RedCarpetUp.com is a fintech startup based in New Delhi, India, that specializes in microlending and credit solutions for underserved populations. Founded in 2016, the company aims to provide instant credit access through AI-driven underwriting models. It has raised approximately ₹55.55 Cr (around $7.4M) in funding, including a Series A round led by Lightspeed Venture Partners and Moonstone Investment. The company offers a microlending platform that provides instant credit scoring and purchase financing, particularly for students and individuals without traditional credit histories. Its mobile app and APIs facilitate seamless credit access, allowing users to make online purchases and pay in installments. RedCarpetUp.com focuses on serving students and young professionals, with nearly 500,000 app users benefiting from its services. The company differentiates itself with instant approvals and a smartphone-centric approach, addressing gaps in India's credit infrastructure.