Private Equity Angel Investments
NRIs’ India investments enabler Rupeeflo raises $1-M led by Piper Serica
Source Rupeeflo (opens in a new tab)Entrackr (opens in a new tab)
Bengaluru-based fintech startup Rupeeflo has raised USD 1 million in a pre-seed round led by Piper Serica Angel Fund. The round also saw participation from Ravi Shankar (co-founder of Active AI), Kishore Natarajan, and Kedar Kulkarni (co-founder of Hyperverge).The new funds will be used to launch a full-stack NRI investment platform, introduce instant UPI access, and expand global presence.Founded in 2024 by Dharmendra Maurya, Ashish Jha, and Manav Bharambe, Rupeeflo streamlines banking and investing for NRIs in India. It currently operates in the US and the UK and aims to expand across global NRI hubs.