Rupeek partners with NSDC to build skilled gold appraisers

Asset-backed digital lending platform Rupeek has announced the launch of ‘Rupeek Academy’ in collaboration with the National Apprenticeship Promotion Scheme (NAPS), an initiative by NSDC.

The partnership is aimed at attracting young talent looking for career opportunities within India’s gold loan industry. With a vision to create a centre for excellence in developing and managing talent for gold appraisers, Rupeek has set up a skilling programme as part of Rupeek Academy.

On successful completion of the apprenticeship training programme, trainees will be absorbed in the firm as loan managers and awarded an apprenticeship certificate by the National Skill Development Corporation (NSDC) and the Ministry of Micro, Small, and Medium Enterprises (MSME).


The one-year comprehensive programme is part of the company's focus on developing and investing in the competency of gold appraisers, to balance the demand against the availability of talent issues that dominate this space. Further, it also aims to develop a pool of first-line doorstep loan processing officers with gold appraisal expertise and operating experience.

“The Rupeek Academy programme developed with NSDC is a first of its kind upskilling programme in the industry. With the aim of monetising India’s $2 trillion worth of gold assets, the programme is aimed at making the industry future-ready by creating a pool of first-level loan processing officers with expertise in gold appraisal and operational knowledge. With the endorsement certificates from NSDC and the MSME Ministry, we hope to make gold appraisers a mainstream career option,” said Anand Raj, senior vice-president - operations.

Designed by a team of growth hackers and industry experts, the programme not only aims to deliver gold appraisal skills and knowledge, but also covers the methods, systems, regulations, and compliance frameworks that are employed in day-to-day operations for gold appraisers in India.
Rupeek is currently present in 40+ cities and its investors include Sequoia Capital, Accel Partners, Bertelsmann, GGV Capital, VEF, and Lightbox.