Angel Investments
Fintech startup Rupifi raises $1-M in equity & debt from Gokul Rajaram, Alteria Capital
Bengaluru-based fintech startup focused on SMEs, Rupifi, has raised $1 million from angel investor Gokul Rajaram and venture debt from Alteria Capital. Rupifi will use the new funds to scale its “Buy Now, Pay Flexibly†product aimed at small businesses transacting on B2B marketplaces. Rupifi enables small businesses to use its instant, flexible, and no-EMI credit product to buy inventory and other goods necessary for the operations of their online businesses. In March this year, Rupifi had raised $4.1 million in a pre-Series A round led by Quona Capital, Ankur Capital, and Flipkart co-founder Binny Bansal.
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