Roopya: SaaS-based Lending Infrastructure Platform Raises Rs 4 Crore

SaaS-based lending infrastructure platform Roopya has secured Rs 4 crore in a seed funding round led by Inflection Point Ventures (IPV). Roopya plans to utilise this investment to improve its lending infrastructure and broaden its embedded finance features.

About Roopya

Founded by Sudipta Kumar Ghosh and Raman Vig, Roopya offers a unique SaaS-based lending infrastructure platform tailored for Non-Banking Financial Companies (NBFCs) and fintech lenders. The company’s no-code, AI-driven Lending-as-a-Service (LaaS) solution empowers financial institutions to introduce loan products in just 4 to 6 days.

Platform Features

Roopya’s platform boasts a sophisticated Loan Origination System (LOS) that encompasses e-KYC, underwriting, disbursement, and collections, all while adhering to RBI regulations. This comprehensive solution allows lenders to streamline their operations effectively.

Market Presence

The startup collaborates with over 20 lenders, who collectively manage upwards of 30,000 loans each month. Roopya claims that in the current fiscal year, it has facilitated loan transactions exceeding Rs 100 crore and actively operates in 10 states, servicing more than 1,100 point-of-sale terminals.

Operational Efficiency

Roopya asserts that it has achieved a reduction in operational costs by up to 30% and has halved the loan processing time for its clients. Currently, the company facilitates approximately Rs 200 crore in annual loan processing and is experiencing a significant 12% year-on-year growth.