Team StartupCity

• Yubi raises Rs 411 crore through equity and long-term debt
• Funds to fuel global expansion and strengthen AI-led financial products
• Founder Gaurav Kumar adds Rs 75 crore, taking his total investment above Rs 330 crore

Fintech platform Yubi Group has raised Rs 411 crore (about $46.3 million) in a new funding round that includes Rs 336 crore in equity from EvolutionX Debt Capital and a long-term structured debt facility. The company’s founder and CEO, Gaurav Kumar, also invested Rs 75 crore, increasing his total commitment to more than Rs 330 crore ($37.2 million).

Yubi plans to use the fresh capital to scale its presence across Southeast Asia, the U.S., and the Middle East. A major part of the investment will go toward strengthening its AI-driven financial services stack, along with expanding its global operating system for lenders, enterprises, and collection partners.

Founded in 2020, Yubi operates as an AI-powered OS for financial services. Its central AI platform, YuVerse, supports products like Yubi, Accumn, Spocto X, and YuCollect, which offer solutions for digital lending, underwriting, debt resolution, and collections.

The platform claims to have facilitated more than Rs 3.2 lakh crore in debt, enabling over 48 lakh transactions. Yubi also works with 17,000+ enterprises and over 6,200 lenders and investors, making it one of the largest digital debt marketplaces in the country.

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Yubi has raised over $296 million so far, including a $135 million Series B round that turned it into a unicorn. Its investor list includes Vivitri Capital, Peak XV Partners, TVS Capital, Lightspeed, B Capital, Lightrock, Insight Luxembourg, and others.

Financially, Yubi’s revenue grew from Rs 484 crore in FY24 to Rs 660 crore in FY25. However, the company reported a net loss of Rs 416 crore for the same fiscal year, according to data from TheKredible.