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Yubi Group has raised ₹411 crore in fresh funding as it pushes to expand globally and double down on its AI products.
The company uses artificial intelligence to help banks and lenders give loans faster, assess borrowers more accurately, and recover payments more efficiently through a single unified platform.
What’s brewing: the round includes a long-term loan plus ₹336 crore in equity from EvolutionX Debt Capital.
Yubi plans to use the funds to scale its operations in Southeast Asia and the US, while also investing heavily in strengthening and upgrading its AI-led product suite.
The hype: Yubi claims to have facilitated more than ₹3.2 lakh crore in debt and enabled over 48 lakh transactions. The company works with more than 17,000 enterprises and over 6,200 lenders and investors.
