Key Metrics
- No. of Employees132
- Founded Year 2016
- Company StagePrivate Limited Company
- Total Funding₹55.55 Cr
- Industry
- Headquarter
- Company StatusActive
About RedCarpetUp
Business Model
Redcarpet is a microlending platform for students. It provides instant credit scoring and enables purchase financing using advanced AI. Users can avail instant credit for online purchases. They can also buy any product from any site and pay it back in easy installments.
Top Competitors
UN
UniU72900DL2020PTC368642
FI
FiU72900KA2019PTC124770
ON
OnecardU74999PN2019PTC206053
JU
JupiterU74140MH2019PTC328769
RedCarpetUp Funding Details
Funding Highlights
Latest Funding RoundSeries A
Total Funding Raised₹55.55 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors2
Investors
- Lightspeed Venture Partners, Moonstone investment
Funding Details
Funding History
Funding Per Year
RedCarpetUp Financial Details
Financial Highlights
FY 2023-24 Revenue₹17.82 Lakh
FY 2023-24 Expenses₹1.09 Cr
FY 2023-24 Profit/Loss-₹91.15 Lakh
Net Cash Flow From Operations-₹1.06 Cr
Full Financial Details
Financial Comparison
Revenue Breakdown
Expense Breakdown
Shareholding Structure
Financial Ratio
RedCarpetUp Key People
People Metrics
Current Core Team2
Board Members/Directors2
RedCarpetUp Documents