RedCarpetUp

Y Combinator // YC S15 starting 2015-06-01


Key notes: RedCarpet lends to customers in India to finance their online purchases - ecommerce, travel, etc.

Office address: Udyog Vihar, Gurgaon, Haryana, India

Description: RedCarpet lends to customers in India to finance their online purchases - ecommerce, travel, etc. RedCarpetUp lends to customers in India that banks cannot see. In India, credit and finance companies are able to service less than 10% of the customer base because there is no data, no widespread credit bureaus to profile and score customers. RedCarpet has access to much more data, including data on your mobile phone. They use this data to service customers who never had any access to credit before. Today their customer segment is young, future-prime students in colleges who use RedCarpetUp to find credit to fund online purchases - ecommerce, travel, etc. Tomorrow they hope to unlock credit to all of India.

View details on Crunchbase:

http://www.crunchbase.com/organization/redcarpetup

$ 6,560,000 over 4 funding rounds.


Funding Rounds

Date Name $ Invested Crunchbase link
2016-05-11 None $ 50,000 Detailed data
2019-03-27 None $ 3,890,000 Detailed data
2015-08-18 None $ 120,000 Detailed data
2017-02-28 None $ 2,500,000 Detailed data

Investors

Round Date Round Name Investor Crunchbase Link


Contact Jed if you have updated information for RedCarpetUp

To update the information on funding or number of employees, please do that directly on Crunchbase.


Created: 28-Nov-2015, 06:37

Last Crunchbase update: 28-Jun-2019, 05:58

Last modified: 05-Mar-2021, 05:58

Country: IND