Mumbai: Leading alternative financing platform GetVantage announced a strategic partnership with D2C Same-Day Delivery platform Zippee to provide frictionless equity-free funding to high-growth focussed D2C brands on its fulfilment platform while giving its own portfolio instant access to same-day deliveries for customers across India.
Gurugram-based startup Zippee helps 100+ D2C businesses like Epigamia, Anveshan, Clinikally, & The Face Shop provide Same-Day Deliveries to their customers across India. Brands connect their website to the Zippee platform in just a few clicks & can kickstart same-day deliveries across India in less than 7 days. This approach helps them significantly improve customer loyalty, fulfilment costs, and RTOs by up to 90%.
GetVantage has quickly built arguably one of the largest D2C portfolios that include 400+ of the most exciting brands in India, including Bear House, Bummer, Eat Better, Rage Coffee, Malaki, Jade Forest, Snackible, WickedGud, Urban Monkey, and others. Founders simply connect their digital-marketing, finance, and marketplace accounts to the GetVantage platform to access funding up to INR 5 crore in as fast as 5 days – without diluting ownership or control. Brands like Jade Forest have increased revenues by an average of over 185% fuelled by non-dilutive capital from GetVantage.
Speaking about the partnership, Madhav Kasturia, Founder & CEO, Zippee, said, “We democratize Amazon-grade logistics for brands that want to sell more through their own online stores, have greater control over customer data, & offer solid post-purchase experiences to customers through same-day deliveries. A lot of them sign up for Zippee during their scale-up phase & can now leverage GetVantage’s ecosystem to supercharge that. GetVantage shares our vision of empowering local eCommerce businesses with technology-backed products and we’re stoked to positively impact 10,000 eCommerce businesses by 2025 together. ”
Karun Arya, Chief Growth Officer, GetVantage said, “We’re excited to join forces with like-minded partners like Zippee who share our passion for helping founders. Our joint target to reach over 10,000 D2C brands builds on the incredible momentum we’re seeing from entrepreneurs who are making bold and smarter funding choices to scale their businesses with non-dilutive working capital. The Zippee team has built a strong D2C footprint and we’re excited to help founders and brands in their ecosystem leverage the power of equity-free capital solutions to supercharge growth and fuel India’s digital economy.”
Zippee is backed by consumer giant Haldiram’s, 9Unicorns, FounderBank Capital, South Asia Technology Partners, & unicorn founders like Peyush Bansal (Lenskart), Kunal Shah (CRED), Ashneer Grover (BharatPe), Prashant Pitti (EaseMyTrip). In India alone, the RBF opportunity is estimated at around USD 5-8 billion, with the potential to reach $40-50 billion over the next few years. The D2C space, a key driver for RBF, is predicted to be a $100 billion opportunity in India by 2025, according to Avendus Capital.
About Zippee:
Zippee is India’s #1 Same-Day Delivery platform for D2C brands. Brands like Epigamia, Lenskart, Anveshan connect their online stores to their platforms in just a few clicks & can kickstart Same-Day Deliveries using their darkstore network across India in less than 7 days. Founded in 2021 by delivery kitchens entrepreneur Madhav Kasturia, Zippee is backed by leading investors including consumer giant Haldiram’s, 9Unicorns, Riso Capital, FounderBank Capital, South Asia Technology Partners, & leading founders like Peyush Bansal (Lenskart), Kunal Shah (CRED), Ashneer Grover (BharatPe), Arjun Vaidya (Dr. Vaidya’s), Mohit Sadaani (The Moms Co), Prashant Pitti (EaseMyTrip). To learn more, visit: www.zippee.delivery
About GetVantage:
GetVantage is India’s premier alternative funding marketplace & growth platform providing fast, fair, flexible, non-dilutive capital to SMEs. Launched in 2020 by seasoned fintech entrepreneur Bhavik Vasa and Tech & Ops veteran Amit Srivastava and headquartered in Mumbai, GetVantage makes data-driven investments from INR 20 lakhs to INR 20 crore to supercharge growth for businesses. The platform provides various non-dilutive working capital solutions for marketing, inventory, logistics, and other recurring CapEx to businesses across sectors, including B2B SaaS, eCommerce, D2C, ed-tech, cloud kitchens, and many more. The company, which has registered over 14,500+ signups on its platform, has a broad investment portfolio of over 650+ of the most exciting new-age businesses in India. The company is backed by leading Indian and Japanese investors, including Chirate Ventures, Varanium Nexgen Fintech Fund, Sony Innovation Fund, Dream Incubator Japan, DMI Sparkle Fund, and InCred Capital, an is the first and the only alternative financing platform in the country to have secured an NBFC license from RBI.
