Technologies Private do?
Based in Chennai, India, and Founded in 2020 by Parth Shah, Sreekesh Krishnan and Rakesh Mani, Orocorp Technologies Private Limited operates as a provider of gold loan platform.
Where is Orocorp Technologies Private headquartered?
Orocorp Technologies Private is headquartered in Chennai, India.
Which VCs invest in companies like Orocorp Technologies Private?
Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at Orocorp Technologies Private's stage. Their profiles are linked below.
VCs backing financial services startups at Series B
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