Meet RupeeCircle: Borrow Better, Lend Smarter


RupeeCircle is one of India’s newest peer-to-peer lending platforms. Already an emerging fintech leader, RupeeCircle, has just been awarded one of RBI’s first NBFC-P2P license of 2019.

What is RupeeCircle?

RupeeCircle is the new-age Peer-to-Peer (P2P) lending company that connects creditworthy borrowers with investors looking for attractive returns on their investments.

Customers who have limited or no credit history will now be able to avail personal loans without any collaterals up-to INR 10 lakh.

The purpose is to provide last mile credit access to the neediest sections of the society. At the same time, there is a focus on providing a new investment asset class for lenders to diversify their portfolio, beyond conventional stocks and bonds.

RupeeCircle has been able to register 5000+ customers over the last 6 months and aims to reach one million creditworthy unbanked individuals by 2025.

How does RupeeCircle work?

Backed by INR 55 million seed fund from Mahindra Finance, Oracle’s Cloud Accelerator Program & other marquee investors, RupeeCircle aims to drive financial inclusion to millions of unbanked & under-banked creditworthy individuals in India.

Starting off in 2017, RupeeCircle’s proprietary credit scoring model leverages data science, machine learning & cloud infrastructure to accurately underwrite first time borrowers and new to credit customers in the absence of traditional credit repayment data.

With increasing internet penetration, digital footprints and real-time analytics, individuals can act as “Banks or Financial Institutions” themselves and thereby extend financial services to the last mile.

With less than 3% population in India, investing into equity markets, Peer-to-Peer (P2P) investments provide a hassle free, less volatile and easy to understand option for generating returns as high as 24% annually.

RupeeCircle’s proprietary risk score based on traditional and digital footprints combined with in-house verifications, tele-calling and collections team ensures fraud and risks are mitigated.

Since 2017, RupeeCircle has grown from 5 to 50+ employees with INR 20 million worth of loan disbursed to under-banked individuals.

RupeeCircle’s online Peer-to-Peer lending marketplace leverages machine learning and data science to connect borrowers with lenders looking forward to excellent returns on their investments.

Majority of the customers use completely digital means to avail loans or invest money while more than 40% borrowers use Android/iOS mobile apps to avail services.

Who is RupeeCircle?

Founded and run by alumni of IIT Bombay & IIM Ahmedabad, this is a highly experienced and passionate team of 50+ members.

Ajit Kumar: RupeeCircle

Ajit Kumar, Founder and CEO: RupeeCircle, commented on the recent license acquisition sayingOur expertise in credit underwriting & analytics has allowed us to build a new age technology platform that captures 5000+ data points to accurately assess credit risk. With the RBI license, we look forward to emerge as the India’s most trusted Peer-to-Peer(P2P) lending platform while offering excellent returns on investments for lenders and providing quick hassle-free personal loans to borrowers for short term requirements such as vacations, education, home improvements, medical emergencies, etc.

For further information, please contact Nikhil Prabhakar, Head of Marketing & Public Relations, RupeeCircle (9930765438, or Ashish Mehta, Director, RupeeCircle (9004468288,

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