# Rupeek Fintech Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rupeek-fintech-private

- Industry: Financial Services
- Headquarters: Bangalore, India
- Website: www.rupeek.com
- Total disclosed funding: $135M
- Latest round: Series F (Jun 25, 2024)
- Investors on record: 20

## 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.

## Funding rounds

- Series F, Jun 25, 2024, $17M — Bertelsmann India Investments, Elevation Capital
- Series F, Jul 7, 2023, $5.6M — Accel, Hong Shan, Granite Asia, Bertelsmann India Investments, Trifecta Capital, Stride Ventures, Lighthouse Canton
- Series E, Jul 18, 2022, $1.5M — Accel, Hong Shan, Bertelsmann India Investments, Z Nation Lab, Vistra ITCL, VEF, Beacon Trusteeship Limited
- Series E, Jan 13, 2022, $34M — Accel, Hong Shan, Granite Asia, KB Investment, Better Capital, Bertelsmann India Investments, Lightbox Ventures, Tanglin Venture Partners, Gemini Investments, HighSage Ventures, BTB Ventures, VEF
- Series E, Mar 24, 2021, $33M — Granite Asia, Bertelsmann India Investments, Vostok Emerging Finance, Gemini Investments, HighSage Ventures
- Series D, Jul 1, 2020, $0.2M — Better Capital
- Series C, Feb 28, 2020, $30M — Accel, Hong Shan, Granite Asia, KB Investment, Bertelsmann India Investments, Tanglin Venture Partners, BTB Ventures
- Series C, Dec 28, 2019, $3.3M — Tanglin Venture Partners
- Seed, Jun 1, 2019 — Better Capital
- Series B, Jul 5, 2018, $1.6M — Accel, Hong Shan
- Series B, Dec 21, 2017, $6.9M — Accel, Hong Shan
- Series A, Jan 25, 2017, $2M — Hong Shan

## Investors

- Hong Shan — Series A, Series B, Series C, Series E, Series F
- Accel (https://capitalatlas.ai/funds/accel) — Series B, Series C, Series E, Series F
- Better Capital — Seed, Series D, Series E
- Tanglin Venture Partners (https://capitalatlas.ai/funds/tanglin-venture-partners) — Series C, Series E
- Granite Asia (https://capitalatlas.ai/funds/granite-asia) — Series C, Series E, Series F
- KB Investment (https://capitalatlas.ai/funds/kb-investment) — Series C, Series E
- Bertelsmann India Investments (https://capitalatlas.ai/funds/bertelsmann-india-investments) — Series C, Series E, Series F
- BTB Ventures — Series C, Series E
- Vostok Emerging Finance — Series E
- Gemini Investments — Series E
- HighSage Ventures (https://capitalatlas.ai/funds/highsage-ventures) — Series E
- Lightbox Ventures (https://capitalatlas.ai/funds/lightbox-ventures) — Series E
- VEF (https://capitalatlas.ai/funds/vef) — Series E
- Z Nation Lab (https://capitalatlas.ai/funds/z-nation-lab) — Series E
- Vistra ITCL — Series E
- Beacon Trusteeship Limited — Series E
- Trifecta Capital (https://capitalatlas.ai/funds/trifecta-capital) — Series F
- Stride Ventures — Series F
- Lighthouse Canton (https://capitalatlas.ai/funds/lighthouse-canton) — Series F
- Elevation Capital — Series F