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Announced

Completed

Lightbox led a $34m funding round in Rupeek.

Financials

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Transaction Value£25m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Completed

Domestic

Venture Capital

Friendly

Acquisition

Consumer Lending

Private Equity

Private

Single Bidder

personal loans

credit risk analysis

lending platform

gold loan

India

Minority

Synopsis

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Lightbox, a global venture capital firm, led a $34m funding round in Rupeek, a gold loans provider, with participation from GGV and Bertelsmann. “Rupeek is the first brand that has digitised the entire process of obtaining secured credit against gold holdings, allowing users to get instant credit from the comfort of their homes. Our aim is to set the foundation for tech-led gold monetisation in the country through unique, industry-first innovations and unlock growth and credit for a billion Indians,” Sumit Maniyar, Rupeek Founder and Chief Executive.

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