About RupeePower
RupeePower is a company based in Gurugram (India) founded in 2011 by Ashish Chandra and Yashasvi Mohan Ram was acquired by Snapdeal in March 2015.. The company has 5 employees as of April 07, 2024. RupeePower operates in a competitive market with competitors including Perfios, Hyperface, Ascend Capital, Cloud Lending and iServeU, among others.
- Headquarter Gurugram, India
- Employees 5 as on 07 Apr, 2024
- Founders Ashish Chandra, Yashasvi Mohan Ram
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Tetra Media Private Limited
- Date of Incorporation 30 Apr, 2009
- Jurisdiction Gurugram, Haryana, India
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Funding Insights of RupeePower
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in RupeePower
RupeePower has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Snapdeal. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Discounted products across multiple categories are sold online.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by RupeePower
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - RupeePower
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Rupeepower Comparisons
Competitors of RupeePower
RupeePower operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Perfios, Hyperface, Ascend Capital, Cloud Lending and iServeU, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provides financial technology solutions for data analysis and verification globally.
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Provider of platform for launching and managing credit card programs
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Provider of financing solutions for electric vehicles
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A cloud-based lending platform is provided for financial institutions.
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Financial infrastructure platform is offered for banking and remittance services.
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Provider of a platform for lending as a service management
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Rupeepower
Frequently Asked Questions about RupeePower
When was RupeePower founded?
RupeePower was founded in 2011.
Where is RupeePower located?
RupeePower is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of RupeePower?
Yashasvi Mohan Ram is the current CEO of RupeePower. They have also founded this company.
How many employees does RupeePower have?
As of Apr 07, 2024, the latest employee count at RupeePower is 5.
What is the annual revenue of RupeePower?
Annual revenue of RupeePower is $401.78K as on Mar 31, 2023.
What does RupeePower do?
RupeePower was founded in 2011 in Gurugram, India, as a fintech platform focused on loan comparisons. Personalized offers for loans and credit cards from over 15 lenders across more than 67 products are provided to users. Loans worth INR 1500 crore were disbursed in FY 2015. A 60 stake was acquired by Snapdeal in April 2015, though founders retained majority ownership by August 2016.
Who are the top competitors of RupeePower?
RupeePower's top competitors include Perfios, Niro and Ascend Capital.
Who are RupeePower's investors?
RupeePower has 1 investor. Key investors include Snapdeal.