CosmicTaco

Rupifi Secures $2 Mn In Bridge Round

CosmicTaco · 2025-03-04T10:04:59.647626+05:30

- Rupifi, a B2B fintech startup, is raising $2 Mn from existing investors including Bessemer Venture Partners, Ankur Capital, and Quona Capital. - The funds will be raised via rights issue, involving the issuance of 66,427 pre-Series B3 CCPS at INR 1.82 Lakh each. - Cofounder Anubhav Jain emphasized that this is a small internal round, with plans to focus on building before a larger funding round. - Founded in 2020, Rupifi offers financial solutions like payment collection, reconciliation, taxation, and accounting, serving over 800 cities with more than 2.5 Mn transactions. - The fintech sector continues to attract significant investor interest, with India's market expected to reach $2.1 Tn by 2030. Source: [Inc42](https://inc42.com/buzz/update-bessemer-backed-rupifi-to-raise-2-mn-via-rights-issue/)

Rupifi, a B2B fintech startup, is raising $2 Mn from existing investors including Bessemer Venture Partners, Ankur Capital, and Quona Capital.
The funds will be raised via rights issue, involving the issuance of 66,427 pre-Series B3 CCPS at INR 1.82 Lakh each.
Cofounder Anubhav Jain emphasized that this is a small internal round, with plans to focus on building before a larger funding round.
Founded in 2020, Rupifi offers financial solutions like payment collection, reconciliation, taxation, and accounting, serving over 800 cities with more than 2.5 Mn transactions.
The fintech sector continues to attract significant investor interest, with India's market expected to reach $2.1 Tn by 2030.

Source: Inc42