You are Here
Klub joins hands with Oxyzo to facilitate ₹100 crores to digital SMEs across India
Business

Klub joins hands with Oxyzo to facilitate ₹100 crores to digital SMEs across India

4 min read
Read Time:3 Minute, 30 Second

Klub and Oxyzo Financial Services Private Limited are the hyperlinks in the article please carry. We want to publish this article today

Klub, India’s leading Revenue Based Financing platform, today announced that it has partnered with Oxyzo Financial Services Private Limited, a tech-enabled smart financing solution provider, to disburse ₹100 crores to support digital SMEs. The ₹100 crores fund will be deployed to enable SME-lending across India to provide fast, founder-friendly, and flexible funding.

Oxyzo is a tech-enabled company with a deep understanding of SMEs’ business needs. Aiming to transform small and medium enterprises into large, the company offers credit solutions that are customised to help SMEs expand their operations, increase revenue, and improve their profit margins. Oxyzo, which became a Unicorn earlier this year, has grown to an AUM of $350 million with a 100% Y-o-Y growth and wants to focus on the new age segment along with traditional lending and has partnered with Klub for the same. The company has cumulatively disbursed over $2.6 billion across 40,000+ nodes.

Prashant Roy Sharma, Head – Capital Markets & Structured Finance, Oxyzo said, “Oxyzo has always believed in partnering with companies that are constantly looking to help scale small and medium enterprises into large companies and Klub’s vision perfectly aligns with the same. With this fund, we together aim to provide flexible working capital to 250+ SMEs across stages. We are pleased to partner with Klub as this partnership will further increase our coverage of merchants in the market and offer new age digital products to our existing customers.”

Through this partnership, digital SMEs will be able to avail Revenue Based Financing upto ₹3 Crores through the Klub platform. Klub provides SMEs with scalable capital and has completed 450+ investment rounds for its SME partners as they scale. The company’s investment platform combines financial product innovation, deep data-driven analytics, high-frequency collections, and community engagement.

Sudharsan Venkatkrishnan, Vice President, Klub, said “We are delighted to partner with Oxyzo as this will deepen the range of capital offerings to SMEs on our platform. Integrated deeply with Klub, this partnership is a small dent in a larger market that we envisage. We are on track to facilitate ₹1000 crores of disbursements this year and our partnership with Oxyzo further strengthens our ability in the right direction.”

Klub aims to deliver not just a platform-based approach but also to take these capital offerings to our embedded capital partners and offer more options to brands. The company is now on the path to provide capital solutions at scale via every platform that supports digital SMEs. To know more, visit www.klubworks.com

About Oxyzo

Oxyzo Financial Services, a tech-enabled smart financing platform which provides cash flow based working capital financing solutions to SMEs, Mid Corporates in the traditional and emerging new age sectors of the economy. The Company has done cumulative disbursements of US$ 2.6 Bn across 40K+ nodes till date and leveraged this data warehouse to build a differentiated tech-enabled supply chain and embedded finance marketplace that aims to solve for the broader under penetration of formal credit in India’s broader economy. Oxyzo has an AUM of US$ 360 Mn and is rated A+ by ICRA and CARE. Oxyzo recently announced its $200mn Series A raise led by Alpha Wave and co-led by Tiger Global, Norwest Venture Partners, Matrix Partners, Creation Investments.

About Klub

Klub, India’s leading Revenue Based Financing platform, provides flexible funding up to Rs. 30 crores to digital businesses and SMEs with recurring revenues. Based out of Bangalore, the company in partnership with leading NBFCs, HNIs, Financial Institutions, and its own SEBI registered fund provides growth capital to digital businesses. Klub offers different capital structures for businesses across all stages (early, growth & late) for recurring marketing, inventory, and capex expenses. The company has deployed more than 450 investment rounds enabling growth for 250+ brands across India to date. Klub raised $20 million in seed funding from Sequoia Capital India’s Surge, US-based Alter Global, Japan-based GMO Venture Partners and 9Unicorns in 2021. For more information, visit www.klubworks.com

About Post Author


RNT Reporter


dhaval.rntoday@gmail.com

https://republicnewstoday.com

The post Klub joins hands with Oxyzo to facilitate ₹100 crores to digital SMEs across India appeared first on Republic News Today.

Share
Facebook Twitter Pinterest Linkedin

Related Posts

178 thoughts on “Klub joins hands with Oxyzo to facilitate ₹100 crores to digital SMEs across India”

  4. Great blog here! Additionally your website rather a lot up very fast! What host are you the usage of? Can I get your associate link for your host? I desire my website loaded up as fast as yours lol

  6. I concur with your conclusions and will eagerly look forward to your future updates. The usefulness and significance is overwhelming and has been invaluable to me!

  7. Howdy! I simply wish to give a huge thumbs up for the great information you have here on this post. I will be coming again to your weblog for extra soon.

  10. I favored your idea there, I tell you blogs are so helpful sometimes like looking into people’s private life’s and work.At times this world has too much information to grasp. Every new comment wonderful in its own right.

  16. Hi welcome to our website Thank you for taking interest in our site go to the top right corner and you will see the 3 bars click on those bars. It will show you a menu of things you can order on our website the next thing.

  19. Good site! I truly love how it is easy on my eyes it is. I am wondering how I might be notified when a new post has been made. I’ve subscribed to your RSS which may do the trick? Have a great day!

  22. However, it is virtually all done with tongues rooted solidly in cheeks, and everyone has absolutely nothing but absolutely love for his or her friendly neighborhood scapegoat. The truth is, he is not just a pushover. He is basically that special variety of person strong enough to take all of that good natured ribbing for exactly what it is.

  27. Having an interior designer is incredibly important since they have the knowledge and experience to help transform a space into something functional and aesthetically pleasing. Interior designers know how to balance colour, texture, furniture, and other design elements to create the desired look. They are creative problem solvers and can work their magic in any space from small closets to large outdoor decks. With an expert’s eye for detail, your own ideas can be refined and executed perfectly, elevating your space both functionally and aesthetically. Thank you for providing this content and helping us recognize the importance of hiring an interior designer!

  30. Abnormal this put up is totaly unrelated to what I was searching google for, but it surely used to be listed at the first page. I suppose your doing one thing proper if Google likes you adequate to place you at the first page of a non similar search.

  31. Hello, I think your blog might be having browser compatibility issues. When I look at your website in Chrome, it looks fine but when opening in Internet Explorer, it has some overlapping. I just wanted to give you a quick heads up! Other than that, awesome blog!

  34. Hello there I am so delighted I found your weblog, I really found you by mistake, while I was searching on Google for something else, Anyhow I am here now and would just like to say cheers for a remarkable post and a all round exciting blog (I also love the theme/design), I don’t have time to browse it all at the moment but I have book-marked it and also included your RSS feeds, so when I have time I will be back to read a lot more, Please do keep up the superb work.

  35. I think this is among the so much vital info for me. And i’m happy reading your article. But wanna remark on few common issues, The site style is wonderful, the articles is really excellent : D. Just right job, cheers

  36. Thank you pertaining to sharing the following great subject matter on your website. I ran into it on google. I am going to check to come back after you publish additional aricles.

  42. Good day! This is my first comment here so I just wanted to give a quick shout out and say I really enjoy reading through your articles. Can you recommend any other blogs/websites/forums that cover the same subjects? Thanks a lot!

  43. Its like you read my mind! You seem to know a lot about this, like you wrote the book in it or something. I think that you can do with some pics to drive the message home a bit, but other than that, this is wonderful blog. A great read. I’ll certainly be back.

  46. Thanks a bunch for sharing this with all people you really recognize what you are talking about! Bookmarked. Kindly also seek advice from my web site =). We can have a link alternate contract between us!

  52. My coder is trying to convince me to move to .net from PHP. I have always disliked the idea because of the expenses. But he’s tryiong none the less. I’ve been using WordPress on numerous websites for about a year and am nervous about switching to another platform. I have heard great things about blogengine.net. Is there a way I can import all my wordpress posts into it? Any help would be really appreciated!

  73. I would really like to appreciate the endeavors you cash in on written this article. I’m going for the similar best product from you finding out in the foreseeable future as well. Actually your creative writing abilities has urged me to begin my very own blog now. Genuinely the blogging is distributing its wings rapidly. Your write down is often a fine illustration showing it.

  76. This is really interesting, You’re a very skilled blogger. I have joined your feed and look forward to seeking more of your fantastic post. Also, I have shared your website in my social networks!

  80. I cannot thank you more than enough for the blogposts on your website. I know you set a lot of time and energy into these and truly hope you know how deeply I appreciate it. I hope I’ll do a similar thing person sooner or later.

  89. Hey very cool site!! Man .. Beautiful .. Amazing .. I will bookmark your website and take the feeds also…I’m happy to find so many useful information here in the post, we need develop more strategies in this regard, thanks for sharing. . . . . .

  93. It’s the best time to make some plans for the future and it is time to be happy. I’ve read this post and if I could I wish to suggest you some interesting things or tips. Maybe you can write next articles referring to this article. I wish to read even more things about it!

  106. Im impressed. I dont think Ive met anyone who knows as much about this subject as you do. Youre truly well informed and very intelligent. You wrote something that people could understand and made the subject intriguing for everyone. Really, great blog youve got here.

  114. Hello, I think your blog might be having browser compatibility issues. When I look at your website in Chrome, it looks fine but when opening in Internet Explorer, it has some overlapping. I just wanted to give you a quick heads up! Other than that, awesome blog!

  120. I like to spend my free time by scanning various internet resources. Today I came across your website and I found it has some of the most practical and helpful information I’ve seen.

  121. I think that may be an interesting element, it made me assume a bit. Thanks for sparking my considering cap. On occasion I get so much in a rut that I simply really feel like a record.

  126. I just couldn’t leave your website before suggesting that I really enjoyed the usual information an individual supply on your visitors? Is gonna be back often in order to investigate cross-check new posts

  127. Substantially, the post is really the best on this laudable topic. I concur with your conclusions and will eagerly watch forward to your future updates.Just saying thanx will not just be enough, for the wonderful lucidity in your writing.

  128. Woah this is just an insane amount of information, must of taken ages to compile so thanx so much for just sharing it with all of us. If your ever in any need of related information, just check out my own site!

  144. Its like you read my mind! You seem to know a lot about this, like you wrote the book in it or something. I think that you can do with some pics to drive the message home a bit, but other than that, this is wonderful blog. A great read. I’ll certainly be back.

  145. Hi, possibly i’m being a little off topic here, but I was browsing your site and it looks stimulating. I’m writing a blog and trying to make it look neat, but everytime I touch it I mess something up. Did you design the blog yourself?

  146. of course like your web-site however you have to check the spelling on several of your posts. Many of them are rife with spelling problems and I find it very troublesome to tell the reality then again I will surely come back again.

  148. I discovered your weblog site on google and verify just a few of your early posts. Proceed to maintain up the very good operate. I simply further up your RSS feed to my MSN News Reader.

  163. I have been curious about these trends, and you have really helped me. I have just told a few of my friends about this on FaceBook and they love your content just as much as I do.

  166. I’ve been surfing online more than 3 hours today, yet I never found any interesting article like yours. It’s pretty worth enough for me. In my view, if all web owners and bloggers made good content as you did, the net will be much more useful than ever before.

  173. Link building is a crucial component of SEO that involves acquiring hyperlinks from external websites to your own. These backlinks serve as endorsements for your site, indicating its credibility and authority to search engines. There are various methods for link building, including natural links, outreach and guest posting, content creation, and promotion. Natural links are earned when other websites voluntarily link to your content due to its value. Outreach and guest posting involve collaborating with other website owners and bloggers to create content and gain backlinks. Creating exceptional content and promoting it can also attract backlinks from other sites. Link building plays a vital role in improving search engine rankings and increasing visibility for your website.

Leave a Reply

Your email address will not be published.

Mail us : info@justnewsnow.com