Rupeek Fintech has raised $60 million (about Rs 432 crore) across two separate rounds, led by GGV Capital, Binny Bansal and Bertelsmann India Investments, among others. The Bengaluru-headquartered startup, which provides loans against gold as collateral, said it will use the proceeds from the latest funding round to further invest in technology and to acquire customers.

— The Economic Times

Rajaram Legal advised Rupeek Fintech Private Limited led by a team of partner Priyadarshani Sherchan, senior associate Aakanksha Pagnis, associate Mahima Pradeep.

Khaitan & Co acted for Bertelsmann and Binny Bansal, led by partner Mayank Singh, principal associate Sanchit Agarwal and associate Abin Francis.

International firm Cooley LLP acted for GGV Capital.

2020-02-25

Deal value: USD 60 million

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