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Weekly rundown: Bertelsmann commits $500 mn for India investments; Arzooo, Propshare raise new rounds

In a relatively mooted week for start-up funding, retail tech firm Arzooo, realty platform PropShare, business-to-business (B2B) marketplace Solv, and fintech start-ups Progcap and GetVantage raised new funding rounds.

Bangalore , Karnataka , India , Japan , Delhi , Mumbai , Maharashtra , Japanese , Tony-xu , Google , Varanium-nexgen-fintech-fund , Trifecta-leaders-fund

Indian credit startup GetVantage secures $36m funding

Indian lending platform GetVantage has raised a funding of $36m to offer revenue-based financing to small and medium-sized businesses.

Japan , Aparajit-bhandarkar , Varanium-nexgen-fund , Sparkle-fund , Haldiram-family-office , Sony-innovation-fund , Nexgen-fintech-fund , Chiratae-ventures , Dream-incubator , Incred-capital , Family-office , Nexgen-fund

Revenue-based finance start-up GetVantage raises $36 mn

Funding round was led by Varanium Nexgen Fintech Fund, DMI Sparkle Fund and co-led by existing investors Chiratae Ventures and DI Japan; new investors Sony Innovation Fund, InCred Capital and Haldiram’s Family Office also participated  

Japan , Mumbai , Maharashtra , India , Aparajit-bhandarkar , Amit-srivastava , Varanium-nexgen-fintech-fund , Sparkle-fund , Haldiram-family-office , Sony-innovation-fund , Chiratae-ventures , Dream-incubator

GetVantage offers revenue-based financing to India's founders – TechCrunch

Some SMEs don’t want to get (or have access to) equity funding, but also want to stay away from high-interest bank loans. That’s the gap that revenue-based financing platforms like GetVantage want to fill. The Mumbai-based startup announced today that it has raised $36 million led by Varanium Nexgen Fintech Fund, DMI Sparkle Fund, along […]

Japan , Mumbai , Maharashtra , India , Aparajit-bhandarkar , Amit-srivastava , Varanium-nexgen-fintech-fund , Sparkle-fund , Sony-innovation-fund , Haldiram-family-office , Chiratae-ventures , Dream-incubator