GetVantage Raises ₹63 Cr To Expand Its B2B Revenue Based Financing Platform

GetVantage, a B2B fintech startup, has successfully raised ₹63 Cr in a Series A1 funding round to expand its revenue-based financing platform and increase its committed financing capacity. The round, led by ex-RBL Bank MD Rajeev Ahuja and investment firm SanRaj Group, also saw participation from existing investors such as Chiratae Ventures, Varanium Fintech Fund, and VCMint.

The Mumbai-based company, founded in 2019 by Amit Srivastava and Bhavik Vasa, initially focused on revenue-based financing but has since expanded into cash-flow-based lending solutions for MSMEs. With the new capital, GetVantage aims to scale its capital gateway platform, an API-led infrastructure that enables marketplaces and logistics companies to embed financing solutions for their merchant networks.

The startup's platform offers data-driven growth capital and embedded finance solutions ranging from ₹2 Lakh up to ₹20 Cr for startups, MSMEs, and ecommerce players, using alternative data and analytics to evaluate businesses based on their cash flows. This investment comes at a crucial time for the Indian MSME sector, which faces a credit gap of around ₹30 Lakh Cr, as small businesses struggle to access formal financing due to various challenges.

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