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RUPEEK VALUATION
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...04 May, 2024, 08.03 AM IST- 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...04 May, 2024, 07.22 AM IST
- 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...03 May, 2024, 07.39 AM IST
- 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...15 Mar, 2024, 07.36 AM IST
- 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...15 Mar, 2024, 07.35 AM IST
- Growth stage investor Elev8 Venture Partners raises $67 millionThe fund will invest USD 10-15 million each of the money into over 10 tech-enabled but sector-agnostic companies with a valuation of USD 10...09 Aug, 2023, 04.50 PM IST
- Gold price near record high: Time to bet on Manappuram, Muthoot Finance?"We believe that the strength in gold prices will sustain in CY23 because of the expected deterioration in the broader macroeconomic indica...18 Jan, 2023, 02.06 PM IST
- Bertelsmann raises $500 million to deploy in IndiaThe growth stage-focused firm that does not have an India-dedicated fund but invests out of the parent’s balance sheet will now look to do ...28 Jun, 2022, 12.00 PM IST
- 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.07 Jun, 2022, 06.28 PM IST
- Soonicorns building up executive muscleOffer sweetened deals to draw in senior leaders amid expansion, launches and listing plans.22 Jan, 2022, 09.31 AM IST
- ETtech Deals Digest: WayCool Foods, Lead School, Refyne raise fundsAgritech startup WayCool Foods, Edtech firm Lead School and salary-on-demand platform Refyne were among the startups that raised funding th...14 Jan, 2022, 04.27 PM IST
- 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...11 Jan, 2022, 08.47 PM IST
- 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...11 Jan, 2022, 05.47 PM IST
- VC firm Accel launches Atoms programme to back early-stage startupsAccel Atoms fund will invest $250,000 in startups with an uncapped convertible, meaning the venture capital firm will not pick up a stake i...30 Aug, 2021, 06.31 PM IST
- 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...26 Feb, 2020, 11.06 AM IST
- 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...26 Feb, 2020, 10.48 AM IST
- Fynd, Innov8 angel investor makes big exits, Khatabook is his new betAnand Chandrasekaran says he looks out for long-term gains from his investments and is enthusiastic about the growing startup culture in In...08 Aug, 2019, 12.01 PM IST
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