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RUPEEK FINTECH
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 startups find new shine; Infy Q4 profit jumpsHappy Friday! Gold loan fintechs are moving towards building their own loan books. This and more in today's ETtech Morning Dispatch.
- 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...
- 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...
- A week of hits and misses in fintech; and other top tech, startup storiesHi, this is Pratik Bhakta in Bengaluru. It’s been a busy news week for us here at ETtech covering some of the most important stories in the...
- 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...
- RBI cautions banks on gold loan disbursals through fintech startupsRBI cautions banks on gold loan disbursement concerns through fintechs like Rupeek, IndiaGold, and Oro Money. Banks evaluating next steps p...
- 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...
- 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 “...
- Top ecommerce companies, startups step up campus hiring at B-schoolsPlacement cells at management schools, including the Indian Institutes of Management at Kozhikode and Indore, Symbiosis Institute of Busine...
- Fintech startup IppoPay raises $2.1 million from Coinbase Ventures, Better Capital, othersThe startup looks to use the fresh capital to further strengthen its technology stack, including its payments engine, and power its growth ...
- Hyperface gets funding from Cred founder Kunal Shah, othersFounded in February 2021 by Juspay’s former Chief Technology Officer RV Ramanathan and banker-turned-entrepreneur Aishwarya Jaishankar, Hyp...
- Rupeek Fintech is India’s fastest growing tech startup, Deloitte findsRupeek Fintech, with its three-year revenue growth of 7,295%, has topped Deloitte Touche Tohmatsu India’s Tech Fast 50 India 2020 programme.
- Indiagold looks to pilot lending against digital goldIndiagold, a gold loans startup, hopes to get RBI’s approval for scaling up the offering by leveraging its refinery partners to create real...
- 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...
- Rupeek gets $30 million from Bertelsmann, Accel, SequoiaThe funding will be used for product development and market expansion.
- 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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