Yubi's founder and CEO, Gaurav Kumar, has made a significant investment of Rs 250 crore ($30 million) in his fintech startup, marking one of the largest founder-led capital infusions in the tech industry.
Yubi, previously known as CredAvenue, has facilitated over Rs 1,40,000 crore in debt volumes and served more than 17,000 enterprises and 6,200 investors. After becoming a unicorn in 2022 with a $135 million Series B round, the company recently expanded its ESOP plan by $26 million.