Friday, December 02, 2022
Outlook.com
Outlook India
Outlook Business
+

Recur Club Appoints Swarandeep Singh, Seeks To Bolster Its Footprints In Fintech World

This month, Recur Club joined hands with Titan Capital to provide up to Rs 100 crore in recurring revenue-based financing to its portfolio companies

Recur Club Appoints Swarandeep Singh, Seeks To Bolster Its Footprints In Fintech World
Swarandeep Singh Kambo, senior director of growth, Recur Club
Press Release
POSTED ON November 24, 2022 9:43 PM

Delhi-based fintech company Recur Club has appointed Swarandeep Singh Kambo as senior director of growth to bolster its footprint in India’s fintech world, He will be responsible for the company’s growth strategy and operational framework. 

Prior to Recur Club, Kambo was associated with organsiations including Lykke Capital and Unleash. With more than 11 years of experience in investment and portfolio management, he has collaborated with more than 1000 companies till date as a venture capitalist. 

Talking about Kambo's appointment, Eklavya Gupta, founder of Recur Club said, “Swarandeep’s strategic experience of being a VC, investment banker, and running an angel syndicate precedes him. I believe that his experience of working with multi-functional teams will further drive our vision and solidify Recur Club’s core value proposition in our domestic market.”

“The non-dilutive model of funding offered by the organization is a game-changer for the industry, especially for emerging startups in a competitive market like India. Delving into my time and experience as an angel investor and the insights I obtained over the years, I aim to help the company expand its operational reach and presence through targeted strategic partnerships and new growth initiatives,” Kambo said while addressing his new role. 

Founded in 2021, Recur Club bagged $30 million in a seed funding round led by InfoEdge Ventures, Microsoft founder Bill Gates and Jeff Bezos-backed Village Global. The company claimed to achieve a 200 per cent month-over-month growth since January. 

This month, Recur Club joined hands with Titan Capital to provide up to Rs 100 crore in recurring revenue-based financing to its portfolio companies. 

  • Related Articles

    CareStack will double its headcount to 600 by the end of 2023

    CareStack Opens New Office In Thiruvananthapuram, To Hire More Employees

    IndiaMART's subsidiary TradeZeal Online recently decided to sell 4,850 shares of Instant Procurement, ProcMart's parent company to Sixth Sense Ventures

    B2B Platform ProcMart Raises $10 Million In Series A Funding Round

    With this acquisition, the company aims to raise $100-200 million rapidly

    SS Innovations Acquires Nasdaq-Listed AVRA Medical Robotics