×
432
Fashion Jobs
KALPA ELECTRIKAL PVT. LTD
Hiring For Production in Charge/ Manager (8-15 Yrs Exp)
Permanent · Bengaluru
TARGET PUBLICATIONS
Regional Sales Manager
Permanent · Mumbai
THE BANYAN HR CONSULTS
Head HR For Garments Manufacturing Company at Chengalpattu, Tamil Nadu
Permanent · Chennai
IUMENTAS LIFE SCIENCE
Veterinary Sales Manager For The State of Assam
Permanent · Guwahati
HINDCO RECRUITMENT CONSULTANTS
Production Manager| Leading Plastic Manufacturing Company| Umbergaon
Permanent · Navsari
HINDCO RECRUITMENT CONSULTANTS
Production Manager| Leading Polythread Manufacturing Company| Ranchi
Permanent · Ranchi
ENGGSERVICES2INDIA
Production Quality Manager - Immediate Requirement
Permanent · Bengaluru
DIASORIN HEALTHCARE INDIA PRIVATE LIMITED
Area Sales Manager
Permanent · Hyderabad
METROPOLIS HEALTHCARE
Territory Sales Manager @ Mumbai
Permanent · Mumbai
GTROPY SYSTEMS PRIVATE LIMITED
Direct Sales Manager - Faridabad
Permanent · Faridabad
METROPOLIS HEALTHCARE
Territory Sales Manager @Amravati/Nagpur/Aurangabad
Permanent · Nagpur
AAVAS FINANCIERS LIMITED
Area Sales Manager | Home Loan | Delhi
Permanent · Pune
RAJ RAJESHWARI SPICE FOODS LTD.
Area Sales Manager/Senior Sales Officer Required
Permanent · Bareilly
PARK RETAIL MARKETING PVT LTD
Job Opening For Area Sales Manager
Permanent · Pune
ALUDECOR LAMINATION PVT LTD
Area Sales Manager
Permanent · Rohtak
INFEXN LABORATORIES PRIVATE LIMITED
Area Sales Manager - Diagnostic / Healthcare
Permanent · Pune
ALUDECOR LAMINATION PVT LTD
Area Sales Manager
Permanent · Vijayawada
RELIABLE CLOTHING PVT. LTD
Opening For Business Head (Garment Export)
Permanent · Mumbai
ALUDECOR LAMINATION PVT LTD
Area Sales Manager
Permanent · Hyderabad
ALUDECOR LAMINATION PVT LTD
Area Sales Manager
Permanent · Kochi
RISHABH IMPEX
Area Sales Manager
Permanent · Northeast India
NATURES ESSENCE PRIVATE LIMITED
Area Sales Manager- Punjab(Ludhiana)
Permanent · Ludhiana
Published
Feb 26, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Binny Bansal invests in gold jewellery-backed lender Rupeek

Published
Feb 26, 2020

Flipkart co-founder Binny Bansal has invested in Rupeek, a business that offers loans against gold jewellery and heirlooms. The Bengaluru-based business has raised a total of $60 million from a group of investors.

Rupeek offers loans against gold jewellery - Rupeek Gold Loans- Facebook

 
Following substantial growth recently, online business Rupeek Fintech Pvt now counts Bansal as an investor for its next phase of growth, ET Bureau reported. Other investors taking part in the recent funding round included Tanglin Venture Partners-owned, BTB Ventures, and Korea-based business, KB Investment Co. 
 
Following the funding round, the business is valued at around $300 million, a source familiar with the business told Bloomberg. Rupeek will use its new investment to continue to expand its services.

The business currently disburses around $28 million in gold-backed loans per-month, compared to $1.5 million per-month in January, 2019, the firm’s founder and CEO, Sumit Maniyar told Bloomberg.
 
Rupeek counts banks including ICICI Bank and Federal Bank as its lending partners, according to its Facebook page. Considering the shame many Indians may feel about pawning gold jewellery, Rupeek dispatches appraisers to people’s houses to allow them to pursue loans discreetly. 
 
Rupeek has so far expanded its services to cover 10 Indian cities, after launching its gold-back loan service in 2016. The business was first backed by Sequoia Capital and Accel, two Silicon Valley-based venture capital firms.

Copyright © 2021 FashionNetwork.com All rights reserved.