RupeeRedee - About the company
RupeeRedee is a series B company based in Gurugram (India), founded in 2018 by Jitin Shanker 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 285 active competitors, including 44 funded and 8 that have exited. Its top competitors include companies like Finnable, axio and Navi.
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
14th among 285 active competitors
Annual Revenue
₹100 - ₹500 Cr 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 | ₹100 - ₹500 Cr (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 | 4671595 | Series B | 3091735 | 3847196 | 8775565 | 4520963 |
Sep 06, 2022 | 9525286 | Series B | 5039824 | 8927979 | 5486090 | 7106833 |
Mar 2022 | 4963921 | Series B | 9902178 | 1844104 | 2250052 | 5001503 |
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RupeeRedee's founders and board of directors
Founder? Claim ProfileThe founders of RupeeRedee is Jitin Shanker Bhasin.
Here are the details of RupeeRedee's key team members:
- Jitin Shanker Bhasin: Former Founder of RupeeRedee and founder of 2 other companies, FincFriends and SaveIN. They serve on the boards of 2 companies.Contact Info: 1 phone number
RupeeRedee's Board of Directors
RupeeRedee's board has 5 active members. Jitin Shanker Bhasin and Ajaya 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 |
|---|---|---|---|---|
zjysjwh | Team | - | Past | 7y 8m |
gvrnsyn | Team | - | Current | 7y 2m |
Independent board member | - | Current | 5y 6m | |
wlpprec | Independent board member | - | Current | 7y 4m |
etsixza | Independent board member | - | Past | 3y 4m |
kpmyldq | Independent board member | - | Past | 3y 6m |
tyno{xt | Independent board member | - | Past | 9y 4m |
uhhtuon | Independent board member | - | Past | 4y 2m |
kkltfmy | Independent board member | - | Past | 3y 5m |
hwtgpte | Independent board member | - | Past | 2y 4m |
xvrdbzt | Independent board member | - | Past | 8y 4m |
lafdzzr | Independent board member | - | Past | 5y 8m |
xtcytrp | Independent board member | - | Past | 3y 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 Finnable, axio and Navi. 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 | Platform offering online personal loans with minimal documentation | $90.2M | 79/100 | ||
2nd | Provider of an online lending platform offering point of sale financing | $206M | 75/100 | ||
3rd | Provider of financial products including UPI, loans, insurance, and mutual funds | $445M | 73/100 | ||
4th | Provider of personal loans, credit lines, and financial wellness solutions | $250M | 72/100 | ||
5th | LendenClub 2015, Mumbai (India), Series A | Developer of a P2P lending platform for personal loans | $11.9M | 72/100 | |
6th | Digital financial platform offering instant credit, investments, bill payments, and credit-building tools online | $115M | 72/100 | ||
7th | Provider of personal loans, business loans, and loans against property | $133M | 69/100 | ||
8th | Provider of digital financial services including loans, transfers, payments, and investments | $106M | 68/100 | ||
9th |  Kredivo Holdings 2015, Jakarta (Indonesia), Series D | Provider of a consumer lending platform for financial applications | $660M | 68/100 | |
10th | Provider of personal loans with an application and digital loan process | $5.5M | 67/100 | ||
14th | RupeeRedee 2018, Gurugram (India), Series B | Provider of online platform for short-term, unsecured personal loans | $5.7M | 63/100 |
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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 list•
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Digital Lending Platforms Revolutionize Microfinance Access for India’s Blue-Collar WorkforceBusinessnewsthisweek•Mar 18, 2025•RupeeRedee, KreditBee, , 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 HeadBusinessnewsthisweek•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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