Rupeek Secures $15 Million in Funding to Revolutionize Gold Loans in India

Rupeek, India's leading asset-backed digital lending fintech platform, recently announced a successful funding round raising $15 million. The company is on a mission to provide fair and convenient access to credit for Indians through innovative financial products that leverage the country's vast $2 trillion gold market. Rupeek's cutting-edge technology and streamlined supply chain are revolutionizing the gold loan landscape in India, creating low-risk, friction-free solutions for borrowers. With a strong presence in over 60 cities and more than 500,000 customers served, Rupeek is poised for further growth and expansion. The funding will be used to fuel the company's ambitious growth plans and solidify its position as a key player in the digital lending space. Notable investors in Rupeek include Sequoia Capital, Accel Partners, Bertelsmann, and GGV Capital, reflecting confidence in the company's vision and potential. To learn more about Rupeek's innovative approach to monetizing gold, visit their website for more information.