About Rupee Circle
Rupee Circle is a Financial Services company based in Delhi (India) founded in 2017. Investors are connected with borrowers via a P2P lending platform. Rupee Circle has raised $1.27 million across 7 funding rounds from investors including Mahindra Finance, Anuj Jain and Sushanta Chowdhury. Rupee Circle was last valued at $8.5 million in November 2019. Its focus areas include FinTech, Alternative Lending, Online Lenders and Diversified. Its legal entity in India is Aapca Demystifying Data Technologies Private Limited (U74999MH2018PTC304137). Its competitors include i2i and TrillionLoans; 2 of its 2 listed competitors have raised funding.
Company details
Rupee Circle was founded in 2017 in Delhi, India, as a peer-to-peer lending platform in the fintech sector. Borrowers are enabled to register and submit loan requirements after providing basic information. A proprietary credit scoring model is applied, assessing factors like credit history, financial stability, and behavioral patterns. Approved loans are funded by investors, with proceeds transferred directly to borrowers bank accounts.
- Headquarters Delhi, India
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website rupeecircle.com
- Social LinkedIn X Facebook Instagram
- Legal Name Aapca Demystifying Data Technologies Private Limited
- Date of Incorporation 12 Jan, 2018
- Annual Revenue₹7,402
FY 2022 · -100% YoY
- Net Loss-₹7.5 Lakh
FY 2022 · -10085% margin
- EBITDA-₹7.5 Lakh
FY 2022 · -10085% margin
- Total Equity Funding$1.27M (USD)
in 7 rounds
- Latest Funding Round$84.95K (USD), Angel Round
Nov 2019
- InvestorsMahindra Finance
& 44 more
Associated legal entities of Rupee Circle
Rupee Circle operates through Aapca Demystifying Data Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Aapca Demystifying Data Technologies Private Limited CIN U74999MH2018PTC304137 | Active | 12 Jan 2018 | Mumbai, Maharashtra | ₹0.0 Cr | 28 | 6 | View details |
Apps and channels of Rupee Circle
Rupee Circle publishes 1 mobile app with over 5K+ downloads.
Funding Insights of Rupee Circle
Rupee Circle has successfully raised a total of $1.27M across 7 strategic funding rounds. The most recent funding activity was a Angel Round of $84.95 thousand completed in November 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.27M
- Total Rounds 7
- Last Round Angel Round — $84,952
- First Round $248,372
(May 2018)
- Investors Count 45
All 7 funding rounds of Rupee Circle with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2019 | $84,952 | Angel Round | $8.5M | Anuj Jain, Sushanta Chowdhury | |
| Sep 2019 | $140,895 | Seed | $6.96M | Mahindra Finance | – |
| May 2019 | $180,326 | Angel Round | $••••• | Abhishek Ranjan, Saurav Prakash | |
| Apr 2019 | Seed | – | Bharat Inclusion Initiative | – | |
| Apr 2019 | $35,960 | Angel Round | $••••• | Bharti Mehta, Kamal Kataria | – |
| Jul 2018 | $584,460 | Seed | $••••• | Mahindra Finance | – |
| May 2018 | $248,372 | Angel Round | $••••• | Dharmichand Mulewa |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2019 | $8.5M | •••••••• |
| Sep 2019 | $6.96M | •••••••• |
| May 2019 | $••••• | •••••••• |
| Apr 2019 | $••••• | •••••••• |
| Jul 2018 | $••••• | •••••••• |
| May 2018 | $••••• | •••••••• |
Full valuation and stage history of Rupee Circle
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
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Verified entity values are shown only after access is granted.
Last known valuation $8.5M (Nov 2019). 45 investors in total: 2 institutional and 43 angel.
Investors in Rupee Circle
Rupee Circle has secured backing from 45 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Mahindra Finance, Anuj Jain and Sushanta Chowdhury.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups across sectors are accelerated through targeted support initiatives. | bharatinclusion.ciie.co | Ahmedabad, India | ||
Consumer and SME loans are provided by Mahindra Finance. | 1991 | mahindrafinance.com | Mumbai, India | |
AJ Anuj Jain | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_0c3fe2c019be4e5d8 | ||
SC Sushanta Chowdhury | unknown_964d8afd939e4f5b9 | |||
SR Sankar Rajan | unknown_535e74aa1a814613a | |||
NJ Nitish Jain | unknown_50038ce1d54c426fb | |||
MA Manish Agarwal | Founder of Nazara Technologies, prominent angel investor in Indian startups | unknown_32ab39fd6fe44a578 | ||
KK Komal Karani | unknown_280460425611459db | |||
DG Dhiraj Gyani | unknown_9f71ecffc7054c55a | |||
SP Simran Prabhani | unknown_3889850c4821415ab |
Investor details for Rupee Circle
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Aapca Demystifying Data Technologies Private Limited (Rupee Circle)
Aapca Demystifying Data Technologies Private Limited is the primary company behind Rupee Circle. The board of Aapca Demystifying Data Technologies Private Limited currently have 6 directors; the longest-serving is Ashish Mehta, appointed in 2018. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ashish Mehta DIN 07747658 | Director | 12 Jan 2018 | 8 yrs 9 mo | Aapca Demystifying Data Technologies Private Limited |
| Kanta Kumari DIN 07815785 | Director | 12 Jan 2018 | 8 yrs 9 mo | Aapca Demystifying Data Technologies Private Limited |
| Piyush Saurabh DIN 07974505 | Director | 12 Jan 2018 | 8 yrs 9 mo | Aapca Demystifying Data Technologies Private Limited |
| Abhishek Mahendra Gandhi DIN 06952806 | Director | 12 Jan 2018 | 8 yrs 9 mo | Aapca Demystifying Data Technologies Private Limited |
| Ajit Kumar DIN 07526133 | Director | 12 Jan 2018 | 8 yrs 9 mo | Aapca Demystifying Data Technologies Private Limited |
| Dineshkumar Mehta DIN 08455823 | Director | 28 May 2019 | 7 yrs 4 mo | Aapca Demystifying Data Technologies Private Limited |
Financials of Rupee Circle
Figures of Aapca Demystifying Data Technologies Private Limited, the primary company behind Rupee Circle, for FY 2022. Revenue was ₹7,402 (-100% year on year). Net loss was -₹7.5 Lakh (-10085% margin). EBITDA was -₹7.5 Lakh (-10085% margin). Revenue has grown at a compounded annual rate of -87% over three years.
- ₹7,402Revenue · FY 2022 · -100% YoY
- -₹7.5 LakhNet loss · -10085% margin
- -₹7.5 LakhEBITDA · -10085% margin
- ₹3 LakhPaid-up capital
- 28Employees (provident fund records)
- -87%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Aapca Demystifying Data Technologies Private Limited are on its company page.
Detailed financial statements for Rupee Circle
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Rupee Circle
4 dated milestones of Rupee Circle across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Rupee Circle is founded.
- Funding First funding round of $248K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $85K.
Competitors of Rupee Circle
Rupee Circle has 2 listed competitors in our database, 2 of them funded. They include i2i and TrillionLoans.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| i2ifunding.com | 2015 | Noida, India | $934,120 | 33 | Borrowers are connected with investors through P2P lending services. | |
| trillionloan.com | 2018 | Mumbai, India | $529,762 | 104 | Gold loans are facilitated via an online consumer marketplace. |
Detailed competitors of Rupee Circle
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Rupee Circle
The website of Rupee Circle (rupeecircle.com) receives about 9K visits a month.
- Monthly visits9K
▼ 12.7% vs previous month
Websites whose visitors overlap most with Rupee Circle. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
faircent.in | faircent.in | 100% | #716,315 | – | |
| singledebt.in | 97% | 51.2K | #419,232 | View details | |
settleloan.in | settleloan.in | 92% | #4,695,460 | – | |
| freed.care | 85% | 98.6K | #325,705 | View details | |
| buddyloan.com | 78% | 198.4K | #189,986 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Rupee Circle
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 8 similar websites
- Audience overlap
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Verified entity values are shown only after access is granted.
Top companies in Alternative Lending
3 companies that operate in the same segment as Rupee Circle (Alternative Lending) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 106.45 M | 2,161 |
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Related news about Rupee Circle
Complete news archive for Rupee Circle
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Frequently Asked Questions about Rupee Circle
Rupee Circle was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Rupee Circle is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Rupee Circle is a funded company, having raised a total of $1.27M across 7 funding rounds to date. The company's 1st funding round was a Angel Round of $248.37K, raised on May 2018.
The primary company behind Rupee Circle, Aapca Demystifying Data Technologies Private Limited, reported revenue of ₹7,402 for FY 2022, down 100% year on year.
Rupee Circle was founded in 2017 in Delhi, India, as a peer-to-peer lending platform in the fintech sector. Borrowers are enabled to register and submit loan requirements after providing basic information. A proprietary credit scoring model is applied, assessing factors like credit history, financial stability, and behavioral patterns. Approved loans are funded by investors, with proceeds transferred directly to borrowers bank accounts.
Rupee Circle's top competitors include i2i and TrillionLoans.
Rupee Circle has 45 investors. Key investors include Mahindra Finance, Anuj Jain, Sushanta Chowdhury, Sankar Rajan, and Nitish Jain.
The valuation of Rupee Circle is $8.5M as of Nov 2019.
Rupee Circle operates through Aapca Demystifying Data Technologies Private Limited.
The legal entities of Rupee Circle currently have 6 directors, including Ashish Mehta, Kanta Kumari, Dineshkumar Mehta and others.
Yes. Rupee Circle publishes RupeeCircle Max, with over 5,000 downloads.