Recur Club, an AI-native debt marketplace, has raised $50 million in its Series A funding round. The raise includes $8 million in equity funding led by InfoEdge Ventures, LC Nueva, Physis Capital, String Ventures and iA finvolve, alongside $42 million in debt allocation to the platform from leading financial institutions, including Incred, Ugro and Lighthouse Canton.
The funds raised will be used to scale its ‘autopilot’ debt financing, enabling startups and SMEs to secure debt faster, with less friction. The new funds will also be deployed to accelerate the growth of Recur’s AI-native debt marketplace, launching new debt products, expanding into Tier-2 and Tier-3 cities and investing further into technology infrastructure.
Founded in 2021 by Abhinav Sherwal and Eklavya Gupta, Recur Club is a debt financing marketplace that offers loans to startups and businesses.
Recur Club has connected 2,000+ companies to 100+ institutional lenders across 30+ customised debt products – cashflow financing, asset financing, working capital, invoice discounting, venture debt, acquisition financing, structured debt and lease financing across varied sectors like SaaS, Tech Services, D2C, Manufacturing, Financial Services, Pharmaceuticals, Solar and Agriculture.
Businesses can get a loan from ₹50 lakhs to ₹100 crore within 48 hours by signing up and linking their financial data.
Since its inception, Recur Club has facilitated over ₹3,000 crore in debt sanctions, backing companies such as MoveInSync, Zypp, Sagar Asia, Kimbal, Captain Fresh, and Palmonas.
Recur Club has scaled 120% y-o-y and, with these new funds, is on track to achieve an annual debt run-rate of ₹10,000 crore by FY’27.
Eklavya Gupta, Founder & Co-CEO of Recur Club, said, “Founders choose Recur Club because we make debt raising a simple, transparent and fast process by curating ideal capital structures mapped with the Company’s business plan – a true technology-led capital advisory. By 2030, our ambition is to power 2% of India’s $1 trillion SME and startup debt market by making debt accessible like flowing water.”
Abhinav Sherwal, Co-Founder and Co-CEO of Recur Club, said, “Raising debt in India has traditionally been slow, opaque, and fragmented, filled with scattered applications, endless follow-ups, and delayed disbursals. At Recur Club, we have rebuilt this experience ground up with AI lending agents where technology stays invisible while founders raise capital and keep their focus on scaling their businesses instead of chasing paperwork.”
Amit Behl, Partner at Infoedge, said, “AI is transforming industries worldwide, but corporate lending in India has remained slow and relationship-based. Recur Club is changing that. By building a full-stack debt marketplace with AI at its core, they are making capital faster, smarter, and truly founder-first. This is not just an incremental improvement — it is a fundamental reset of how credit flows to businesses in India, and we are excited to back a team with the vision and execution to build the future of credit.”
