Categories
Investment

Revenue-based financing platform Klub marks final close of its Rs 200 cr maiden fund

Sequoia Capital-backed revenue-based financing platform Klub has marked the final close of its maiden Rs 200 crore revenue-based debt fund to back consumer tech companies ahead of the festive season, according to moneycontrol report. Acceler8, a SEBI (Securities and exchange board of India)-registered Category II Alternative Investment Fund, which was launched in December last year, has invested […]

Categories
Investment

Klub raises $2 million in pre-seed round of funding

Klub, a fintech play providing growth financing, has raised $2 million in a pre-seed round from Surge, Sequoia India’s rapid scale-up programme, and a group of angel investors. The company was founded by Anurakt Jain and Ishita Verma. The company will utilize these funds to strengthen their technology and increase the team bandwidth.  In a […]