About Rupid
Rupid is a company based in Hyderabad (India) founded in 2022 by Karishma Chowdary, P C Varma, and Gowtham Alluri. It operates as a FinTech and Subscription Services. Rupid has raised $120 thousand across 1 funding round from investors including We Founder Circle, EvolveX and Beej Network. The company has 1 employees as of April 07, 2024. Rupid offers products and services including Earned Wage Access (EWA) and Rupid App. Rupid operates in a competitive market with competitors including Tremendous, Finjinn, Vrddi, Goodbits and Upsolv, among others.
- Headquarter Hyderabad, India
- Employees 1 as on 07 Apr, 2024
- Founders Karishma Chowdary, P C Varma, Gowtham Alluri
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Sectors
TechnologyFinancial 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 Rupid Technology Labs Private Limited
- Date of Incorporation 01 Jul, 2022
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$120 K (USD)
in 1 rounds
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Latest Funding Round
$120 K (USD), Seed
Jul 01, 2023
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Investors
We Founder Circle
& 3 more
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Employee Count
1
as on Apr 07, 2024
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Products & Services of Rupid
Rupid offers a comprehensive portfolio of products and services, including Earned Wage Access (EWA) and Rupid App.
Earned wages are accessed before payday by employees.
Financial wellness is provided through this workforce app.
People of Rupid
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Funding Insights of Rupid
Rupid has successfully raised a total of $120K through 1 strategic funding round. The most recent funding activity was a Seed round of $120 thousand 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 Rupid
Rupid has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include We Founder Circle, EvolveX and Beej Network.
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Accelerator program offering mentorship, funding, and network access to early-stage startups.
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Early-stage startups are supported by sector-agnostic studio PedalStart.
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Potato farming, grain marketing, and equipment services are provided in Maine.
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Investor details for Rupid
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Investments & Acquisitions by Rupid
Investment portfolio details for Rupid
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Financial Statements - Rupid
Detailed financials for Rupid
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Rupid Comparisons
Peer comparison for Rupid
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Competitors of Rupid
Rupid 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 Tremendous, Finjinn, Vrddi, Goodbits and Upsolv, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of rewards and financial benefits management platform for enterprises
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Offers an employee payroll management platform for businesses.
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A tech-enabled solution for employee financial wellness in organizations.
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Digital coupons and tax benefits solutions
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Provides income protection plans to individuals against job loss and layoffs.
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Detailed competitors of Rupid
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Latest news on Rupid
Complete news archive for Rupid
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Frequently Asked Questions about Rupid
Rupid was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Rupid is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Gowtham Alluri is the current CEO of Rupid. They have also founded this company.
Rupid is a funded company, having raised a total of $120K across 1 funding round to date.
As of Apr 07, 2024, the latest employee count at Rupid is 1.
Earned Wage Access (EWA) solutions are offered by Rupid to enable employees to access their earned wages before payday. Financial stress is reduced, and productivity is enhanced through this service. The Rupid App is utilized to promote financial wellness among the workforce. Integration with employer HRMS systems is supported, ensuring compliance with RBI regulations. Data security and privacy are prioritized with ISO 27001 certification. The focus is placed on improving employee engagement, retention, and talent acquisition for employers in the financial services sector.
Rupid's top competitors include Vrddi, Tremendous and Goodbits.
Rupid offers Earned Wage Access (EWA) and Rupid App.
Rupid has 4 investors. Key investors include We Founder Circle, EvolveX, Beej Network, and PedalStart.