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RUPEEK CAPITAL
Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...- The Gold Standard: How a Bootstrapped Company Outlasted Every Funded Rival in India’s Goldtech BoomAugmont Enterprises has quietly established India's most comprehensive gold platform. Unlike well-funded rivals that faltered, Augmont focu...
- Gold loan fintech companies build own loan books as RBI tightens normsGold loan fintech startups are pivoting from loan sourcing to building their own loan books due to tightened RBI regulations. Companies lik...
- Gold loan startup Rupeek eyes $50 million as core biz shinesBengaluru-based gold loan startup Rupeek is looking to raise fresh funding of $50 million, at valuations higher than its last financing rou...
- Ranjan Pai, Axis Bank may back gold loan startup RupeekClaypond Capital, Axis Bank, and new investors plan to invest in Rupeek at a reduced valuation. Investment details are being finalized, wit...
- Premji Invest eyes Nainital Bank stake; Ranjan Pai may back RupeekHappy Friday! Azim Premji’s family office is eyeing a majority stake in Bank of Baroda-owned Nainital Bank. This and more in today’s packed...
- Rupeek’s steep down round; Paytm to become third-party UPI appGold loan startup Rupeek may soon be tying up a new funding round, albeit at a lower valuation. This and more in today’s ETtech Morning Dis...
- Gold loan startup Rupeek is staring at a down roundRupeek could be staring at a cut of as much as 40-50% in its valuation. It was last valued at $600 million. A down round is where a company...
- Banks turn to gold loans on RBI stance, woo fintech companiesMore and more banks are looking to launch their own gold loan products and also looking to strike partnerships with fintechs like Indiagold...
- Rupeek lays off 200 employees amid slowdown in fundingIn a written communication to employees on Tuesday morning, Rupeek founder and chief executive Sumit Maniyar said the company had taken a “...
- Physics Wallah turns unicorn amid edtech carnage; Rupeek lays off 200Physics Wallah joined the unicorn club after raising $100 million from WestBridge and GSV amid edtech cargnage.
- Rupeek partners with NSDC to build skilled gold appraisersThe partnership is aimed at attracting young talent looking for career opportunities within India’s gold loan industry.
- Digital gold loan player Rupeek doubles loan book to Rs 7,500 cr in 2021The last fundraising was in March 2021 when it had mopped up USD 33 million at a valuation of USD 508 million from GGV Capital, Vostok Emer...
- Rupeek picks up $34 million in fresh round led by LightboxThe gold loans provider is now valued at $634 million, said a person aware of the talks. Rupeek said it would use the funds to scale furthe...
- Bertelsmann India Investments promotes Rohit Sood to partnerRohit Sood was a founding team at BII in 2012
- DocSumo raises $220 k seed funding from Better Capital, Barclays, othersDocSumo’s technology platform helps in the automation and analysis of financial data such as bank statements, pay stubs, tax data, and busi...
- Rupeek appoints Amazon’s Japan Doshi as head of product, engineering and data scienceDoshi’s appointment follows other key leaders who have joined Rupeek in the last couple of quarters as the company has been strengthening i...
- Rupeek gets $60 million led by GGV, Binny Bansal and BertelsmannThe company has partnered banks such as ICICI Bank, Karur Vysya Bank and Federal Bank to provide loans where customers can get their gold v...
- Flipkart co-founder, Binny Bansal, bets big on gold loan startup RupeekRupeek, which dispatches appraisers to prospective borrowers’ doorsteps to assess and pick up jewelry, is finding favor with Indians ashame...
- Online lending co Rupeek set to get $12 mn in early stage fundingThe company is expected to be valued at $40-45 million after the transaction, they said, adding that existing backer Sequoia Capital India ...
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