Fintech co Rupifi to raise $2-M via right issue

Bengaluru-based B2B payments platform Rupifi is raising USD 2 million from existing investors, including Bessemer, Quona Capital and Ankur Capital through a rights issue.Rupifi plans to utilize the funds to support its business operations and address additional capital requirements.Founded in 2020, Rupifi enables MSMEs to access multiple lenders on digital B2B platforms and marketplaces. It offers Line of Credit, Invoice Financing, and loans, focusing on seamless digital experiences and smart underwriting for banks, NBFCs, and service providers.