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RedCarpetUp

YC S15

Gurugram, IN · Founded 2016 · 100 employees · 3 known investors

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RedCarpet issues credit cards to Indian consumers who lack credit history and cannot obtain cards from traditional banks. The company provides an end-to-end platform for card issuance, underwriting, and servicing to reach a largely underserved population.

Also known as RedCarpetUp, Inc., RedCarpet Tech Private Limited

FintechIndiaSouth AsiaFully Remote

Founders & leadership· Y Combinator alumni (S15)

RedCarpetUp was founded in 2016 by Kartik Venkataraman.

KVKartik Venkataraman
Kartik VenkataramanFounder and CEOKartik Venkataraman attended IIT Delhi and UIUC, and founded RedCarpetUp, a startup in the YC S15 batch.
SS
sandeep srinivasa

Investors · 3

Lightspeed India PartnersreportedBengaluru

How we know: Y Combinator's founder network · Not right? Tell us

Lightspeed Venture PartnersreportedMenlo Park · $1M – $5M

How we know: funding news · Not right? Tell us

Founder mafia

3 people who came through RedCarpetUp went on to found or lead other companies.

Shahul ESData ScientistFounded Ragas +1Sagar SoniSoftware EngineerFounded RequestlyDhruv AgarwalInternFounded Middleware

Related companies · 5

Swipe TechnologiesSwipe Technologies operates Float, a cross-border business payment platform, and Accounteer, a cloud-based accounting and bookkeeping service for companies and independent professionals.
Pantore PayPantore Pay offers working capital credit to Brazilian businesses, enabling them to pay suppliers and manage cash flow with weekly repayment terms. The platform provides flexible credit lines that grow based on payment history, accessible through a mobile app.
PaperplanePaperplane provides credit risk prediction for building supplies merchants using transaction data and sales representative input to identify customers at risk of default weeks before traditional credit assessment methods.
AltroAltro provides a mobile card that offers users a small line of credit to pay for subscriptions they already have, allowing them to build credit histories without traditional lending products. The service targets people who have been unable to access credit through conventional banking channels.
PagaloopPagaloop is an SDK and API platform that enables developers to embed government payment collection directly into their applications, supporting taxes, permits, and municipal services across Mexico City and federal agencies. The platform integrates with ERPs, fintechs, wallets, and municipal portals, handling card, SPEI, and cash payments with fraud detection and regulatory compliance built in.

Companies working in the same space as RedCarpetUp.

Legal entities · 2

corporate structure
RedCarpetUp
RedCarpetUp, Inc., RedCarpet Tech Private Limited

Frequently asked questions

What does RedCarpetUp do?
RedCarpet issues credit cards to Indian consumers who lack credit history and cannot obtain cards from traditional banks. The company provides an end-to-end platform for card issuance, underwriting, and servicing to reach a largely underserved population.
Who founded RedCarpetUp?
RedCarpetUp was founded by Kartik Venkataraman in 2016.
Who are RedCarpetUp's investors?
RedCarpetUp's investors include Y Combinator, Lightspeed India Partners, Lightspeed Venture Partners.
Where is RedCarpetUp headquartered?
RedCarpetUp is headquartered in Gurugram, IN.