Velocity provides revenue-based financing to online businesses.
Velocity provides revenue-based financing to online businesses. It aims to build the future of banking and financial services for new-age businesses in India. The company was founded by Abhiroop Medhekar, Atul Khichariya, and Saurav Swaroop in 2020.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Nov 16, 2021 | Series A | $20M | 6 | Valar Ventures | — | Detail |
Mar 24, 2021 | Seed | $10.30M | 11 | Valar Ventures | — | Detail |
Feb 13, 2020 | Seed | — | 1 | — | — | Detail |
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Nov 29, 2022
Suwasthi
|
Debt Financing | ₹20M | Nutrition | Yes |
Aug 17, 2022
Zlade
|
Corporate Round | ₹11M | Personal Health | Yes |
Apr 27, 2022
French Crown
|
Corporate Round | ₹20M | E-Commerce | Yes |
Mar 20, 2022
JSB Healthcare
|
Corporate Round | ₹25M | Consulting | Yes |
Dec 17, 2021
The Clownfish
|
Corporate Round | — | Consumer Goods | Yes |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Valar Ventures | Yes | Series A |
iSeed | — | Series A |
Maninder Gulati | — | Series A |
Philippe Teixeira da Mota | — | Series A |
Presight Capital | — | Series A |
Zac Prince | — | Series A |
Dhruv Arora | — | Seed |
Erik Podzuweit | — | Seed |
Florian Prucker | — | Seed |
GE32 Capital | — | Seed |