Anurakt claims that Klub is currently pioneering the revenue-based financing space in India through its two products, Klub Blaze & Klub Gro, curated to meet the needs of brands across sectors and stages. Klub also does repeat rounds of financing, and has completed up to five rounds of financing with a few companies as their revenue scales. This number is projected to hit $42 billion by 2027, growing at a meteoric CAGR of 61.8 percent from 2020 to 2027.Īs with most revenue-based financing services, Klub takes a percentage of the revenue generated by companies it provides funding to. Revenue-based finance startup Klub raises $20M in seed round Business modelĪs per a recent report by Allied Market Research, the global revenue-based financing market was valued at $901 million in 2019. The current team of Klub comes with diverse backgrounds across credit, venture capital, investment banking, legal, lending operations and risk analytics. With a team size of 30 members, Klub is looking to add more team members for its next phase of growth. She graduated from Lady Shri Ram, Delhi and holds an MBA from IIM Bangalore. Ishita, who is COO of Klub, has over 9 years of experience across early stage investment banking, investing, and public/private equity markets. Anurakt graduated from IIT Delhi, holds an MBA from The Wharton School, and is a CFA charter holder.
#The Klub 17 professional
He also brings years of professional experience as a venture capitalist with DFJ and Vertex, and as an angel investor. The teamīefore co-founding Klub, CEO Anurakt was an intrapreneur at InMobi, and part of the team which created two global businesses, Glance and TruFactor, as core growth areas. In this day and age, besides just providing financing to businesses, it is imperative to also match them to the right capital partner, based on the risk and return profile, allowing founders to focus on driving business growth. The flexible revenue-based finance approach helps founders and investors to come together as an ecosystem. Klub’s USP remains in its hybrid marketplace approach. These include solutions in digital marketing, influencer marketing, loyalty, buy now pay later, logistics, distribution etc. Beyond capital, Klub connects the startup with different kinds of partners in the ecosystem that can help them scale. Companies can avail capital within just a few days, making Klub a very efficient, speedy, and scalable financing partner. Klub asks startup founders to plug their revenue channels via third party integrations into its platform, following which its proprietary credit engine provides initial offers within a matter of hours, and final term sheets within a couple of days. Through its hybrid marketplace setup, Klub has completed 150+ investments. Depending on the business raising capital, Klub’s platform matches it to the right capital provider. Klub is an ideal investment platform for businesses that need flexible, non-dilutive capital, but at the same time, want to retain complete control of their business. This is even more apparent in the case of local digital-first businesses.
Many entrepreneurs find it difficult to access capital, despite having solid products, increasing revenues, and a loyal customer base. With over 25 years of collective experience in the investment sector, Ishita and Anurakt realised that the one-size-fits-all approach of traditional modes of equity and debt capital does not always meet the financing requirements of every business. Through its revenue-based financing model, Klub takes a revenue share as returns instead of equity dilution or fixed EMIs, making it ideal for startups looking for quick funds without the arduous pitching process.
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