Klub’s Rs 200 Crore Revenue Based Financing Fund Backs 15 Growth Stage Companies in 3 Months

Klub’s Rs 200 Crore Revenue Based Financing Fund Backs 15 Growth Stage Companies in 3 Months

Bangalore (Karnataka) [India], May 5 (ANI/BusinessWire India): India’s leading Revenue Based Financing platform, today announced that it has funded more than 15 growth & late-stage online businesses through its Rs 200 crores Revenue Based Financing fund.

India, UK space firms ink pact for next gen satellite broadband internet

BENGALURU: Astrome Technologies, an India and US-based 5G an , an India and US-based 5G and satellite communication product company headquartered in Bengaluru and UK-based Methera Global Communications, a MEO (medium Earth orbit) satellite constellation company have signed an MoU to establish a strategic partnership with focus on supporting India and International market needs.

Uncollateralized Lending Platform Truefi Reveals $100 Million Single-Borrower Pool Designed for Blockchain.com

The crypto firm Blockchain.com has revealed it has secured up to $100 million in liquidity from Truefi’s single-borrower pool. The pool will be initially capped at $100 million over the first year and Blockchain.com aims to use the funds to bolster its own “liquidity pools, leverage trading support, and book of lending services.”

Indian fintech start-up Recur Club secures $30m seed funding

Indian alternative B2B financing start-up Recur Club has raised $30 million in seed funding made up of a combination of equity and debt allocation from InfoEdge Ventures, Village Global and Titan Capital, among others.

DealShare to sharpen focus on acquiring smaller brands

Grocery-focused social commerce startup DealShare will sharpen its focus on acquiring smaller brands, and small- and medium-sized enterprises (SMEs) among others to fuel its growth in the coming year

These 5 deep tech startups have become hot targets for investors

Deep tech startups, popular among investors, are expected to continue creating a huge impact in areas like AI (artificial intelligence), ML (machine learning), IoT (Internet of Things), AR/VR, big data, language processing, vision and speech algorithms, robotics and blockchain.

5 drone startups that are reshaping the future of technology

Drones played a pivotal role during the COVID-19 pandemic, when social isolation and distancing was the only way to escape being infected. At the peak of the wave, several news reports pointed to how drones were being used in some of the remotest corners of India to make medicines and other health supplies available. The drone industry in India has bloomed due to its various uses in civilian, commercial, and defence sectors.

Recur Technologies announces $30 million fundraising

Kolkata: Recur Technologies PTE, a Singapore-based financing platform, announced fundraising of $30 million in a combination of equity and debt from a clutch of Indian investors.

Recur Club Bags $30 Mn In A Seed Funding From Info Edge & Village Global

After putting in his papers at Gartner, Abhinav Sherwal, was enjoying his sabbatical in the Himalayas. Twenty days into the retreat, he received a call from his fellow IIM-Calcutta alumni and close friend Eklavya Gupta about a ‘billion-dollar’ idea. Cutting short his trip, Sherwal came and met Gupta and, in a span of a week, brainstormed an idea that would later transform into Recur Club.

InfoEdge, Village Global lead $30-million seed round in fintech platform Recur Club

Recur Club raised $30 million in its seed-funding round, the business-to-business (B2B) fintech platform said on April 19. The round was led by Zomato and PB Fintech investor InfoEdge Ventures and Silicon Valley fund Village Global.