Anubhav Jain
- CEO at Rupifi
GetLatka interview
How Rupifi Grew to $7.5M in Monthly Loan Volume and 25,000 SMB Customers in India (Interview with CEO Anubhav Jain)
Anubhav Jain (CEO of Rupifi) spoke to Nathan Latka on September 23, 2021.
Rupifi figures from the interview
- Customers (2021)
- 25,000
- Monthly GMV (Loans) (September 2021)
- $7.5M
- Monthly Revenue (June 2021)
- $5K
- Monthly Repeat-Transactor Rate (SMEs) (2021)
- 85%
- Team Size (September 2021)
- 60
“So as of today, we have close to around 25,000 odd small businesses that have transacted with us. We've been growing at more than 200% month on month for the last quarter or so.”
“So an average credit line that we approve for these small businesses is something of the order of $1,000 Right? And that $1,000 they utilize over multiple transactions. The average transaction size for us can be as low as $150”
“So, so we've done close to $7,500,000 of lending this month in September. Right. And it's festive season coming up in India next month. So we're looking to almost again double this in October.”
Bio
Entrepreneur, Angel Investor and Credit Risk professional with a decade of experience in Banking and Consumer/Small Business Lending, including Credit Cards and Loans, across the customer life cycle - Underwriting, Acquisitions, Customer Management and Loyalty. Focused on designing and implementing risk assessment strategies and risk analytics