Recur Club, a financing platform, has bagged USD 30 million in its seed funding round which was a combination of equity and debt. Info Edge Ventures and Village Global have invested USD 2 million in equity of the parent company. The balance of USD 28 million is raised in debt from Aditya Birla Finance, Ugro Capital, InCred Financial Services, and a few others.
To discuss the company's growth plans, CNBC-TV18 spoke to Abhinav Sherwal, Founder & CEO of Recur Club and Eklavya Gupta, Founder & CEO of Recur Club.
Also, Raghav Joshi Co-Founder of Rebel Foods discussed about the growth drivers for the company.
Moreover, Punit Singh Soni, Founder & CEO of Suki highlighted the company's growth plans for Indian market.
Watch video for more.