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…
Klub, a revenue-based financing platform, announced the appointment of IIT Bombay alumnus Prashant Bhadauria as the Senior Vice President of Technology and Product. As the SVP at Klub, Prashant would be responsible for leading its team of engineers and product managers in evolving and expanding its technology solutions. Under Prashant’s leadership, Klub is expected to grow…
Assisted living space startup Arcatron Mobility has secured an undisclosed sum in growth financing through fintech platform Klub. Speaking on the investment, Ganesh Sonawane, Co-founder and CEO of Arcatron Mobility, commented, “We started Arcatron to build world-class mobility devices and offer assistive, adaptive, and rehabilitative devices for people with limited mobility. Arcatron has grown year…
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…