back Back

GetVantage partners with IPV to invest INR 200c in start-ups

By Leandra Monteiro

January 19, 2023

  • 200 Crores
  • Fund Management
  • Funding
Share

GetVantage GetVantage, a 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 start-ups access to equity and revenue-based financing growth capital to extend their runway.

The partnership would have access to each other’s portfolio base and would invest in both new businesses and existing start-ups in 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, and 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 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 network, business opportunities, credits of new-age organizations to help business growth and mentorship.

Mitesh Shah, Co-Founder, Inflection Point Ventures said, “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.”

Previous Article

January 19, 2023

FinTech Anyfin raises €30m Series C to accelerate Europe expansion

Read More
Next Article

January 19, 2023

Lynk adds Pay by Bank to its payment platform

Read More








IBSi Daily News Analysis

Generative AI

April 12, 2024

200 Crores

Security experts sound the alarm on Deepfake threats in the age of AI

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

April 15, 2024

9Basil Group announces acquisition of AlteriQ

Read More

April 10, 2024

France Active taps Clearwater Analytics to power its Investment Accounting Operations

Read More

April 04, 2024

Namdev Finvest raises $19m in Pre-Series C funding round

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023