GetVantage launches Rs100 crore 'Rise-Up Fund' for women entrepreneurs
GetVantage, an alternative-financing fintech platform, announced the launch of its Rise-Up Fund, dedicated to supporting women entrepreneurs businesses with inclusive capital. This non-dilutive fund with an initial corpus of Rs100 crore and aims to deploy the capital in the next 12 months to help over 400 women-led businesses scale up.
GetVantage will disburse the funds through its own NBFC GetGrowth Capital, along with Varanium’s Debt Fund partnership, among other NBFCs and AIFs.
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Offering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in Product ManagementVisitIIM KozhikodeIIMK Advanced Data Science For ManagersVisitIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk ManagementVisit“Despite running successful businesses, women entrepreneurs everywhere remain chronically underrepresented and underserved by the incumbent venture finance infrastructure. The Rise-Up fund by GetVantage expands our commitment to empowering women entrepreneurs in India,” said Karun Arya, chief growth officer, GetVantage. “Encubay, with their extensive network of female founders, are a strategic long-term partner with whom we share a common mission to provide more women in business with fair, inclusive, and unbiased access to non-dilutive funding to realize their scaling ambitions."
Since its inception in 2019, GetVantage has been committed to eradicating friction and bias from fundraising. Over the last three years, the GetVantage
