About RedCarpet

RedCarpet lends to customers in India to finance their online purchases - ecommerce, travel etc. In India, credit and finance companies are able to service less than 3% of the customer base because there is no data, no widespread credit bureaus to profile and score customers. RedCarpet has access to much more data, including data on your mobile phone. We use this data to service customers who never had any access to credit before.
Our design philosophy at RedCarpet is called "Design for Honesty". We are acutely aware of the responsibility we have to safeguard our customer data. At every stage of the journey - right from asking for data (and guiding users through "Permission Blindness") to hardware encrypting PII data, we do it all

WE ARE THE CRAZY ONES WHO BELIEVE IN YOU!

90% of ecommerce in India is cash on delivery. That is almost 4 billion USD of credit floating around - but not managed and packaged as credit and risk. What it means is that we are building structure around something that already happens at a large scale in India… just not built right.
By building better credit & lending infrastructure, we want to enable more people to access credit. Our job starts BEFORE you start using a payment gateway or a wallet - we believe the basic problem in the trillion dollar Indian economy is access to liquidity. Our aim is to expand the credit economy — simply replacing the legacy credit providers/banks would probably be a great business success, but it’s not all that interesting as a goal.

Meet Our team

Sandeep Srinivasa

Director

Abhay Tamaria

Vice president

Ananth

Engineering

Ankit Aggarwal

Operations

Balram Pandey

Engineering

Balram Singh

Collections

Chandan Kumar

Management

Jatin Ginotra

Operations

Kartik venkatraman

Director

Lovejeet

Engineering

Madhu

Operations

Radheshyam Chaudhary

Operations

Raghav Sharma

Engineering

Rajhans Jadhao

Engineering

Rahul Kumar Garg

Operations

Shivam

Operations

Swagat Sarma

Risk & Policy

Yasir

operations

Our Backers

Aditi

Investor

Amar Umap

Investor

Gaurav Bhatia

Investor

Balaji

Investor

Justin kan

Ycombinator

Justin sullivan

SHINRYOKU

Krishnaprem

Oracle

Prafulla

CEO, COSEER

Sanjay Suri

CEO,Technocrat