Binny Bansal’s BTB Ventures invests in gold loan start-up Rupeek Fintech

Online lender that dispenses loans against gold,Rupees Fintech Pvt Ltd raised $60 million from Tanglin Venture Partners, Flipkart co-founder Binny Bansal’s BTB Ventures,Korea’s KB Investment Co & GGV Capital at an approximate valuation of $300 mn

It began dispensing gold-backed loans in 2016 and was funded by Silicon Valley venture capital firms Sequoia Capital and Accel from its early stages.

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