Anubhav Jain
Co-Founder and CEO, Rupifi. On 1 show, 1 appearance. The Shows tab opens the full record on each.
founderexecutiveinvestor@anubhavrb ↗LinkedIn ↗rupifi.com ↗
Anubhav Jain is the co-founder and CEO of Rupifi, an Indian B2B fintech company providing embedded lending and BNPL solutions for MSMEs. Prior to Rupifi, he held risk leadership roles at American Express and Razorpay and co-founded consumer lending platform Qbera.
1shows
1appearances
19statements
1resolved
1supported
0contradicted
100%fully supported
Everything Anubhav Jain said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Rupify facilitated nearly $7.5M in lending volume in September 2021
“So so we've done close to seven and a half million dollars of lending this month in September.”
Rupify is deployed across all Indian Walmart stores and Flipkart B2B
“So we work with the Flipkart Walmart group. So all the Walmart stores in India, we are present today. I see. Entire Flipkart e-commerce platform on the B to B side, we are present today.”
Indian startups typically raise 25% of their equity round in venture debt
“So we raised a four million equity and in India, it's a, when you raise X equity, you get 25% of that in venture debt. So this is a million venture debt.”
On-balance-sheet lending would add 300 to 400 bps in capital costs
“If I were to do this with my own balance sheet, it would have been at least 300 to 400 basis points higher in terms of math.”
Rupify's borrower churn stabilizes completely after the first three months
“Churn typically happens in three months. After that we don't see much churn. So let's say I acquire you today. There will be a 10, 15% churn month two and another 10, 15% month three and month four. So that three months we'll see a churn, but after that, the p…”
Rupify has transacted with approximately 25,000 small businesses
“So as of today, we have close to around 25,000 odd small businesses that have transacted with us.”
Rupify grew over 200% month-on-month during the previous quarter
“We, we've been growing at more than 200% month on month for the last quarter or so.”
Rupify approves average $1,000 credit lines with $150 average transaction sizes
“So an average credit line that we approve for these small businesses is something of the order of a thousand dollars, right? And that thousand dollars they utilize over multiple transactions. So the average transaction size for us can be as low as 150 dollars.”
Rupify offers zero-cost credit to retailers on 14-to-60-day terms
“So this is a very short tenure transaction. It's typically for like, 14 days, 30 days, maximum 60 days. And we make money through the supplier. So it's a zero percent interest or a zero cost credit to the retailer.”
Rupify expected to double monthly lending in October 2021
“And it's festive season coming up in India next month. So we're looking to almost again, double this in October.”
Rupify disbursed $7.5M in monthly loans to roughly 15,000 SMBs
“That must be around 15 or a thousand.”
Rupify is launching offline BNPL for physical point-of-sale purchases
“So we are now launching an offline BNPL as well. So we want to be omnichannel.”
Rupify raised an under $1M pre-seed and a $4M pre-Series A
“That was a little less than a million. And earlier this year, we raised a pre-series A that was around four million dollars.”
Rupify diluted 10% to 15% at its idea-stage pre-seed round
“Again that was also at an idea stage with not a single line of code written. So between 10 to 15% dilution there.”
Rupify gave roughly 1% in warrants for its venture debt facility
“No, we were in the, yeah, in the one percent range.”
Rupify's monthly SME borrower retention is 80% to 85%
“So we keep on looking at how many of the active transacting SMEs transacted again next month. That number for us is around 80, 85%.”
Rupify operates an off-balance-sheet marketplace model for SME lending
“We are a managed marketplace. So this is not set on our balance sheet. We work with a lot of banks and non-bank institutions across the country where we have a revenue and a risk sharing arrangement with them so that we onboard these customers. We provide the …”
One line per show, most statements first. The link opens Anubhav's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
 TOP FOUNDERSLEDGER | Co-Founder and CEO, Rupifi | 1 | 19 | 100% 1/1 | full record on Top Founders → |