Consortium of investors led a $60m Series C round in Rupeek.

A consortium of investors including GGV Capital, Bertelsmann, Binny Bansal, KB Investment, Tanglin Venture Partners, Sequoia India and Accel Partners, led a $60m Series C funding round in Rupeek, a consumer lender. “Rupeek has identified a key problem of availability and accessibility to credit to the self-employed sector in a market like India. The amount of stationary gold in India opens up the opportunity in terms of monetisation and distribution,” Anand Daniel, Accel Partner.