RedCarpet is a startup that helps people make finance online purchases - including travel tickets and restaurant bills - which can be repaid in interest-free installments.

Basic Information

RedCarpet is a fintech startup that helps college students pay for their online purchases, including travel tickets and restaurant bills. Leveraging data science, AI and machine learning techniques to assess the creditworthiness of its target group, it provides instant credit through partnerships with traditional banks and other financial institutions. Students can start off instantly by downloading the app and uploading the required verification documents including photo and college ID. Using the chat feature on the app, they can either paste the link to the order or simply post a screenshot of the same. RedCarpet will pay for the product, which users' can repay in interest-free installments if paid off within a month. RedCarpet has partnered with a number of e-commerce and internet-based companies including Amazon, Flipkart, Paytm, Snapdeal, Book My Show, IRCTC, Make My Trip and Zomato. See more

Legal Name

:

Redcarpet Tech Private Limited

Headquarters

:

New Delhi, Delhi, India

Founding Date

:

2015

No. of Employees

:

101 to 150

Core Team

:
1.

Abhay Tamaria

Co-Founder

2.

Kartik Venkataraman

Co-Founder & CEO

3.

Sandeep Srinivasa

Co-Founder

Funding

Total Funding

$6.6M

Investors

:

1.

Justin Kan

2.

Google Launchpad Accelerator

3.

Y Combinator

See More