About RupeeRedee
RupeeRedee is a company based in Gurugram (India) founded in 2018. RupeeRedee has raised $5.7 million across 3 funding rounds from investors including Digital Finance. The company has 100 employees as of April 07, 2024. RupeeRedee offers products and services including RupeeRedee App and Personal Loan Service. RupeeRedee operates in a competitive market with competitors including Kissht, Branch, Stashfin, Finnable and Money View, among others.
- Headquarter Gurugram, India
- Employees 100 as on 07 Apr, 2024
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Moneymitra It Solutions Private Limited
- Date of Incorporation 07 Oct, 2015
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
$4.59 M (USD)63.31as on Mar 31, 2023
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Net Profit
$1.5 M (USD)129.71as on Mar 31, 2023
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EBITDA
$2.03 M (USD)244.45as on Mar 31, 2023
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Total Equity Funding
$5.7 M (USD)
in 3 rounds
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Latest Funding Round
$3.5 M (USD), Series B
Jul 31, 2023
- Investors
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Employee Count
100
as on Apr 07, 2024
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Products & Services of RupeeRedee
RupeeRedee offers a comprehensive portfolio of products and services, including RupeeRedee App and Personal Loan Service.
Mobile app for instant personal loan applications and disbursal.
Service providing quick cash loans with flexible tenures and direct transfers.
People of RupeeRedee
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Funding Insights of RupeeRedee
RupeeRedee has successfully raised a total of $5.7M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $3.5 million completed in July 2023. 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.
Investors in RupeeRedee
RupeeRedee has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Digital Finance.
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Online lending services are facilitated through a digital platform.
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Investor details for RupeeRedee
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Investments & Acquisitions by RupeeRedee
Investment portfolio details for RupeeRedee
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Financial Statements - RupeeRedee
Detailed financials for RupeeRedee
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Rupeeredee Comparisons
Peer comparison for RupeeRedee
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Competitors of RupeeRedee
RupeeRedee 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 Kissht, Branch, Stashfin, Finnable and Money View, among others.
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Personal, business, and property loans are provided by Kissht.
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Branch is focused on providing faster workforce payment solutions.
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Digital lending and instant credit lines are provided to individuals.
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Online personal loans with minimal documentation are offered digitally.
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Loans, credit cards, gold investments, insurance, and UPI are provided.
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Online instant personal loans are provided to salaried professionals.
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Detailed competitors of RupeeRedee
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Latest news on Rupeeredee
Complete news archive for RupeeRedee
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Frequently Asked Questions about RupeeRedee
RupeeRedee was founded in 2018 and raised its 1st funding round 4 years after it was founded.
RupeeRedee is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Roman Aznabaev is the current CEO of RupeeRedee.
RupeeRedee is a funded company, having raised a total of $5.7M across 3 funding rounds to date.
As of Apr 07, 2024, the latest employee count at RupeeRedee is 100.
Annual revenue of RupeeRedee is $4.59M as on Mar 31, 2023.
An online platform for short-term, unsecured personal loans was established in 2018 in Gurugram, India. Credit access is facilitated for individuals needing immediate financial support through a digital application process. Necessary documentation is submitted by users to apply for loans. Operations focus on the fintech sector, serving borrowers in India with quick unsecured lending services. Leadership is provided by CEO Roman Aznabaev.
RupeeRedee's top competitors include Stashfin, Money View and LendenClub.
RupeeRedee offers RupeeRedee App and Personal Loan Service.
RupeeRedee has 1 investor. Key investors include Digital Finance.