Mumbai based revenue-based financing startup raised $36m in equity and debt funding led by Varanium Nexgen Fintech Fund.
“The traditional process of raising capital is complex, cumbersome and simply doesn’t work for all enterprises and business owners,” Vasa said. Many online entrepreneurs are underserved, he added, because “the VC model is somewhat broken and really based on who you know.” For founders without the right network, it’s hard to find investors. Some also prefer not to sell control and dilute ownership in their companies.
https://techcrunch.com/2022/06/29/getvantage-offers-revenue-based-financing-to-indias-founders/