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Yaantra co-founder Jayant Jha launches BytePe, a smartphone subscription platform

EntrackrEntrackr · 21d ago
Yaantra co-founder Jayant Jha launches BytePe, a smartphone subscription platform
Medial

Yaantra co-founder Jayant Jha launches BytePe, a smartphone subscription platform BytePe, a tech subscription platform, has launched to offer consumers an easier way to get the latest smartphones. Founded by Jayant Jha, former Flipkart leader and co-founder of Yaantra, BytePe aims to make premium technology more affordable and flexible for Indian consumers. For years, Indians have followed the traditional ownership model by saving money, taking EMIs, and keeping old devices. BytePe changes this by offering a subscription service where users pay monthly fees lower than EMIs, upgrade to new models each year, and use the service without extra costs or lock-ins. At launch, consumers can access the newly released iPhone 17 Series, including iPhone 17, iPhone 17 Air, iPhone 17 Pro, and iPhone 17 Pro Max, through BytePe’s subscription plans. Subscribers receive one-time damage protection, upgrade options at the end of the tenure, and assured buyback benefits. For customers preferring upfront purchases, BytePe offers 50% assured buyback at the end of 12 or 24 months, along with comprehensive protection. Under its “Pay for what you use” model, BytePe claims users can save up to 50% compared to EMIs, with no upfront costs or hidden charges. The platform also plans to introduce options that include insurance, buyback, and flexible upgrades under one plan.

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Rupeeflo raises $1 Mn from Piper Serica

EntrackrEntrackr · 8m ago
Rupeeflo raises $1 Mn from Piper Serica
Medial

Rupeeflo raises $1 Mn from Piper Serica Fintech startup Rupeeflo has raised $1 million in funding in a pre-seed round led by Piper Serica Angel Fund. Fintech veterans including Ravi Shankar (co-founder of Active AI), Kishore Natarajan, and Kedar Kulkarni (co-founder of Hyperverge) also participated in the maiden round. Rupeeflo will use the funding to roll out a full-stack NRI investment platform, introduce instant UPI access, and expand its global presence. Founded in 2024 by Dharmendra Maurya, Ashish Jha, and Manav Bharambe, Rupeeflo streamlines banking and investing for NRIs in India. Starting with the U.S. and U.K., it aims to expand across global NRI hubs. With Rupeeflo, NRIs can now digitally apply for an NRE/NRO account in less than 10 minutes and have easy and paperless access to stock markets, mutual funds, and index funds without regulatory headaches. “We see this as one of the biggest untapped opportunities in fintech. In the USA alone, NRIs have over $300 billion in low-yield savings overseas because investing in India has been too complex. We are fixing the problem so that they can participate in India's future instead of just watching from the sidelines,” said Ashish Jha. Piper Serica is an asset manager investing in India’s public and private markets. It manages a SEBI-registered PMS, advises a Mauritius-based offshore fund, and runs the Piper Serica Angel Fund for early-stage startups, overseeing over Rs 1,000 crore in assets.

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