Wednesday, April 24, 2024
Outlook.com
Outlook India
Outlook Business

Recur Club

Through the launch of this new programme, Recur Club wants to contribute significantly to the country’s sustainable growth

Eligible e-commerce sellers on the NimbusPost platform can avail flexible, transparent, non-dilutive, and repetitive growth capital of up to Rs 20 crore to turbocharge their revenues and amplify their growth

Buyofuel aims to grow 10x in this financial year by building a curated marketplace that caters to all stakeholders in the biofuel industry

The SaaS-enabled logistics platform will use the funds primarily for technology advancements and further building its brand amongst the D2C segment

The Pune-based data assurance software provider has utilised Recur Club's platform to raise capital thrice in the last 11 months

Recur Club has claimed that more than 50 per cent of Indian SaaS (software-as-a-service) companies are estimated to have a US presence, out of which a majority were banking with SVB

The global start-up ecosystem saw a significant course correction in 2022, receiving around $24 billion in equity capital, down from a record $42 billion in 2021

Recur Club collaborates with Faad Network to impact the start-up ecosystem with equity and alternate financing model

Last month, Recur Club bagged $30 million in a seed funding round led by Info Edge Ventures and Bill Gates-backed Village Global

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