Yubi Group raises Rs 400 crore in funding to invest in product and market expansion

Yubi Group, the AI-powered operating system (OS) for financial services, today announced that it has raised a total of Rs 411 Crore in a fresh funding round.

The capital comprises a long-term structured debt funding and equity of up to Rs 336 crore from  EvolutionX Debt Capital, a growth stage debt financing platform, and equity of Rs 75 crore from the Founder and CEO, Gaurav Kumar. This takes Gaurav’s equity investment to over Rs 330 crore in the company. 

Yubi said it will use the funds to accelerate its geographic expansion into the SEA and US markets, further strengthen its foothold in the Middle East and deepen investment in its proprietary AI products.

"We are building the foundational OS for global financial services. This investment is a powerful endorsement of our vision and our execution capabilities," said Gaurav Kumar, Founder and CEO of Yubi Group.

“The funds will enable us to replicate our Indian success story in new international markets, supercharge our AI stack, and strategically expand our ecosystem. Partnering with a prestigious institution like EvolutionX provides us with the flexible, long-term capital to pursue our ambitious goals.” 

"We are impressed by Yubi's transformative impact on the credit ecosystem in India. The company has demonstrated remarkable scale, robust technology, and a clear path to profitability," said Rahul Shah, Partner at EvolutionX Debt Capital.

“We are excited to partner with Gaurav and the Yubi team as they embark on their next phase of growth, and we believe our capital will be instrumental in scaling their unique model globally.” 

Backed by Peak XV, Insight Partners, Lightspeed, B Capital Group, Dragoneer, and TVS Capital, Yubi claims it has facilitated over Rs 3.2 lakh crore in credit and 3.5 crore transactions, serving 17,000+ enterprises and 6,200+ investors and lenders while reducing collections costs by 57%.