About Rupifi
Rupifi is a Financial Services company based in Bengaluru (India) founded in 2018 by Jawaid Iqbal, Ankit Singh, and Anubhav Jain. B2B credit and checkout solutions for SMEs are provided. It operates on a FinTech and Embedded Solution model. Rupifi has raised $35.99 million across 9 funding rounds from investors including Angel List, Bessemer Venture Partners and Wellfound. Rupifi was last valued at $68.68 million in February 2024. Its chief executive, as recorded, is Anubhav Jain. Its website rupifi.com draws about 15 thousand monthly visits. Its Indian entity Rupifi Technology Solutions Private Limited reported revenue of ₹24.78 Cr. Rupifi offers products and services including B2B Credit and B2B Checkout. Its focus areas include FinTech and B2B Payments. Its competitors include Razorpay, Mintoak and Pine Labs; 3 of its 3 listed competitors have raised funding.
Company details
B2B payment and credit solutions are offered by Rupifi for SMEs and marketplaces. Operations are focused on simplifying complex B2B transactions through embedded credit and checkout platforms. Services are extended to various sectors including FMCG, electronics, and general merchandise. Partnerships with major marketplaces like Walmart and Flipkart Wholesale are maintained. Flexible payment terms and instant settlements are facilitated to address working capital challenges. Advanced analytics and real-time reporting are provided for enhanced visibility. Significant growth in GMV and customer retention is achieved for partners.
- Headquarters Bengaluru, India
- Founders Jawaid Iqbal, Ankit Singh, Anubhav Jain
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website rupifi.com
- Social LinkedIn X Facebook YouTube
- Legal Name Rupifi Technology Solutions Private Limited
- Date of Incorporation 21 Jan, 2020
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹24.78 Cr
FY 2025 · -27% YoY
- Net Loss-₹22.94 Cr
FY 2025 · -93% margin
- EBITDA-₹15.51 Cr
FY 2025 · -63% margin
- Total Equity Funding$35.99M (USD)
in 9 rounds
- Latest Funding Round$1.96M (USD), Series A
Mar 2025
- InvestorsAngel List
& 29 more
Associated legal entities of Rupifi
Rupifi is associated with 5 registered companies on The Company Check; the primary company is Rupifi Technology Solutions Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Rupifi Technology Solutions Private Limited CIN U65100KA2020PTC206896 | Active | 21 Jan 2020 | Bangalore, Karnataka | ₹24.8 Cr | 225 | 4 | View details |
| Rupifi Lastmile Solutions Private Limited CIN U72900KA2022PTC167122 | Active | 17 Oct 2022 | Bangalore, Karnataka | 2 | View details | ||
| Rupifi Software Private Limited CIN U72900DL2020PTC360626 | Strike Off | 22 Jan 2020 | New Delhi, Delhi | 3 | View details | ||
| Rupifi Technology Solutions Private Limited CIN U65100DL2020PTC360550 | Active | 21 Jan 2020 | Delhi, India | View details | |||
| Rupifi Technologies Private Limited CIN U72900DL2019FTC359370 | Strike Off | 26 Dec 2019 | New Delhi, Delhi | 3 | View details |
Products & Services of Rupifi
Rupifi offers a comprehensive portfolio of products and services, including B2B Credit and B2B Checkout.
B2B credit solutions are provided for SME payments.
B2B checkout services are offered for seamless transactions.
Apps and channels of Rupifi
Rupifi publishes 1 mobile app with over 50K+ downloads.
Funding Insights of Rupifi
Rupifi has successfully raised a total of $35.99M across 9 strategic funding rounds. The most recent funding activity was a Series A round of $1.96 million completed in March 2025. 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 $35.99M
- Total Rounds 9
- Last Round Series A — $1.96M
- Investors Count 30
All 9 funding rounds of Rupifi 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 |
|---|---|---|---|---|---|
| Mar 2025 | $1.96M | Series A | – | Bessemer Venture Partners | |
| Feb 2024 | $96,990 | Series A | $68.68M | Alteria Capital | – |
| Mar 2022 | $8M | Debt – Venture | – | – | |
| Jan 2022 | $28.03M | Series A | $74.65M | Bessemer Venture Partners, Tiger Global Management | |
| Dec 2021 | Debt – Venture | – | – | ||
| Oct 2021 | Debt – Venture | – | – | ||
| Mar 2021 | $5.1M | Seed | $••••• | Quona | |
| Mar 2020 | $806,852 | Seed | $••••• | Better Capital, Angel List | |
| Jun 2018 | Seed | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2024 | $68.68M | •••••••• |
| Jan 2022 | $74.65M | •••••••• |
| Mar 2021 | $••••• | •••••••• |
| Mar 2020 | $••••• | •••••••• |
Full valuation and stage history of Rupifi
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
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $68.68M (Feb 2024). 30 investors in total: 23 institutional and 7 angel.
Investors in Rupifi
Rupifi has secured backing from 30 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Bessemer Venture Partners and Wellfound.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
Early-stage investments in digital, climate, and deep science technologies. | 2011 | ankurcapital.com | Mumbai, India | |
Venture debt funding and structured finance for innovative startups in India. | 2018 | alteriacapital.com | Mumbai, India | |
Venture debt financing is extended to companies across multiple sectors. | 2008 | innovencapital.com | Mumbai, India | |
Private debt and equity funds are managed for technology sectors. | trifectacapital.in | Gurugram, India | ||
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Fintech investments focused on financial inclusion and global economic growth. | 2015 | quona.com | ||
Early-stage companies are invested in by Better Capital. | bettercapital.vc | Santa Clara, United States | ||
Venture capital funding is provided to innovative startups in India. | qedinnovationlabs.tcc.mode | Mumbai, India | ||
Early-stage startups are invested in by MyAsiaVc venture capital fund. | myasiavc.com | Singapore, Singapore |
Investor details for Rupifi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Rupifi Technology Solutions Private Limited (Rupifi)
Rupifi Technology Solutions Private Limited is the primary company behind Rupifi. The boards of the 4 registered companies of Rupifi currently have 5 directors; the longest-serving is Mohd Jawaid Iqbal, appointed in 2019. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mohd Jawaid Iqbal DIN 08651041 | Director | 26 Dec 2019 | 6 yrs 9 mo | Rupifi Technologies Private Limited, Rupifi Technology Solutions Private Limited, Rupifi Software Private Limited, Rupifi Lastmile Solutions Private Limited |
| Ankit Singh DIN 06625312 | Director | 26 Dec 2019 | 6 yrs 9 mo | Rupifi Technologies Private Limited, Rupifi Software Private Limited |
| Anubhav Jain DIN 03458220 | Director | 26 Dec 2019 | 6 yrs 9 mo | Rupifi Technologies Private Limited, Rupifi Technology Solutions Private Limited, Rupifi Software Private Limited, Rupifi Lastmile Solutions Private Limited |
| Vishal Vijay Gupta DIN 01913013 | Director | 09 Mar 2022 | 4 yrs 7 mo | Rupifi Technology Solutions Private Limited |
| Varun Malhotra DIN 09023071 | Director | 09 Mar 2022 | 4 yrs 7 mo | Rupifi Technology Solutions Private Limited |
People of Rupifi
26 people are tracked at Rupifi (7 in leadership, 19 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
Siddharth Raghuvanshi | Director, Risk & Data Science | Leadership |
Lakhan Jain | Director | Leadership |
Shrinivas Reddy | Senior Manager - Founder’s Office, New Initiatives | Leadership |
Alekh Gupta | Head Of Growth | Leadership |
Madan Gopal Suman | Sales Team Lead | Team |
Saifulla Khan | Senior Operations Associate | Team |
Ranju K Ravindran | UX Design Lead | Team |
ROHIT PRASAD | MIS Analyst (collection) | Team |
Jitender Singh | Data Analyst | Team |
Abhay Gupta | Growth Manager 2 | Team |
Deepika Paliwal | Content Editor | Team |
Deepunj Gupta | Finance Manager | Team |
Kalyan Chakravarthy Alam | Operations Manager | Team |
Vishnu Vardhan Gunturu | Senior Software Engineer | Team |
Rishabh Kshatri | Software Engineer | Team |
RAJIV CHOUDHARY | Senior Software Engineer | Team |
Ravindra Kumar | Associate Growth Manager | Team |
6 more people are available in the full profile.
Complete people profiles for Rupifi
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Rupifi
Figures of Rupifi Technology Solutions Private Limited, the primary company behind Rupifi, for FY 2025. Revenue was ₹24.78 Cr (-27% year on year). Net loss was -₹22.94 Cr (-93% margin). EBITDA was -₹15.51 Cr (-63% margin). Revenue has grown at a compounded annual rate of +26% over three years.
- ₹24.78 CrRevenue · FY 2025 · -27% YoY
- -₹22.94 CrNet loss · -93% margin
- -₹15.51 CrEBITDA · -63% margin
- ₹16.79 CrPaid-up capital
- 225Employees (provident fund records)
- +26%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Rupifi Technology Solutions Private Limited are on its company page.
Detailed financial statements for Rupifi
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Rupifi
4 dated milestones of Rupifi across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Rupifi is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $2.0M.
Competitors of Rupifi
Rupifi has 3 listed competitors in our database, 3 of them funded. They include Razorpay, Mintoak and Pine Labs.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| razorpay.com | 2014 | Bengaluru, India | $741.62M | 2,641 | Payment and business banking solutions are provided for enterprises. | |
| mintoak.com | 2017 | Mumbai, India | $24.71M | 140 | Digital payments and engagement solutions are offered for MSMEs. | |
| pinelabs.com | 1998 | Noida, India | $1.23B | 3,780 | Omnichannel payment solutions, loyalty programs, and business tools are provided. |
Detailed competitors of Rupifi
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Verified entity values are shown only after access is granted.
Web traffic of Rupifi
The website of Rupifi (rupifi.com) receives about 14.5K visits a month.
- Monthly visits14.5K
▲ 27% vs previous month
Top companies in Alternative Lending
3 companies that operate in the same segment as Rupifi (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 Rupifi
Complete news archive for Rupifi
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Frequently Asked Questions about Rupifi
Rupifi was founded in 2018.
Rupifi is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Anubhav Jain is the CEO of Rupifi, as recorded in our data. They have also founded this company.
Rupifi is a funded company, having raised a total of $35.99M across 9 funding rounds to date.
The primary company behind Rupifi, Rupifi Technology Solutions Private Limited, reported revenue of ₹24.78 Cr for FY 2025, down 27% year on year.
B2B payment and credit solutions are offered by Rupifi for SMEs and marketplaces. Operations are focused on simplifying complex B2B transactions through embedded credit and checkout platforms. Services are extended to various sectors including FMCG, electronics, and general merchandise. Partnerships with major marketplaces like Walmart and Flipkart Wholesale are maintained. Flexible payment terms and instant settlements are facilitated to address working capital challenges. Advanced analytics and real-time reporting are provided for enhanced visibility. Significant growth in GMV and customer retention is achieved for partners.
Rupifi offers B2B Credit and B2B Checkout.
Rupifi has 30 investors. Key investors include Angel List, Bessemer Venture Partners, Wellfound, Accion, and Ankur Capital.
The valuation of Rupifi is $68.68M as of Feb 2024.
Rupifi is associated with 4 legal entities: Rupifi Technology Solutions Private Limited, Rupifi Technologies Private Limited, Rupifi Software Private Limited and others.
The legal entities of Rupifi currently have 5 directors, including Mohd Jawaid Iqbal, Ankit Singh, Anubhav Jain and others.