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Launch · Financial Services

Rupeeflo launches nuvanta platform for global investors

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Date
Company
Rupeeflo
What it does
Digital platform for NRI financial services
Kind
Launch
Based in
Mumbai
Founded
2024
Sector
Financial Services

What they do

Rupeeflo provides a digital platform helping non-resident Indians manage banking, investments, and regulatory compliance within India from remote locations

What happened

The company launched nuvanta, a unified workflow platform that integrates identity verification, document processing, e-notarisation, and credit risk…

Why it matters

The platform has already facilitated $20 billion in deposits and is used by major financial institutions like Zerodha and Axis Securities

The details

  • Rupeeflo officially launched its nuvanta platform at the Rupeeflo Summit 2026 in Mumbai.
  • The platform combines identity verification, document processing, e-notarisation, digital signing, and credit risk analytics into a single workflow.
  • It is designed to serve NRIs, OCIs, foreign nationals, and entities across more than 60 countries.
  • The system reduces customer onboarding time from several weeks to under 60 minutes.
  • Nuvanta has already processed over 30,000 documents and supports more than 14,000 different document types.
  • The platform has facilitated approximately $20 billion in FCNR(B) deposits through various Indian banking integrations.

The bigger picture

  • The launch event focused on regulatory reforms aimed at simplifying foreign investment processes into India.
  • The summit was attended by senior officials from the RBI, SEBI, IFSCA, and NSDL.
  • The platform supports complex financial journeys including FDI and FPI pipelines and activities within GIFT City.

About the business

  • Rupeeflo operates a platform for NRIs to bank, invest, and maintain regulatory compliance in India remotely.
  • Core services include NRI Demat account support, digital notarisation, document courier services, and money transfers.
  • Nuvanta is currently used by over 20 financial institutions, including Zerodha, Groww, and Axis Securities, for DEMAT account openings.
  • The platform has successfully onboarded over 25,000 global investors to date.
  • Digital signing features on the platform support DSC, Aadhaar e-Sign, and ID-backed signatures.
  • Live digital notarisation is provided through licensed officers integrated directly into the workflow.

The deal

Type
launch

Investors

  • Piper Serica (existing) — An investment firm that has funded Rupeeflo.

About Rupeeflo

Product
A full-stack NRI financial platform for opening NRE/NRO accounts and accessing Indian investments digitally.
Customers
Non-resident Indians, starting with users in the U.S. and U.K.
How it makes money
It likely makes money from financial account and investment distribution services for NRIs.
What sets it apart
Paperless account opening in under 10 minutes with streamlined access to Indian financial products.
Operations
It is starting with the U.S. and U.K. and plans to expand across global NRI hubs.

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