By Bl Bengaluru Bureau

Copyright thehindubusinessline

Recur Club, AI-native debt marketplace, has raised $50 million in a mix of equity and debt to scale its AI-powered debt financing platform for start-ups and SMEs.

The raise includes $8 million in equity funding led by InfoEdge Ventures, LC Nueva, Physis Capital, String Ventures and Finvolveia, alongside $42 million in debt allocation to the platform from leading financial institutions, including Incred, Ugro Capital, Aditya Birla Capital, and Lighthouse Canton.

The new funds will be deployed to accelerate the growth of Recur’s AI-native debt marketplace launching new debt products and expanding into Tier-2 and Tier-3 cities and investing further into technology infrastructure.

The company in a statement noted that it has scaled 120 per cent y-o-y and, with these new funds, is on track to achieve an annual debt run-rate of ₹10,000 crore by FY27.

Founded in 2021, Recur Club operates a debt marketplace connecting businesses with more than 150 institutional lenders has connected over 2,000 companies for over 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.

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.

“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 per cent of India’s $1 trillion SME and start-up debt market by making debt accessible like flowing water” said Eklavya Gupta, Founder & Co-CEO of Recur Club.

Echoing this confidence, 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.”

Published on September 29, 2025