Private Equity

Fund News

Revenue-based financing platform Klub raises Rs.200-Cr fund

Economic Times  

Revenue-based financing platform Klub has raised a INR 200 crore maiden fund. The Sebi-registered Category II Alternative Investment Fund (AIF) aims to accelerate disbursements across growth-stage businesses during the festive season. Klub invests anywhere between INR 5 lakh to INR 30 crore in digital businesses - in companies across domains of e-commerce, direct-to-consumer and edtech - for a tenure of up to 24 months. In the last few months, Klub has made 33 investments in growth-stage businesses such as BluSmart, Ben Franklin, Bewakoof, Furlenco, Smoor Chocolates, and The New Shop among others.