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InFocus News

LPU: RCMH Card Startup Received Massive Funding of INR 5 Crores

It is different from traditional debit and credit cards because the single card will perform multiple tasks as mentioned above and students doesn’t get credit cards and through our card students will get the discount on various brands from 2 to 25%. 

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SMEStreet Edit Desk
11 Apr 2025 17:29 IST

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Every student needs to carry different cards like debit card, college identity card, metro cards, membership cards etc. We at RCMH are combining all these cards into a single card i.e. our card will act as a college identity card, students can make payments through the cards, and it will also act as membership card and will give travel benefits to the students.

It is different from traditional debit and credit cards because the single card will perform multiple tasks as mentioned above and students doesn’t get credit cards and through our card students will get the discount on various brands from 2 to 25%. 

Use of funds- 

Card has multiple offerings which would help students to get financial freedom from different perspectives so the fund will be used in marketing and branding.

Priyanka Kakkar, from BHU, a young and ambitious student, found incredible value in the RCMH Card as she balanced her academics and career aspirations. Using the card, she enjoyed exclusive discounts while dining at her favorite restaurants, making her outings more affordable. More importantly, she leveraged the card’s benefits to enroll in professional courses offered by top organizations at a discounted rate, enhancing her skills without financial strain. The RCMH Card not only helped her save money but also empowered her to invest in her future, making education and lifestyle more accessible and rewarding.

 

LPU Learning Travel RCMH
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