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Accelerator/Inc LATEST DEAL TYPE

Operator of a micro-lending platform intended to expand the credit economy by provide loans without credit card and bank account details. The company's micro-lending platform helps consumers discover, earn, prepay, subscribe and trade rewards at local businesses enabling them to buy any product from any site and pay back in easy installments.

Formerly Known As
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Consumer Finance
Other Industries
Financial Software
Primary Office
  • Second Floor, Plot A, Khasra 360
  • Near Indian Bank, Behind Centrum Mall, Sultanpur Metro Station
  • New Delhi, 110030
  • India

+91 011 0000 0000
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Redcarpet Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Accelerator/Incubator 17-Mar-2017 00.000 Completed Generating Revenue
4. Early Stage VC 01-Mar-2017 00.00 00.000 Completed Startup
3. Accelerator/Incubator 12-May-2016 0000 00000 Completed Startup
2. Seed Round $120K Completed Startup
1. Accelerator/Incubator 19-Aug-2015 $120K $120K 00.000 Completed Startup
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Redcarpet Competitors (13)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Affirm Venture Capital-Backed San Francisco, CA 000 00.000 00000000000 00.000
0000 Venture Capital-Backed New York, NY 000.00 000000000 000.00
00000000 Venture Capital-Backed Bangalore, India 0 000.00 00000000000 000.00
00000000 Venture Capital-Backed Singapore, Singapore 00 0000 00000000000 0000
000000 Venture Capital-Backed Bengaluru, India 00000000000
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Redcarpet Investors (12)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Yes Bank Business Accelerator Program Accelerator/Incubator Minority 000 0000 000000 0
Lightspeed Venture Partners Venture Capital Minority 000 0000 000000 0
Google Developers Launchpad Accelerator/Incubator 000 0000 000000 0
Y Combinator Accelerator/Incubator Minority 000 0000 000000 0
Aditi Sreenivasan Angel (individual) Minority 000 0000 000000 0
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Redcarpet Executive Team (3)

Name Title Board
Abhay Tamaria Co-Founder
Kartik Venkataraman Co-Founder
Sandeep Srinivasa Co-Founder