Positive impactSector
Rupeeflo bets on GIFT City, targets 30% revenue share as Bengaluru-based fintech eyes payments play
BusinessLine 1 hr ago·16 Oct 2026, 2:23 pm
Rupeeflo, a Bengaluru-based fintech startup founded in late 2024, is expanding its operations by targeting the Gujarat International Finance Tec-City (GIFT City). The company aims to secure a significant portion of its future revenue from the international financial hub, which is designed to attract global business and offer a distinct regulatory environment.
This move is notable for investors as it signals the startup's ambition to leverage GIFT City's unique ecosystem. By focusing on a specialized financial zone, Rupeeflo hopes to differentiate itself in the competitive payments sector, potentially attracting higher-value transactions and partnerships.
Investors should watch for updates on Rupeeflo's progress in establishing a physical presence or digital infrastructure within GIFT City. Any news regarding key partnerships or regulatory approvals will be critical in assessing the startup's ability to execute its strategy and scale its business.
Excerpt from BusinessLine
Rupeeflo, a Bengaluru-based fintech start-up building cross-border financial infrastructure for Indian financial institutions, wants GIFT City to contribute up to 30 per cent of its revenue over the next year, as it prepares to move beyond investor onboarding into payments. The company, which currently derives less…Read the original at BusinessLine
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