Funding & Investment
Recur Club raises $50 million to scale AI-powered debt marketplace
Recur Club raises $50M to scale AI-powered debt marketplace, enabling faster, transparent debt financing for startups and SMEs across India.
Recur Club, a debt marketplace, has raised $50 million to scale its ‘autopilot’ debt financing platform, enabling startups and SMEs to secure debt faster and with less friction. The funding comprises $8 million in equity, led by InfoEdge Ventures, LC Nueva, Physis Capital, String Ventures, and Finvolveia, alongside $42 million in debt allocation from leading financial institutions including Incred, Ugro Capital, and Lighthouse Canton.
The funds will accelerate the growth of Recur’s AI-native debt marketplace, launch new debt products, expand into Tier-2 and Tier-3 cities, and enhance technology infrastructure. Recur Club has scaled 120% year-on-year and is targeting an annual debt run-rate of Rs10,000 crore by FY’27.
“Founders choose Recur Club because we make debt raising simple, transparent, and fast, curating ideal capital structures aligned with business plans,” said Eklavya Gupta, Founder & Co-CEO.
“By 2030, we aim to power 2% of India’s $1 trillion SME and startup debt market by making debt accessible like flowing water.”
Abhinav Sherwal, Co-Founder & Co-CEO, added: “Raising debt in India has traditionally been slow and opaque. At Recur Club, AI lending agents allow founders to raise capital seamlessly while focusing on scaling their businesses.”
Amit Behl, Partner at InfoEdge, said: “Corporate lending in India has remained slow and relationship-driven. Recur Club’s AI-first, full-stack debt marketplace is fundamentally transforming credit flow to businesses, and we are excited to back their vision.”
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