RupeeRedee - About the company
RupeeRedee is a series B company based in Gurugram (India), founded in 2018 by Jitin Bhasin. It operates as a Provider of online platform for short-term, unsecured personal loans. RupeeRedee has raised $5.7M in funding from Digital Finance. The company has 272 active competitors, including 44 funded and 7 that have exited. Its top competitors include companies like Tala, Finnable and axio.
Company Details
Provider of online platform for short-term, unsecured personal loans. The platform facilitates access to credit for individuals requiring immediate financial assistance. Users can apply for loans by providing necessary documentation through the application.
- Website
- rupeeredee.com
- Social
- Email ID
- *****@rupeeredee.com
- Phone Number
- +91 **********
- Registered Address
- 7th Floor, Vatika Triangle, Mehrauli-Gurgaon Road, Block B, Sushant Lok Phase I, Gurgaon, Gurugram, Haryana, India, 122002
Key Metrics
Founded Year
2018
Location
Gurugram, India
Stage
Series B
Total Funding
$5.7M in 3 rounds
Latest Funding Round
Investors
Ranked
8th among 272 active competitors
Annual Revenue
₹158Cr as on Mar 31, 2025
Employee Count
220 as on Aug 31, 2025
Legal entities associated with RupeeRedee
RupeeRedee is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MONEYMITRA IT SOLUTIONS PRIVATE LIMITED CIN: U67100HR2015PTC068942 , India, Active | Oct 07, 2015 | $18.7M (As on Mar 31, 2025) | 220 (As on Aug 31, 2025) |
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RupeeRedee's funding and investors
RupeeRedee has raised a total funding of $5.7M over 3 rounds. Its first funding round was on Mar 2022. Its latest funding round was a Series B round on Jul 31, 2023 for $*****. 1 investor participated in its latest round. RupeeRedee has 1 institutional investor.
Here is the list of recent funding rounds of RupeeRedee:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 31, 2023 | 8211055 | Series B | 6213827 | 5178237 | 1397905 | 2018922 |
Sep 06, 2022 | 3375533 | Series B | 4065765 | 8390467 | 6693449 | 7242653 |
Mar 2022 | 4875460 | Series B | 6290099 | 1012139 | 9360630 | 4302136 |
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RupeeRedee's founders and board of directors
Founder? Claim ProfileThe founders of RupeeRedee is Jitin Bhasin.
Here are the details of RupeeRedee's key team members:
- Jitin Bhasin: Former Founder of RupeeRedee and founder of 2 other companies, FincFriends and SaveIN. They serve on the boards of 2 companies.
RupeeRedee's Board of Directors
RupeeRedee's board has 5 active members. Jitin Bhasin and Ajaya Kumar Sahoo are part of team and Artem Andreevich Andreev, Sergey Golets and Vladimir Kudryashov are independent board members.Here is the list of RupeeRedee's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
mfffwhg | Team | - | Past | 8y 9m |
{vsisjv | Team | - | Current | 2y 7m |
Independent board member | - | Current | 5y 2m | |
spkkllf | Independent board member | - | Current | 9y 7m |
kgzmhbr | Independent board member | - | Past | 8y 1m |
gapk{ng | Independent board member | - | Past | 9y 9m |
mvpauzw | Independent board member | - | Past | 7y 6m |
pppobgk | Independent board member | - | Past | 9y 3m |
vvqeser | Independent board member | - | Past | 7y 2m |
jdohnya | Independent board member | - | Past | 7y 7m |
mbaikua | Independent board member | - | Past | 2y 7m |
noj{sxu | Independent board member | - | Past | 9y 2m |
aofpiwu | Independent board member | - | Past | 5y 3m |
View details of RupeeRedee's Founder profiles and Board Members
RupeeRedee's employee count trend
RupeeRedee has 220 employees as of Aug 25. The total employee count is 33.0% more than what it was in Aug 24. Here is RupeeRedee's employee count trend over the years:
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RupeeRedee's Competitors and alternates
Top competitors of RupeeRedee include Tala, Finnable and axio. Here is the list of Top 10 competitors of RupeeRedee, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Tala 2011, Santa Monica (United States), Series E | Provider of a platform offering credit and digital financial services | $346M | 79/100 | |
2nd | Platform offering online personal loans with minimal documentation | $90.2M | 79/100 | ||
3rd | Provider of an online lending platform offering point of sale financing | $206M | 75/100 | ||
4th | Provider of digital lending and instant credit line solutions for individuals | $115M | 75/100 | ||
5th | LendenClub 2015, Mumbai (India), Series A | Developer of a P2P lending platform for personal loans | $11.9M | 72/100 | |
6th | A personal loan and financial solutions provider | $49.5M | 72/100 | ||
7th | Provider of personal loans, credit lines, and financial wellness solutions | $250M | 72/100 | ||
8th | RupeeRedee 2018, Gurugram (India), Series B | Provider of online platform for short-term, unsecured personal loans | $5.7M | 70/100 | |
9th |  True Balance 2014, Gurugram (India), Series D | Provider of personal loans and prepaid payment instruments via mobile wallet | $90M | 68/100 | |
10th | Provider of digital financial services including loans, transfers, payments, and investments | $106M | 68/100 |
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RupeeRedee's Investments and acquisitions
RupeeRedee has made no investments or acquisitions yet.
Reports related to RupeeRedee
Here is the latest report on RupeeRedee's sector:
News related to RupeeRedee
Filter this listMedia has covered RupeeRedee for 1 event in last 1 year, It was about people movement.
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Digital Lending Platforms Revolutionize Microfinance Access for India’s Blue-Collar WorkforceBusiness News This Week•Mar 18, 2025•RupeeRedee, KreditBee, CASHe, Freo
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RupeeRedee’s NBFC Arm FincFriends Bags $7.8 Mn In Debt & EquityInc42•Apr 15, 2024•FincFriends, InCred, Grow Money Capital, Apv and 2 others
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FincFriends Secures $3.5 Mn From Digital Finance InternationalViestories•Jul 31, 2023•FincFriends, RupeeRedee, Digital Finance
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RupeeRedee appoints Aznabaev Roman as India Country HeadBusiness News This Week•Apr 26, 2023•RupeeRedee
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RupeeRedee partners with Credgenics to improve loan collections and customer experienceAsian News International•Dec 15, 2022•RupeeRedee, Credgenics
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RupeeRedee onboards Sunny Mittal as Legal and Compliance HeadAdgully•May 26, 2022•RupeeRedee, Airtel
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