GetVantange invested in over 750 companies, mostly consumer facing firms in FY24
GetVantage, an alternative-financing firm, said it invested in about 750 companies during FY24 mostly in consumer brands, which needed working capital without equity dilution amid funding winter.
These include companies such as Zappfresh, Rage Coffee, WickedGud, KC Roasters and Proost among others. GetVantage saw a 71% repeat rate, offering founders flexibility in fundraising and repayments without equity dilution, it said.
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Offering CollegeCourseWebsiteIIT DelhiCertificate Programme in Data Science & Machine LearningVisitMIT xPROMIT Technology Leadership and InnovationVisitIndian School of BusinessProfessional Certificate in Product ManagementVisit«When we discuss funding winter, we fail to understand that it’s not the entire funding ecosystem that's taken into consideration; it’s only equity financing. Over the last 12 months alone, the company has effectively helped 2-3 businesses a day access the working capital they need to supercharge growth without diluting equity,» said Karun Arya, chief growth officer, GetVantage.
Since its inception in late 2019, the company has funded 1,500 companies with a combined GMV of $900 million across categories ranging from B2B SaaS, subscription businesses, D2C, eCommerce, edtech, healthtech, cloud kitchens, and nutrition, among others.
The company provides founders anywhere between Rs 5 lakh and Rs 5 crore of non-dilutive growth capital compared to traditional funding sources, which mostly require business owners to
