Hyderabad, Aug 19: UpTik, India’s fastest-growing structured alternative investment platform, has achieved a significant business milestone by reaching ₹12 crore in monthly lending, marking another strong step in its rapid growth trajectory and strengthening its position in India’s emerging alternative credit ecosystem.
The milestone reflects the growing scale of UpTik’s lending and invoice financing operations, as the company continues to connect businesses seeking working capital with investors.
UpTik’s growth has been supported by a strong operating track record. The company has demonstrated a strong growth trajectory, reporting more than ₹60 crore in total deployed capital over the last 14 months, 65% average month-on-month growth, and a 35x scale-up in volume in the last one year.
UpTik’s core offering focuses on invoice discounting, enabling MSMEs and vendors to unlock working capital against verified invoices raised on large corporate buyers. Under the platform’s model, vendors can receive funds within two to three days, while invoice tenures typically range from 30 to 90 days. The company uses escrow-backed mechanisms and legally enforceable contracts to facilitate transactions between businesses and investors. The platform has been designed around discounting highly rated corporates invoices.
The company has a strong tech stack enabled by AI-powered credit approval engine designed to assess invoice authenticity, buyer risk and MSME creditworthiness, alongside blockchain-based invoice discounting aimed at improving auditability, transparency and repayment processes.
Commenting on the milestone, Vinod Varma, Founder of UpTik, said,
“Reaching ₹12 crore in monthly lending is an important milestone for UpTik and a strong validation of the demand for faster, technology-led access to credit. Our objective is not simply to grow volumes, but to build a responsible alternative credit platform where strong underwriting, transparency and technology work together. This milestone gives us further confidence as we scale our lending ecosystem and expand our reach across MSMEs, investors and institutional partners.”
The company’s strategic advisory board also brings significant experience from global banking, finance and law, including senior professionals associated with ICICI Bank, Westpac, Standard Chartered, Citibank and K&L Gates.
The company’s growth trajectory is supported by its ISO 9001:2015 Quality Management and ISO 31001:2018 Risk Management certifications, reflecting its stated focus on process excellence, risk governance, compliance and investor protection.
As UpTik continues to scale its lending operations, the company aims to strengthen its role in bridging India’s significant MSME credit gap while creating broader access to structured, real-economy-backed alternative investment opportunities.