Red Fort Capital funded Up Money Ltd to provide easy credit in rural parts of India for, two-wheelers loans, three wheeler loans and Micro, Small & Medium Enterprises (MSMEs) for advancement of livelihood.
Loan Amount: ₹5 Crores
Use of Capital: Working Capital Loan
Location: Ludhiana, Punjab
UpMoney has a strong network with over 1100 employees and a reach in 8200+ villages with 50+ operational branches and 250+ two wheeler dealer network spread all over in Punjab, Chandigarh, Haryana and Himachal Pradesh.
