FOUNDERS
Sumit Maniyar | Founder & CEO of Rupeek
HEADQUARTERS
Bengaluru, India
SECTOR
Digital, Services
Rupeek, India’s fastest growing gold loan brand, is disrupting traditional brick and mortar lending models as an asset-backed lending marketplace. Leveraging technology to operate with a branchless model, Rupeek passes the benefit of lower operational costs to the end customer. It’s on a mission to bring transparency in the gold loan lending space and contributing to the India growth story by monetizing India’s Trillion Dollar idle gold.
We are confident about Sumit and the team’s vision to establish Rupeek as the most trusted gold-loan brand. Powered by state-of-the-art technology and an automated asset-light supply chain, Rupeek is transforming the way gold loans are disbursed in India
Pankaj Makkar
ENGAGEMENT WITH BII
Rupeek raises $30 Mn round led by Bertelsmann India
Online gold loan platform Rupeek has raked in $30 million funding round led by Bertelsmann India Investments. The funding round, which reportedly will be completed in two tranches, witnessed the participation of existing investors Accel and Sequoia India.
