Klub – New Initiatives Intern

Klub - We are India’s largest revenue based financing fintech.

Revenue based financing is revolutionary: instead of paying fixed EMIs to banks or diluting equity to VCs, businesses can now raise capital from Klub and pay simply as a percentage of their revenues. It is:

Fast: Companies apply online on our app in <20 minutes and get a term sheet in 48 hrs!

Fair: By relying exclusively on data and metrics, we take bias out of decision-making.

Flexible: Companies pay as a percentage of revenues. They can choose to raise as little as Rs 2 Lakhs to as much as Rs 20 crs, based on their metrics and needs.

Founder friendly: No pitch decks, no personal guarantees, no equity dilution, no board seats. 

All of this makes Klub the most scalable capital partner - with capital support that grows with our portfolio companies.

Our journey

We raised $2 mn at an idea-stage in December 2019 from Sequoia Capital’s Surge program, and marquee investors like Naveen Tewari (InMobi Group), Kunal Shah (CRED), Shradha Sharma (YourStory) and many more. Post our beta launch ~12 months ago, the company has grown leaps and bounds:

270+ investments made; portfolio companies include loved brands like Bewakoof, Third Wave Coffee, The Man Company, 9stacks, Mamagoto, Eat.Fit, SMOOR 

Raised $20 mn in August 2021 from GMO (Japan), Alter Global (USA) and others

Launched a $30 mn fund in December 2021