RupeeRedee is a digital platform that helps customers borrow money for their needs at the click of a button.

Basic Information

RupeeRedee is a new-age digital lending platform that leverages state-of-the-art technology and data sciences to make lending safe, quick and hassle-free for India’s massive population of underserved customers. RupeeRedee operates with its captive FincFriends in the background to facilitate instant personal loans. RupeeRedee started its operations in 2018 with an aim to position itself as a ‘Lender for All’ by offering lending products to various customer segments commensurate to risk profile. RupeeRedee also has a captive NBFC, FincFriends Private Limited which is one of the first 100% digital NBFCs registered with RBI. RupeeRedee operates only with FincFriends in the background to facilitate short-term personal loans coupled with PhyGital, POS and LaaS. They have deployed various forms of underwriting including alternate data sources and is not restricted to credit score-based underwriting only. See more

Legal Name

:

MoneyMitra IT Solutions Private Limited

Headquarters

:

Gurugram, Haryana, India

Business Model

:

B2C 

Founding Date

:

2018

No. of Employees

:

41 to 60

Core Team

:
1.

Artem Andreev

Country head

2.

Amit Vegad

Head: Legal & Compliance

3.

Arjun Passi

VP-Business & Strategy

See More

Funding

Total Funding

$7.0M

Investors

:

1.

Digital Finance International

2.

Eclear Leasing & Finance

Detail Round Breakdown

Round 1

$1.1M

Series Name

:

SERIES-B

Date

:

1st Mar 2022

Investors

:
1.

Digital Finance International