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Rajaram, Khaitan, Cooleys strike gold in $60m Rupeek round from GGV, Bertelsmann, Binny Bansal

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

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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