Company: Yubi



Overview


Yubi, founded in 2020 by CEO Gaurav Kumar, is a technology company focused on managing the full debt lifecycle. Headquartered in Chennai, Tamil Nadu, Yubi operates within the financial services industry, serving over 17,000 enterprises and facilitating more than ₹1,40,000 Cr in debt volumes. The company has reduced collections costs by 57% and employs between 501 and 1,000 people. Yubi is backed by several distinguished investors, including Peak XV, Lightspeed, Lightrock, TVS Capital Group, B Capital Group, Dragoneer Investment Group, and Insight Partners. The Board of Directors is chaired by Atanu Chakraborty.

Mission and Vision


Yubi aims to deepen the debt market and democratize the flow of capital. The company’s technology infrastructure, credit marketplace, risk evaluation, and collections platforms facilitate every stage of the money flow from lenders to borrowers and back. Its mission is to create a transparent and responsible ecosystem, fostering inclusivity and transforming the financial landscape.

Products and Services


Yubi offers a comprehensive suite of products and services designed to meet the debt needs of organizations:
  • SpoctoX: Debt Collection Software

  • Yubi Co.Lend: Core Banking Systems

  • Yubi Credit Market

  • Yubi Invest

  • Yubi Pools


Key Leadership


  • Gaurav Kumar: Founder & CEO, has been pivotal in driving Yubi’s growth since its inception. He holds a strong academic background from Delhi University.

  • Bharat Krishnamurthy: Chief Technology Officer (CTO), responsible for technological advancements and developing Yubi’s digital platform.

  • Krishnendu Majumdar: Chief Product and Technology Officer (CPTO), instrumental in steering Yubi’s product strategy and technological innovation.

  • M.S.R: Chief Data Officer.

  • A.M: Chief Human Resources Officer.

  • A.G: Group Chief Information Security Officer.

  • V.M: Chief Operating Officer, Fixed Income Platform.

  • T.A: Founder Currency Exchange.

  • Y.B: Founder & CEO.


Investors


Yubi has garnered interest and financial backing from prestigious investors:
  • Peak XV

  • Lightspeed

  • Lightrock

  • TVS Capital Group

  • B Capital Group

  • Dragoneer Investment Group

  • Insight Partners


Recent Developments


  • New Identity Launch: Yubi recently consolidated its group companies, Corpository and Finfort, under a new identity, Accumn, aiming to create a comprehensive AI-ML first credit decisioning platform.

  • Partnerships: Yubi has partnered with companies such as KreditBee and axio to revolutionize financial services in India through embedded finance and co-lending models.

  • Unified Lending Interface: Yubi is engaged in discussions regarding the implementation of the Reserve Bank of India's Unified Lending Interface (ULI), promising faster loan approvals and tailored credit solutions.


Employee Insights


Yubi has a strong LinkedIn following with 72,215 followers and features a dynamic culture emphasizing technological innovation and financial inclusion. Notable employees include:
  • Bharat Krishnamurthy, CTO

  • Krishnendu Majumdar, CPTO

  • Peeyush Jain, Builder of the advanced Supply Chain Finance Platform

  • Sakshi Chopra

  • Atanu Chakraborty, Chairman


Key Financial Metrics


  • Facilitated debt volumes: ₹1,40,000 Cr.

  • Enterprises served: 17,000+.

  • Investors & lenders: 6,200+.

  • Collections cost reduction: 57%.


Competitor Profile



Competitors


1. Saarthi.ai: Focuses on artificial intelligence and language technology, targeting AI-driven conversational solutions.
2. Sansan: Offers digital business card management solutions and other lead generation tools.
3. Crediwatch: Utilizes AI/ML to provide predictive analytics and actionable intelligence for businesses' health monitoring.
4. Perfios: Specializes in real-time credit decisioning, onboarding automation, due diligence, and monitoring.
5. CreditVidya: Innovates in the alternative credit scoring space with AI/ML technologies.

Similar Companies


  • Logitech: Operating in diverse technology sectors with revenues in the multi-billion range.

  • Vortex: Smaller scale with significant market impact.

  • Corsair: Comparable in size and reach within the technology hardware space.


Operational Footprint


  • Headquarters: Prestige Polygon, 12th floor, A-Wing, 471, Anna Salai, Nandanam Chennai, Tamil Nadu 600035, India.

  • Global Presence: Employees across six continents, including Asia, North America, and Europe.

  • Employee Headcount: Approximately 1,100 as of September 2024.


Technological Footprint


Yubi offers a robust technological infrastructure designed to streamline and enhance each stage of the debt lifecycle, including:
  • Credit Marketplace

  • Risk Evaluation Framework

  • Collections Platforms


Market Expansion Potential


Yubi serves over 17,000 enterprises and 6,200 investors & lenders, highlighting its expansive market coverage and potential for growth. Yubi’s technology facilitates significant cost savings and efficiency improvements, providing a compelling value proposition for potential partners and clients.

Industry Recognition and Strategic Vision


Yubi has established a mission to deepen the debt market and democratize capital flow. It is positioned as a transformative entity in financial services with emphasis on inclusivity and transparency.

Contact Information


  • Email Format: Yubi employs email formats primarily in the form of First.Last@go-yubi.com.

  • Phone and Email Contacts: Specific contact information is available for key team members and executives.