Angel Investments
Fintech startup Roopya raises Rs.5-Cr led by 100X.VC
Roopya, a Gurugram-based data analytics and AI-driven fintech SaaS platform for loan origination and underwriting, has raised INR 5.09 crore in its pre-seed round led by 100X.VC. The round also saw participation from KRS Jamwal, SAT Industries, Vishal Khare of Snyk, Shavdia Ventures and others. The firm will use the proceeds to further develop its lending infrastructure, and to cover more products and analytics layers. Additionally, it will use the capital to invest in building a data infrastructure for lenders and loan service providers (LSPs). Launched in April 2023 by Raman Vig and Sudipta Ghosh, Roopya enables lenders and LSPs to access on-demand risk scorecards, lending analytics, early warning systems, business rules engine (BRE), pre-approval management, offer management and mandate execution. The platform claims that it enables over 100,000 LSPs to get access to lending infrastructure and risk analytics. The firm claims to have over 25 clients.
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