Friday, April 19, 2024
Outlook.com
Outlook India
Outlook Business

Getvantage

GetVantage aims to supercharge growth for 200+ SaaS companies using recurring-revenue financing. The SaaS Accelerator Fund II will deploy Rs 250 crore over the next 12-18 months

This partnership will provide frictionless equity-free funding to high-growth-focussed D2C brands on its Zippee's fulfillment platform

India Digital SME Credit Report observes that the country is home to 64 million MSMEs, with a potential credit demand of $220 billion

The food start-up will utilise the newly-generated capital in marketing, product expansion, and retail distribution to achieve a 5X growth in net revenues in FY 24

With this license, the company aims to provide more flexible and accessible funding without equity dilution to thousands of emerging SMEs

This fundraiser is a part of the larger round the company is raising spearheaded by Mumbai Angels, Hyderabad Angels, Speed Fund, GetVantage, Finnvolve and angel investors

GetVantage and IPV are sector-agnostic financing platforms and claim to prioritise a founders-first approach while investing in early-stage start-ups and businesses