RedCarpet issues credit cards to untapped consumers in India. Currently we are one of the largest issuers of credit lines to the new-to-credit customer in India. In a population base of 800 million people with bank accounts, there are less than 40 million credit cards. By building a fullstack SDK for card issuance, underwriting as well as holding capital & collection ops, we are looking to build the Capital One of India.

• We have over 1.7 lakh plastic in 28 cities and a couple of million users of virtual revolving credit on our app. Our products include different kinds of cards as well as the new upcoming UPI 2.0 Overdraft system.

• At RedCarpet, we have built and own the stack - everything from acquisition to underwriting to collections is built in house.none of our software is outsourced.

• We are beating the industry on tech and have one of the best performance in the industry. We see the industry and regulatory tailwinds in the near future - we want to be the first startup to get a credit cards license from the RBI. We are already one of the first startups to get a NBFC license from the RBI.

• We are targeting a multi-billion dollar market (on the lower end) while building a fundamental #MakeInIndia company. We work closely with the Niti Aayog, RBI, NPCI and the Startupindia/DIPP and contribute our policy papers and opinions on a highly regulated space like lending.

• We have chosen to take a higher ethical ground through design, long before privacy concerns ever surfaced in India - https://www.redcarpetup.com/2017/11/29/design-for-honesty/

• We are building the Capital One of India. We are not a neobank. We are creating very smart, high engagement, revolving credit products for India. Think credit cards and UPI 2.0 OD accounts - we will build on top of all kinds of regulatory infrastructure.

• This is who we are 'https://www.redcarpetup.com/careers/ and https://www.instagram.com/redcarpetuplife/'