Roopya Secures INR 5.09 Crore in Pre-Seed Funding Round Led by 100X.VC
- ByStartupStory | October 4, 2023
Roopya, a lending analytics and infrastructure-as-a-service startup based in Gurugram and Kolkata, has successfully raised INR 5.09 crore in a pre-seed funding round, with 100X.VC as the lead investor.
The funds raised will be utilized to expand Roopya’s lending infrastructure, including various products and analytics layers. Additionally, the company aims to establish a robust data infrastructure for both lenders and Loan Service Providers (LSPs).
Ninad Karpe, Partner at 100X.VC, expressed his enthusiasm for Roopya’s potential to drive significant financial inclusion in India, as the platform serves both lenders and LSPs seamlessly.
Roopya, launched in April 2023 by Raman Vig and Sudipta K Ghosh, provides a platform that enables lenders and LSPs to access risk scorecards, lending analytics, early warning systems, LoS (Line of Sight), CRM (Customer Relationship Management), business rules engine (BRE), pre-approval management, and mandate execution on-demand.
With over 25 clients onboarded, including lenders and LSPs, the platform offers lending infrastructure and risk analytics on a Software-as-a-Service (SaaS) basis.
Raman Vig, Co-founder and CEO of Roopya, emphasized the company’s ambition to facilitate extensive financial inclusion by becoming an end-to-end lending infrastructure and analytics player, covering all aspects of lending, including origination, underwriting, early warning, collection, and cross-selling.
Sudipta K Ghosh, Co-founder of Roopya, highlighted the uniqueness of the platform’s SaaS-based infrastructure layer, analytics layer, and distribution layer, powered by Roopya’s Specified User status. The funding will support the expansion and enhancement of Roopya’s product offerings to better serve its customers.
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