A Kolkata- and Gurugram-based financial technology start-up, Roopya, has raised ₹4 crore in a seed funding round led by Inflection Point Ventures (IPV), as demand for digital lending infrastructure accelerates across India.
The company said the fresh capital would be deployed to expand its lending infrastructure and strengthen its embedded finance capabilities. Roopya provides a no-code, software-as-a-service (SaaS) lending platform that enables banks, non-banking financial companies (NBFCs) and fintech firms to launch customised loan products within days rather than months.
India’s digital lending market is projected to exceed ₹3.6 lakh crore in disbursements by 2030, prompting traditional lenders to modernise legacy systems. Roopya’s “Lending-as-a-Service” platform automates the entire credit lifecycle, from e-KYC and underwriting to disbursement and collections, while aligning with Reserve Bank of India regulations.
In September 2022, the company was designated a “Specified User” under the RBI’s CICRA Act, granting it access to credit bureau data for analytics and underwriting — a status it says strengthens its compliance and risk assessment capabilities.
Founded by Sudipta K Ghosh and Raman Vig, Roopya combines institutional banking experience with technology-led credit solutions. Mr Vig previously held senior roles at CRIF, HDFC Bank, Deutsche Bank and ICICI Bank, while Mr Ghosh is a former Tata Administrative Services officer with experience at Tata Capital.
Roopya says it has processed loans worth more than ₹100 crore in the current financial year across 10 states, supporting over 1,100 point-of-sale terminals. The platform works with more than 20 lenders, collectively processing over 30,000 loans a month, and reports monthly growth of up to 20%.
The broader lending infrastructure market in India is estimated at ₹20,000 crore and growing at 15–17% annually, underscoring investor interest in scalable, compliant credit technology platforms.
