Debt Financing
Financing platform for SMEs Klub raises Rs.20-Cr from Trifecta Capital
Revenue-based financing platform Klub has raised INR 20 crore (USD 2.7 million) debt in a round led by Trifecta Capital. The proceeds will be used to ramp up its technology, product and assets under management (AUM). Founded by Anurakt Jain and Ishita Verma, Klub provides growth capital ranging from INR 2 lakh to INR 30 crore with zero equity dilution or personal guarantees. The two-year-old startup provides funding for recurring marketing, inventory, and capex spends to digital-first companies and SMEs across e-commerce, D2C, edtech and SaaS. The company was a part of the second batch of Sequoia's accelerator program Surge. The firm had previously raised USD 20 million in a seed round.
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