Business Description:Rupeetalk is a company operating in the domain of personal finance. It aims to be a one-stop solution provider for all personal finance products like Credit Cards, Loans, Insurance, Saving Accounts, Mutual Funds etc.
Through its website www.rupeetalk.com, it reaches out to common people in India to educate them on personal finance and helps them in choosing the right product. It caters to all, be it a salaried individual, businessman, a student or a pensioner.
It enables a customer to search for a product, compare it with its peers, and then select and apply for the one that suits him/her the best. Almost 40000 customers have benefited from www.rupeetalk.com till date and growing at the rate of 200% - 300% every month.
Industry:Finance
Founded in:2007
Source of idea:Replicated or modified an idea encountered through previous employment
Significant Competitors:www.apnaloan.com, www.deal4loans.com, www.loanwala.com, www.loanraja.com
Company Details :
Company Name:Rupeetalk
HeadQuarters:Mumbai
Stage of the company:Several customers or locations
No of Employees (2006):Did not exist
No of Employees (2007):16-25
Office Locations(2006):Did not exist
Office Locations(2007):0-1
No of companies promoted:No
Profits (2006):Did not exist
Profits (2007):
>Partnerships:Rupeetalk has tie-ups with HDFC BANK, Deutsche Bank, Standard Chartered Bank, Reliance, Kotak, Barclays Bank and is in the process of tying up with another 10 banks in the country. We are showing their product details on our website in order to facilitate the comparison and application of the products.
Initial Funding:Personal savings
Addl Funding:Venture capital
Institutitional Capital:Yes
Revneue Model:Two ways - primary source of income will lead to sales,which is to charge banks (flat rate Rs. 100 to Rs. 300) for every customer contact information passed on to them, and secondary source of income will be advertising revenue, which is to sell space for banner placement on the website to other companies.
Awards & honors:None so far
Promoters Details :
Promoters Name(s):Satkam Divya
Age:31
HomeTown:Patna
Education:Masters
No of companies promoted:No
Family Background:First gen entrepreneur
Job:Product Head at Times Financial Services
Ex-Job Description:Asset & Liabilities
Favorite Book/Movie:Lagaan
