About Rupyo
Rupyo is a Financial Services company based in Delhi (India) founded in 2020 by Shivin Khanna and Pragun Jindal. Provider of an app-based platform for payday loans. Rupyo has raised $144.5 thousand across 1 funding round from investors including Satin Creditcare. The company has 1 employees. Rupyo was last valued at $1.09 million in December 2021. Its chief executive, as recorded, is Shivin Khanna. Its Indian entity Jay Kay Financial Technologies Private Limited reported revenue of ₹1.3 Lakh. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans.
Company details
Rupyo was founded in 2020 in Delhi, India, as a fintech provider focused on earned wage access. An app-based platform is offered to partner with employers, enabling payday loans through payroll deductions. Real-time tracking of earned pay is provided, allowing employees to request and receive approved funds directly into registered bank accounts. The application is accessible on Android and iOS devices.
- Headquarters Delhi, India
- Employees 1
- Founders Shivin Khanna, Pragun Jindal
- Stage Minicorn
- SectorsFinancial Services
- Website rupyo.in
- Social LinkedIn
- Legal Name Jay Kay Financial Technologies Private Limited
- Date of Incorporation 22 Aug, 2020
- Jurisdiction Delhi, India
- Annual Revenue₹1.3 Lakh
FY 2024 · -59% YoY
- Net Loss-₹8.9 Lakh
FY 2024 · -695% margin
- EBITDA-₹39.8 Lakh
FY 2024 · -3116% margin
- Total Equity Funding$144.5K (USD)
in 1 rounds
- Latest Funding Round$144.5K (USD), Seed
Dec 2021
- Investors
- Employee Count1
Associated legal entities of Rupyo
Rupyo operates through Jay Kay Financial Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Jay Kay Financial Technologies Private Limited CIN U72900DL2020PTC368430 | Active | 22 Aug 2020 | Delhi, Delhi | ₹0.0 Cr | 2 | View details |
Funding Insights of Rupyo
Rupyo has successfully raised a total of $144.5K through 1 strategic funding round. The most recent funding activity was a Seed round of $144.5 thousand completed in December 2021. 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 $144,502
- Total Rounds 1
- Last Round Seed — $144,502
- First Round $144,502
(Dec 2021)
- Investors Count 1
All 1 funding rounds of Rupyo 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 |
|---|---|---|---|---|---|
| Dec 2021 | $144,502 | Seed | $1.09M | Satin Creditcare | – |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2021 | $1.09M | •••••••• |
Last known valuation $1.09M (Dec 2021). 1 investors in total: 1 institutional.
Investors in Rupyo
Rupyo has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Satin Creditcare.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Micro loans for businesses are offered by this NBFC. | 1990 | satincreditcare.com | Delhi, India |
Investor details for Rupyo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Jay Kay Financial Technologies Private Limited (Rupyo)
Jay Kay Financial Technologies Private Limited is the primary company behind Rupyo. The board of Jay Kay Financial Technologies Private Limited currently have 2 directors; the longest-serving is Shivin Khanna, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shivin Khanna DIN 08402785 | Director | 22 Aug 2020 | 6 yrs 2 mo | Jay Kay Financial Technologies Private Limited |
| Pragun Jindal DIN 08175177 | Director | 22 Aug 2020 | 6 yrs 2 mo | Jay Kay Financial Technologies Private Limited |
People of Rupyo
2 people are tracked at Rupyo (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Rupyo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Rupyo
Figures of Jay Kay Financial Technologies Private Limited, the primary company behind Rupyo, for FY 2024. Revenue was ₹1.3 Lakh (-59% year on year). Net loss was -₹8.9 Lakh (-695% margin). EBITDA was -₹39.8 Lakh (-3116% margin). Revenue has grown at a compounded annual rate of -15% over three years.
- ₹1.3 LakhRevenue · FY 2024 · -59% YoY
- -₹8.9 LakhNet loss · -695% margin
- -₹39.8 LakhEBITDA · -3116% margin
- ₹25.9 LakhPaid-up capital
- -15%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Jay Kay Financial Technologies Private Limited are on its company page.
Detailed financial statements for Rupyo
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Rupyo
3 dated milestones of Rupyo across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Rupyo is founded.
- Funding First funding round of $145K.
- Milestone Reaches Minicorn status.
Top companies in Alternative Lending
3 companies that operate in the same segment as Rupyo (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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Frequently Asked Questions about Rupyo
Rupyo was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Rupyo is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Shivin Khanna is the CEO of Rupyo, as recorded in our data. They have also founded this company.
Rupyo is a funded company, having raised a total of $144.5K across 1 funding round to date. The company's 1st funding round was a Seed of $144.5K, raised on Dec 2021.
Rupyo has 1 employees.
The primary company behind Rupyo, Jay Kay Financial Technologies Private Limited, reported revenue of ₹1.3 Lakh for FY 2024, down 59% year on year.
Rupyo was founded in 2020 in Delhi, India, as a fintech provider focused on earned wage access. An app-based platform is offered to partner with employers, enabling payday loans through payroll deductions. Real-time tracking of earned pay is provided, allowing employees to request and receive approved funds directly into registered bank accounts. The application is accessible on Android and iOS devices.
Rupyo has 1 investor. Key investors include Satin Creditcare.
The valuation of Rupyo is $1.09M as of Dec 2021.
Rupyo operates through Jay Kay Financial Technologies Private Limited.
The legal entities of Rupyo currently have 2 directors, including Shivin Khanna, Pragun Jindal.