Rupeek in talks for a funding round with Manipal's Ranjan Pai and Axis Bank to develop a doorstep gold loan facility
Round Type
Debt Financing
BengaluruFinancial ServicesInvestors
Description
Rupeek, a Bengaluru-based gold loan startup, is reportedly in talks with Manipal Group chairman Ranjan Pai’s investment office Claypond Capital and private sector lender Axis Bank for a funding round. The investment aims to develop a doorstep gold loan facility for Axis Bank customers.
Quick answer
Rupeek raised an undisclosed amount in a Debt Financing round, dated May 3, 2024. Investors: Axis Bank and Ranjan Pai. Rupeek is based in Bengaluru, Karnataka, India.
- How much did Rupeek raise?
- Rupeek raised an undisclosed amount in a Debt Financing round on May 3, 2024.
- Who invested in Rupeek?
- Axis Bank and Ranjan Pai are named as investors in this round.
- Where is Rupeek based and how big is it?
- Rupeek is based in Bengaluru, Karnataka, India.
Source: Fundz verified event record.
Who else raised in Financial Services around the same time
Companies in the same sectors as Rupeek that raised within 45 days of this round, from Fundz verified event records.
- Slice raised $20M (Debt Financing) on June 15, 2024.
- Spiko raised $4.3M (Pre-Seed) on June 14, 2024.
- CleverCards raised $8.6M on June 14, 2024.
- BayaniPay raised $3M (Seed) on June 13, 2024.
- AccountsIQ raised $65M (Series C) on June 13, 2024.
- Aidentified raised $13M (Series B) on June 12, 2024.
Who to call at Rupeek, and when
A new round usually means Rupeek is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Rupeek raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Rupeek, from your own LinkedIn network
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Fundz sees it the moment Rupeek raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Rupeek raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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