Key Metrics
  • No. of Employees132
  • Founded Year 2016
  • Company StagePrivate Limited Company
  • Total Funding₹55.55 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About RedCarpetUp
RedCarpetUp is an online platform for point of sale financing. The App based fintech startup offers quick and easy credit, they have partnerships with traditional bank other financial institutions. It lets users pay their online purchases through their app.
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
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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
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
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
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
RedCarpetUp Key People
People Metrics
Current Core Team2
Board Members/Directors2

Core Team

KV
Kartik VenkataramanFounder & CEO
SS
Sandeep SrinivasaCOO & CTO

Board Members/Directors

SS
Sandeep SrinivasaDirector
KV
kartik VenkatramanDirector
RedCarpetUp Documents

AY - 2018-19

Profit and Loss statement - RedCarpetUp - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of RedCarpetUp for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - RedCarpetUp - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of RedCarpetUp for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - RedCarpetUp - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of RedCarpetUp for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - RedCarpetUp - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of RedCarpetUp for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - RedCarpetUp - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of RedCarpetUp for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - RedCarpetUp - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of RedCarpetUp for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - RedCarpetUp - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of RedCarpetUp for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - RedCarpetUp - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of RedCarpetUp for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and Loss statement - RedCarpetUp - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of RedCarpetUp for FY 2022-23.
₹249.00 ₹498.00
Balance Sheet - RedCarpetUp - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of RedCarpetUp for FY 2022-23.
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - RedCarpetUp - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of RedCarpetUp for FY 2023-24
₹249.00 ₹498.00
Balance sheet - RedCarpetUp - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of RedCarpetUp for FY 2023-24
₹249.00 ₹498.00

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