Rupeek’s $60 Million Funding Round

Rupeek's $60 Million Funding Round

Khaitan & Co advised Bertelsmann Nederland B.V. in the round investment.

Rupeek Fintech Pvt. Ltd raised $60 million across two rounds.

Rupeek Fintech Private Limited operates as a software development company. The Company provides an application for consumer finance which helps to lend and borrow loans, as well as transferring facilities.

The new investors include Flipkart co-founder Binny Bansal and GGV Capital, a backer of China’s Alibaba and Didi Chuxing, besides Tanglin Venture Partners and KB Investments. Existing investors, Sequoia and Accel also participated in the rounds.

The Khaitan & Co team was led by Partner Mayank Singh (Picture), Sanchit Agarwal (Principal Associate) and Abin Francis (Associate).

Involved fees earner: Sanchit Agarwal – Khaitan & Co.; Abin Francis – Khaitan & Co.; Mayank Singh – Khaitan & Co.;

Law Firms: Khaitan & Co.;

Clients: Bertelsmann Nederland B.V.; Tanglin Venture Fund ;

Author: Michael Patrini