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Yubi Reviews

Chennai, Tamil Nadu

4.0/ 5

3 reviews

Yubi, formerly known as CredAvenue, is a prominent Indian fintech company that has established itself as a global debt distribution marketplace. Founded in August 2020 by Gaurav Kumar and Vineet Sukumar, the company is headquartered in Chennai, Tamil Nadu. Yubi was born out of a vision to deepen debt markets and unlock the potential of enterprises by providing seamless access to capital. It addresses the critical issue of information asymmetry between borrowers and lenders, which traditionally leads to high transaction costs and slow turnarounds in the debt market. The company operates a unified, tech-enabled platform that manages the entire debt lifecycle, from discovery and investment to execution and fulfillment. Yubi connects over 17,000 enterprises with a network of more than 6,200 investors and 750 institutional lenders, including 80% of India's top public and private sector banks and over 150 large NBFCs. Its comprehensive product suite includes Yubi Loans (a corporate loan marketplace), Yubi Co.Lend (a partnership platform for joint lending), Yubi Pools (for securitization), Yubi Flow (supply chain financing), and Yubi Build (specifically for real estate and infrastructure financing). Additionally, through its subsidiary Aspero, the group facilitates fixed-income investments for retail investors and wealth managers. In 2022, Yubi achieved unicorn status after a $137 million Series B funding round, reaching a valuation of approximately $1.3 billion. The company is backed by high-profile global investors, including Peak XV Partners, Lightspeed, Insight Partners, B Capital Group, and Dragoneer Investment Group. Strategic acquisitions have also played a role in its growth, such as the purchase of Corpository, a credit underwriting firm, and Spocto, a leader in digital debt collections. These additions have allowed the Yubi Group to offer an end-to-end ecosystem that covers origination, credit decisioning, and collections. Financially, Yubi has shown significant growth, reporting an operating revenue of INR 660 crore for the fiscal year ending March 2025, a 36% year-on-year increase. While the company is still on a path to full profitability, reporting a net loss of INR 416 crore in FY25 due to expansion and employee benefit costs, it has successfully narrowed its adjusted EBITDA losses by 55%. The firm employs approximately 450 people and has expanded its geographical footprint beyond India to include the MENA region, with an office in Dubai, and plans to enter the United States and Southeast Asian markets. By leveraging advanced technologies like artificial intelligence, machine learning, and blockchain, Yubi continues to automate complex financial workflows and provide transparent, efficient credit infrastructure, aiming to drive long-term economic growth and financial inclusion.