On average, both financing platforms have teamed up to supercharge the growth of around 40 businesses every month.
Mumbai: GetVantage, India’s leading Revenue-Based Financing (RBF) platform, and early-stage investing platform Inflection Point Ventures (IPV) have partnered this year amidst a funding winter. The partnership gives a combined portfolio of around 1,500 digital businesses, and startups access to equity and revenue-based financing growth capital to extend their runway.
GetVantage and IPV are sector-agnostic financing platforms with a founders-first approach to funding early-stage startups and businesses.
The partnership would have access to each other’s portfolio base and would invest in both new businesses and existing startups in the form of equity as well as revenue-based growth capital, depending on the business requirements. Together, GetVantage and IPV have provided funding and equity, respectively, to over 500 businesses so far.
Through this partnership, IPV brands will have easy and quick access to Revenue-Based Financing from GetVantage. GetVantage portfolio brands can reach out to IPV for equity capital, making the entire funding process seamless and efficient.
Bhavik Vasa, Founder & CEO, GetVantage, said, “The rationale behind this partnership was to ensure that businesses get easy and faster access to funds amidst a funding winter and a possible global downturn. This fund allocation has been done to help businesses scale when other alternative forms of financing seem difficult to get hold of.”
The partnership will not only pave the way for new businesses to access equity as well as non-equity capital as and when required but will also help the larger set of portfolio companies with a range of value-added services like diverse investor networks, business opportunities, credits of new-age organizations to help business growth and mentorship.
GetVantage and Inflection Point Ventures share many brands under their portfolio across SaaS, CleanTech, EV and Health-focused D2C brands, amongst others. Some brands include BluSmart, Buyofuel, Almo, Macmerise and The Healthy Company. Other brands that have received investments from both financing platforms are Pumpumpum, Truly Madly, and Mobigarage, among others.
Mitesh Shah, Co-Founder of Inflection Point Ventures, shares, “This partnership is symbiotic and immensely beneficial to founders in the current macroeconomic and funding environment. Leveraging this partnership, many founders can set the business on the path of faster growth and unlocking value faster.”
Founded in late 2019, GetVantage has funded over 450 businesses and continues to lead the non-dilutive funding space, helping businesses in diversified sectors, including D2C, EV, eCommerce, B2B SaaS, cleantech, edtech and more. Meanwhile, Inflection Point Ventures, set up in 2018, has over 7,000 investors on its platform who have invested in around 150 startups. The angel investment platform supports new-age entrepreneurs by helping them with monetary and experiential capital via the diverse group of investors on the platform.
About GetVantage
GetVantage is India’s leading Revenue-Based Financing platform providing fast, fair, flexible equity-free 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 10 lacs – INR 10 crore to hypercharge growth for businesses. The platform provides non-dilutive working capital 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 has registered over 9,000+ signups on its platform and has a broad investment portfolio of over 400+ of the most exciting new-age businesses in India.
