Debt financing
Technodysis secures Rs.10-Cr in debt from Recur Club
Bengaluru-based IT startup Technodysis has secured INR 10 crore in debt funding from Delhi based debt marketplace for startups and SMEs, Recur Club. This funding contains both secured and unsecured debt, spanning the fiscal years 2023 and 2024.The new funds will be used to enhance its ability to scale operations, develop product offerings, and strengthen its presence in key international markets.Founded in 2020 by Nithyananda Nayak, Technodysis specializes in a range of IT services, including software development, cloud computing, cybersecurity, data analytics, and AI applications and is operational in the United States, the United Kingdom, and Dubai, in addition to its headquarters in India.
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