As of 14 Oct 2026, RocketPay has raised $1.1M across 1 verified round on record (amounts in other currencies converted to USD); latest: Rs 10 crore funding round led by Sandeep Jain and Group, announced 14 Oct 2026.
Collections Infrastructure for Indian Lenders
rocketpay.co.inLinkedInFounded 2022
3 sources · checked 1 time, last 17m ago
Sources differ on the lead’s naming: “Sandeep Jain and Group” versus “Sandeep Jain.” Source 1 abbreviates Inflection Point Ventures as “IPV”; the expanded name is used here.
| Round | Amount | Announced | Lead | Buzz |
|---|---|---|---|---|
| Funding round | $1.1M Rs 10 crore | 2026-10-14 | Sandeep Jain and Group | 3 outlets. #44 in Trending |
3 sources · checked 1 time, last 17m ago [ VERIFIED · CORRECTED ] read against 3 sources
Sources differ on the lead’s naming: “Sandeep Jain and Group” versus “Sandeep Jain.” Source 1 abbreviates Inflection Point Ventures as “IPV”; the expanded name is used here. | ||||
RocketPay builds UPI Autopay, eNACH and device-level collections infrastructure that helps Indian lenders and businesses automatically collect EMIs, deposits, trade credit and subscriptions.
RocketPay says India's collections layer is broken because lenders and businesses often learn about defaults too late, while its mandate workflows, smart retries and device-level locking are designed to prevent losses before they happen. The latest Rs 10 crore round supports its expansion from digital collections into recovery infrastructure and financed-device recovery as an RBI device-locking framework is due to take effect on January 1, 2027, with the company reporting 10x revenue growth between FY24 and FY26.
Checked against 9 sources today
Also named as backers in company research: All In Capital, Blume Ventures, AngelList, Venture Catalysts, Bombay Shaving Company, Warmup Ventures, Ramakant Sharma, Kunal Shah