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Delhi-based Ruptok Fintech acquires GoldUno in an all-stock deal
The acquisition solicits existing associations and customer base of the Mumbai-based company along with the expertise of the founding team which will help in strengthening Ruptok s foothold in India.
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Vinrak Technologies Private Limited, which owns GoldUno brand, in an all-stock deal.
With this acquisition, Ruptok Fintech, which currently has a presence in Delhi-NCR, will enter into the Mumbai market and will be offering logistics and technology solutions for gold loans at competitive prices to financial institutions, it said in a statement.
Founded in 2015, GoldUno offers Gold Loan from banks and NBFC s with a wide variety of schemes curated as per the customer’s need. As part of the deal, GoldUno s team as well as the founders will join Ruptok s team and will help the company with pan-India expansion. Ruptok will further join hands with the channel partners of Gold Uno, including Cath ....

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