UpTik Hits ₹12 Crore Monthly Lending Milestone in India’s Alternative Credit Market

Hyderabad-based structured alternative investment platform UpTik has achieved ₹12 crore in monthly lending. This milestone marks a significant step in the company’s growth trajectory as it expands its footprint within India’s alternative credit ecosystem, connecting working capital-seeking businesses with investors through its invoice financing operations.

Operational Growth and Financial Track Record:
The achievement is backed by substantial growth metrics over the past year. UpTik has deployed more than ₹60 crore in total capital over the last 14 months, recording an average month-on-month growth rate of 65% and a 35x expansion in volume over the past 12 months.

Core Business Model and Escrow Mechanisms:
UpTik’s primary product centers on invoice discounting for micro, small, and medium enterprises (MSMEs) and vendors. The platform allows these businesses to unlock working capital against verified invoices issued to highly-rated corporate buyers.

Capital Dispersal: Vendors receive funding within two to three days.

Tenure: Invoice terms range between 30 and 90 days.

Structure: Transactions are secured using escrow-backed mechanisms and legally enforceable contracts to safeguard investor and business interests.

Technology Infrastructure and Governance Standards:
The platform’s operations are supported by an AI-powered credit approval engine that evaluates invoice authenticity, buyer risk, and vendor creditworthiness. Additionally, UpTik utilizes blockchain technology within its invoice discounting processes to enhance transparency, auditability, and repayment management. The company maintains ISO 9001:2015 (Quality Management) and ISO 31001:2018 (Risk Management) certifications to support its compliance and risk governance framework.

Leadership Commentary and Strategic Outlook:
Vinod Varma, Founder of UpTik, noted that reaching the ₹12 crore monthly threshold validates the market demand for technology-driven credit access. He emphasized that the company’s focus remains on combining strict underwriting and transparency with technology as it scales its reach across MSMEs, institutional partners, and investors. UpTik’s strategic advisory board includes professionals with background experience at institutions such as ICICI Bank, Westpac, Standard Chartered, Citibank, and K&L Gates.