Ruptok, a fintech platform for gold loans, has raised Rs 16 crore worth of capital in its pre-Series A funding round from existing and new investors, including Manuvel Malabar Jewellers, and industry veterans and HNIs Nivedan Sahay and Neeraj Aggarwala.
The fresh capital will be utilised to bolster its business growth by diversifying its loan book and integrating breakthrough technology into its financial products and services.