Rupifi Flipkart India 25m Singh: Rupifi is an online offering platform for business loans. It also offers SME loans, working capital, and more. Loans on credit scores. Somebody can Repayment of loans via credit/debit cards and bank transfers.
It works with more than two dozen business-to-business marketplaces, including Walmart, Flipkart, and Jumbotail, to help their merchant partners, many of whom are mom-and-pop shop workers with working credit capital ranges from ₹10,000 ($135) to ₹10,000,00 ($13,500) Rupees.
As you wanted to know more about Rupifi raises 25 million payment from B2B payment platform in India here the link is given you can follow Rupifi raises B2B.
Rupifi Flipkart India 25m Singh
A Report by TechCrunch has revealed. B2B payment FinTech Rupifi has raised $25m in recent funding round co-led by Tiger Global and Bessemer project Partners. Existing nominees Quona Capital and Ankur capital also took part. India-based Rupifi has designed software to update buy now, pay later services on digital B2B platforms. The platform also provides upcoming payment reminders and the user with credit line statements, as found in 2020. Rupifi also works with more than two dozen business2business marketplaces, including Walmart, Flipkart, and Jumbotail, to serve their merchant partners.
The company strives to improve supplier access to capital in India. The funds were from Alteria Capital and angel investor Gokul Rajaram. As part of the deal, Rupifi said it wanted to extend its product reach to help more small businesses operating on a business2business front; Rupifi raised $1m in a debt and equity funding round.
It mostly works with nonbanking financial companies to produce the necessary asset, and also it has provided credit to more than 50,000 sellers. So, the company examine the partner marketplace’s information for its underwriting to determine who should get working capital and how much.
The setup told TechCrunch that the new tranche concludes its Series B round, which started in 2019 with a tranche of $ 12.7 million. And it ended up raising about $44 million in the series B round. The date has combined about $54 million in equity investment also set up the publication.
We have had the experience of working with more than a hundred B2B. Rupifi examines the partner marketplace’s data for its underwriting, determining who should get working capital and how much. The firm, which generally works with nonbanking financial companies to find essential assets. And also has secured credit for more than 50,000 sellers. Last year, Rupifi joined forces with Flipkart Wholesale on an embedded buy now, pay later (BNPL) project. Micro, small and medium-sized businesses (MSMEs) they use Flipkart’s eCommerce platform.
Also we can get to know more about the Flipkart Wholesale partner with Rupifi@ the given link Rupifi TechCrunch.
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