Kalaari-backed fintech startup Rubique in talks to raise up to $25m

Kalaari-backed fintech startup Rubique in talks to raise up to $25m

Photo: Reuters

Kalaari Capital-backed Rubique Technologies Pvt. Ltd, an online lending marketplace for financial products, is in talks to raise $20-25 million in a round, which will see participation from both existing and new investors, said a senior company executive.

“Since 2015, we have raised $10 million. We are now planning to raise more money for scaling up. We have initiated the process and we’re currently in talks with four global players, two from China, one each from Japan and the US. We would take four to five months to complete the entire fund raising process,” said Manav Jeet, founder, managing director and chief executive, Rubique Technologies.

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