Debt

Debt financing

Noto Ice Cream, Artinci, Papacream, Local Ferment raise Rs.10-Cr from Klub

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Revenue-based financing company Klub has invested INR 10 crore in D2C (direct-to-consumer) startups Papacream, NOTO Ice Cream, Artinci, and Local Ferment Co. The startups will use the funds as working capital to scale during the summer months, secure inventory, meet the demand for cold beverages and snacks, and improve marketing. Papacream, Noto Ice Cream, and Artinci are ice-cream-focused startups, while Local Ferment Co is a kombucha brand.