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GetVantage secures Rs 63 Cr ($6.6 million) in Series A1 round, co-led by Rajeev Ahuja and SanRaj Group. The funding will support expansion and the Rise Up Fund for women entrepreneurs.

PRIVATEAug 04, 20265 days ago

Amount Raised

₹630 Million

Round Type

Series A

Financial ServicesPrivacy And Security

Investors

Vc MintVaranium Fintech FundChiratae VenturesSan Raj GroupRajeev Ahuja

Description

GetVantage, a B2B fintech platform for MSMEs, has secured Rs 63 crore ($6.6 million) in hybrid capital. The proceeds will be used for expansion while supporting women entrepreneurs with the Rise Up Fund. This Series A1 round highlights the company's growth and innovation in financing solutions for Indian enterprises.

Company Information

Company

GetVantage

About

Discover the stories of your interestBlockchain5 StoriesCyber-safety7 StoriesFintech9 StoriesE-comm9 StoriesML8 StoriesEdtech6 StoriesThe company provides founders anywhere between Rs 5 lakh and Rs 5 crore of non-dilutive growth capital compared with traditional funding sources, which require business owners to dilute equity or give control via board seats, or warrants.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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