Friday, 24 March, 2023

Revenue-based financing platform Klub closes its maiden fund of Rs 200 Cr

<p>Klub, a platform for revenue-based financing supported by Sequoia Capital, announced the closing of its initial Rs 200 Cr fund. Klub, a Category II Alternative Investment Fund registered with the Sebi, promises to speed up payments to growth-stage companies throughout the holiday season. 33 growth-stage companies, including BluSmart, Ben Franklin, Bewakoof, Furlenco, Smoor Chocolates, and The New Shop, have received investments from the fund.</p>