The Week that Was: Indian Startup News Overview (16th November- 22nd November)


Funding News: Yubi Group Secures Rs 411 Crore to Boost Global Expansion and AI Push

Startup: Yubi Group

Founders: Gaurav Kumar 

About us: Yubi Group is a fintech/AI-powered operating system for financial services, providing solutions across digital lending, underwriting, debt resolution and collections through its platforms such as Yubi, Accumn, Spocto X and YuCollect. 

Founded Year: 2020

Office: Headquartered in India (Chennai) and targeting global markets including Southeast Asia, the US and Middle East. 

Sector: Fintech / Financial Services Platform

Funding Round: Structured debt + equity (approx. Rs 411 crore) 

Investors: Long-term structured debt from EvolutionX Debt Capital (Rs 336 crore) and equity infusion of Rs 75 crore by founder Gaurav Kumar (taking his cumulative equity above Rs 330 crore)

Yubi Group has raised Rs 411 crore in a new funding round to scale its proprietary AI-driven financial services platform and expand internationally. The funds will be deployed to accelerate Yubi’s expansion into Southeast Asia and the US, strengthen its presence in the Middle East, and deepen investment in its AI stack and global fintech ecosystem. 

Website: https://www.go-yubi.com/

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