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).
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