Why Q-comm's got brands to tap alternative financiers
Hindustan Times Pune|January 07, 2025
As quick commerce platforms like Blinkit, Swiggy Instamart, and Zepto revolutionize consumer shopping habits, direct-to-consumer (D2C) brands are increasingly turning to alternative financiers to secure larger working capital needed to stay competitive.
Sowmya Ramasubramanian & Mansi Verma

MUMBAI/BENGALURU:

Platforms like Recur Club, GetVantage, Velocity, and Klub are stepping in to meet this demand, offering innovative debt solutions tailored to the fast-paced, quick commerce ecosystem.

Delhi-based debt marketplace Recur Club has disbursed as much as ₹150 crore to consumer startups to fuel their quick commerce ambitions in the last four months alone, a 3x jump from the previous four months, founder Eklavya Gupta told Mint.

"The last few months have seen almost 3x growth in debt financing requirements, proportionate to growth thanks to quick commerce. Even e-commerce was much lower before," Gupta said. Recur Club has financed over 200 consumer brands and more than half of them sell on at least one quick commerce platform.

هذه القصة مأخوذة من طبعة January 07, 2025 من Hindustan Times Pune.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة January 07, 2025 من Hindustan Times Pune.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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