Fintech Unicorn Yubi Secures Rs. 411 Cr Funding to Fuel Global Expansion and AI Innovation!
Introduction
Rs. 411 Cr. funding (Approximately $46.4 million) has been secured by Fintech Unicorn Yubi securing funding with a combination of equity and debt. The round involves INR 336 Cr. in debt from the EvolutionX Debt Capital, along with INR 75 Cr. in equity from Gaurav Kumar, the founder. Moreover, the capital will fuel the global expansion of Yubi into the Middle East, the US and Southeast Asia and also speed up the growth of its proprietary AI goods.
Yubi secures Rs. 411 cr. securing
- Within a significant funding round, Fintech Unicorn Yubi has secured INR 411 cr. funding. Furthermore, the investment consists of INR 75 cr. within the equity from Gaurav Kumar, the founder, and INR 336 cr. in debt from EvolutionX Debt Capital.
- In order to drive the global expansion of Yubi, within foreign markets like the Middle East, the US as well as Southeast Asia, the fresh capital will be deployed.
- In addition, the startup plans to invest in enhancing its Yubi AI development through its AI innovation fintech.
- Gaurav Kumar, the founder, expressed his confidence by stating that the funds will allow the company to imitate their Indian achievement story within novel global markets, expand their ecosystem strategically as well as supercharge their AI stack by following Fintech investment trends.
- This indicates the second considerable equity investment currently, outlining its robust commitment.
Overview of Yubi
Yubi was established in 2020, offering technology solutions throughout the debt lifecycle, which connects its businesses with lenders, automating debt collections and providing bond issuances via offerings such as Accumm (credit underwriting), YuCollect (collections), Yubi Pools (securitisation), Aspero (bond marketplace), Yubi flow (supply chain finance) as well as Yubi loans.
Economically, the net loss of Yubi broadened by 5% to INR 416.1 cr. during FY25 from INR 395.8 cr. during FY24. In addition, while executing, the profit increased by 36% to INR 660.1 cr. The organisation that started the unicorn club in March 2022 has earlier raised around $227 million.
In the past year, Kumar shared that Yubi’s plans to raise fresh capital within the series of $150 Mn to $200 Mn within the first quarter of 2025. Nevertheless, that investment did not turn out as planned.
Throughout its lifetime, the company claims to have served approximately INR 3.2 lakh cr within transactions, as well as processed around INR 48 lakh transactions.
Impact
The Yubi funding is significant for the Fintech global growth route of Yubi, allowing it to chase aggressive fintech expansion strategy and improve its AI abilities and AI innovation fintech. Yubi securing funding also reinforces the competitive position of Yubi within the international debt markets, as well as validates its business model.
Existing investors of Yubi and the scale it has achieved
- Yubi, formerly CredAvenue, is being backed by investors like TVS Capital, Dragoneer, B Capital Group, Lightspeed, Insight Partners and Peak XV.
The organisation claims to have provided approximately Rs. 3.2 trillion into credit as well as Rs. 3.5 cr. transactions, by offering more than 17,000 companies as well as around 6,200 lenders and investors.
Perspective of EvolutionX on the performance of Yubi
- The organisation has showcased an excellent scale with an enterprise lending platform, a clear and concise path towards productivity and strong future of lending technology, stated by Rahul Shah, partner at EvolutionX Debt Capital.
- EvolutionX Debt Capital is considered to be a development-phase debt financing platform, jointly built by DBS Bank and Temasek, whose headquarters are located in Singapore, with a regional office in Mumbai.
- It is emphasised towards enhancing Venture capital in fintech India and organisations throughout Asia, which involves the Gulf Cooperation Council (GCC) region, China, Southeast Asia.
