Chennai-based Yubi Group, a debt marketplace, has raised a total of Rs 411 crore in a fresh funding, including Rs 75 crore in equity from founder and CEO Gaurav Kumar.

The round also includes a mix of debt and equity of up to Rs 336 crore from EvolutionX Debt Capital, a growth-stage debt financing platform.

With this new equity infusion by the founder, Kumar’s equity investment in the company has crossed Rs 330 crore. I n August 2024, Kumar had infused Rs 250 crore in Yubi .

The funding is expected to be deployed for accelerating Yubi’s geographic expansion into the south east Asia and the US markets. It will also look to strengthen Yubi’s presence in the Middle East.

According to the media statement, the company will also use the funds to develop proprietary AI products that will he

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