GetVantage aims to supercharge growth for 200+ SaaS companies using recurring-revenue financing. The SaaS Accelerator Fund II will deploy Rs 250 crore over the next 12-18 months
The food start-up will utilise the newly-generated capital in marketing, product expansion, and retail distribution to achieve a 5X growth in net revenues in FY 24
This fundraiser is a part of the larger round the company is raising spearheaded by Mumbai Angels, Hyderabad Angels, Speed Fund, GetVantage, Finnvolve and angel investors
GetVantage and IPV are sector-agnostic financing platforms and claim to prioritise a founders-first approach while investing in early-stage start-ups and businesses