Fintech platform Yubi Group has raised Rs 411 crore (around $46.3 million) in a new funding round which includes a long-term structured debt facility and Rs 336 crore (around $37.9 million) in equity from EvolutionX Debt Capital.
Founder and CEO Gaurav Kumar has also invested Rs 75 crore, taking his total equity investment in the company to more than Rs 330 crore ($37.2 million).
The proceeds will be used to expand operations in Southeast Asia and the US, strengthen Yubi’s presence in the Middle East, and increase investment in its AI products. It…

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