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Yubi Group raises Rs 411 Cr in new round

EntrackrEntrackr ยท 14d ago
Yubi Group raises Rs 411 Cr in new round
Medial

Yubi Group raises Rs 411 Cr in new round Fintech platform Yubi Group has raised Rs 411 crore (around $46.3 million) in a new funding round which includes a long-term structured debt facility and Rs 336 crore (around $37.9 million) in equity from EvolutionX Debt Capital. Founder and CEO Gaurav Kumar has also invested Rs 75 crore, taking his total equity investment in the company to more than Rs 330 crore ($37.2 million). The proceeds will be used to expand operations in Southeast Asia and the US, strengthen Yubiโ€™s presence in the Middle East, and increase investment in its AI products. It will also support global expansion and the scaling of Yubiโ€™s operating system for financial services. Yubi claims to have facilitated more than Rs 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. Yubi Group is an AI-powered operating system for financial services founded in 2020. Its core AI suite, YuVerse, powers Yubi, Accumn, Spocto X, and YuCollect, which together offer lending, underwriting, and collections solutions. To date, Yubi has raised over $296 million, including a $135 million Series B round that brought it to unicorn status. The company counts Vivitri Capital, Peak XV Partners, TVS Capital, Lightspeed, B Capital, Lightrock, Insight Luxembourg, and others among its investors. As per TheKredible, Yubiโ€™s revenue from operations rose to Rs 660 crore in FY25 from Rs 484 crore in FY24. Consequently, Yubi reported a net loss of Rs 416 crore for the fiscal year.

Yubi records Rs 660 Cr revenue in FY25; adjusted EBITDA improves 55%

EntrackrEntrackr ยท 1m ago
Yubi records Rs 660 Cr revenue in FY25; adjusted EBITDA improves 55%
Medial

Yubi records Rs 660 Cr revenue in FY25; adjusted EBITDA improves 55% Fintech company Yubi (formerly CredAvenue) saw a 36% year-on-year growth in operating revenue in FY25 and improved its profitability metrics. Significantly, the Chennai-based company reduced its adjusted EBITDA losses by 55% in the fiscal year ended March 2025. According to its consolidated annual financial statements sourced from the Registrar of Companies (RoC), Yubiโ€™s revenue from operations rose to Rs 660 crore in FY25 from Rs 484 crore in FY24. Yubi operates as a debt marketplace and infrastructure platform, connecting enterprises with banks and NBFCs for term loans, working capital, and other debt products. Transaction fees from successful loan closures remained the major revenue driver, contributing 48% of total operating revenue, which surged 55% to Rs 318 crore in FY25. Other income streams included platform services of Rs 98 crore, collection services of Rs 181 crore, and corporate database services of Rs 66 crore. The Peak XV Partners-backed company also earned Rs 53 crore from bank deposits and interest income, taking its total income to Rs 713 crore in FY25, up from Rs 562 crore in FY24. With respect to expenses, employee benefits continued to be the largest cost component, forming around 40% of total expenditure, and rose to Rs 439 crore in FY25. This includes a non-cash ESOP expense of Rs 160 crore. Yubiโ€™s information technology costs and sales & marketing expenses stood at Rs 103 crore and Rs 32 crore, respectively. The debt marketplaceโ€™s total expenditure increased to Rs 1,116 crore in FY25, compared to Rs 939 crore in FY24. Consequently, Yubi reported a net loss of Rs 416 crore for the fiscal year. However, after excluding non-cash items such as ESOP costs, depreciation, and loss of net fair value changes, its adjusted EBITDA improved by 55%, narrowing to Rs 68.83 crore in FY25 from Rs 155 crore in FY24. Operationally, Yubi claims its lending platform facilitates nearly 80,000 loan transactions daily. The companyโ€™s MENA regionโ€™s business grew 200% during the year, and it is now expanding into Southeast Asia while preparing to enter the U.S. market in the coming year. To date, Yubi has raised over $250 million, including a $135 million Series B round that brought it to unicorn status. The company counts Vivitri Capital, Peak XV Partners, TVS Capital, Lightspeed, B Capital, Lightrock, Insight Luxembourg, and others among its investors.

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