Recur Club, founded in 2021 by Eklavya Gupta and Abhinav Sherwal, is a fintech company based in New Delhi, India. It operates as a debt marketplace focused on providing scalable financial solutions to startups and small to medium enterprises (SMEs). Recur Club's primary service offering includes rapid debt financing, leveraging tech-enabled underwriting processes to ensure businesses can access funding swiftly and efficiently. The company has raised capital from investors such as InfoEdge Ventures, Village Global, and Titan Capital.
Attribute | Information |
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Founding Date | 2021 |
Headquarters | New Delhi, India |
Founders | Eklavya Gupta, Abhinav Sherwal |
Key Investors | InfoEdge Ventures, Village Global, Titan Capital |
Industry | Fintech, Debt Marketplace |
Number of Employees | Over 100 employees |
Notable Products/Services | Debt financing for startups and SMEs |
Recur Club was established to fill the gap in the financial ecosystem for startups and SMEs seeking non-dilutive capital options. The founders, Eklavya Gupta and Abhinav Sherwal, both experienced in finance and entrepreneurship, identified a growing demand for accessible debt financing. From its inception in 2021, the company quickly gained traction by simplifying and expediting the loan process through digital solutions. Within the first year, Recur Club successfully deployed significant funds across various sectors, rapidly establishing itself as a key player in India's fintech space.
Recur Club's business model is centered around providing fast and flexible debt solutions without requiring equity dilution, thus allowing businesses to maintain ownership and operational control. The company has achieved several milestones since its launch, including:
Recur Club currently serves as a robust platform for financial entities seeking quick debt solutions, primarily catering to tech-driven and high-growth startups. Its market position is strengthened through strategic alliances with financial partners and investors who share its vision for enabling entrepreneurial growth. Recur Club's technological sophistication in assessing financial health quickly gives it a competitive edge, allowing it to serve a wide spectrum of industries with tailored financial products.
Recur Club stands out in the fintech industry as a pioneering debt marketplace offering rapid and scalable financing to startups and SMEs. Its commitment to fueling business growth aligns with the broader trends of digital transformation and financial inclusion in India. As the company continues to expand through innovative funding solutions and strategic partnerships, it is poised to significantly impact the financial landscape for small to medium enterprises, ultimately contributing to the country's economic development.