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Fintech startup Rupeek raising over $7 Mn from Accel, Sequoia Capital, others

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Image Credit: enterpreneur

Gold loan provider startup Rupeek is raising close to $7.4 Mn from Accel India, Sequoia Capital, Bertelsmann, among others. In what seems to be a tranche of a new funding round, Rupeek is allotting 598 Series E2 compulsorily convertible preference shares (CCPS) at an issue price of INR 9,91,072 apiece.