Yubi Group Secures Rs 411 Crore Funding for Global Expansion

Yubi Group has successfully raised Rs 411 crore (approximately $46.3 million) through a funding round that includes a long-term structured debt facility and Rs 336 crore (around $37.9 million) in equity from EvolutionX Debt Capital. Gaurav Kumar, the Founder and CEO, has also contributed Rs 75 crore, bringing his total investment in the company to over Rs 330 crore ($37.2 million).

Utilisation of Funds for Expansion

The funds will primarily be allocated to enhance operations in Southeast Asia and the United States, bolster Yubi’s presence in the Middle East, and boost investment in its AI product offerings. Additionally, it aims to support Yubi’s global expansion and the scaling of its operating system focused on financial services.

Yubi’s Success in Financial Transactions

Yubi asserts that it has facilitated over Rs 3.2 lakh crore in debt and has enabled more than 48 lakh transactions. The platform collaborates with over 17,000 enterprises and more than 6,200 lenders and investors.

About Yubi Group

Founded in 2020, Yubi Group operates as an AI-driven platform for financial services. Its primary AI suite, YuVerse, powers various applications including Yubi, Accumn, Spocto X, and YuCollect, which collectively offer solutions for lending, underwriting, and collections.

Funding History and Future Prospects

To date, Yubi has garnered over $296 million in funding, including a remarkable $135 million Series B round that helped it achieve unicorn status. The company’s list of investors includes prominent names such as Vivitri Capital, Peak XV Partners, TVS Capital, Lightspeed, B Capital, Lightrock, and Insight Luxembourg.

Financial Performance

Reports indicate that Yubi’s operational revenue surged to Rs 660 crore in FY25, increasing from Rs 484 crore in FY24. However, the company reported a net loss amounting to Rs 416 crore for the fiscal year.