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# Indian revenue-based financing startup GetVantage raises $36 million in funding
- URL: https://www.techloy.com/indian-revenue-based-financing-startup-getvantage-raises-36-million-in-funding/
- Published: 2022-07-01T17:22:24.000Z
- Updated: 2022-12-08T01:49:26.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Fintech

[GetVantage,](https://getvantage.co/) a revenue-based financing (RBF) startup based in India, has raised $36 million in its new funding round led by Varanium Nexgen Fintech Fund, DMI Sparkle Fund, Chiratae Ventures, and Dream Incubator Japan.

- The fund will help the platform grow its financing solution and embedded finance products, improve its technology infrastructure, expand its product suites, and enter new markets in Southeast Asia.
- GetVantage is using data to unlock capital access for SMEs, making it possible for entrepreneurs to grow their businesses, and now has a record of 300% year-on-year growth.
- It has funded over $270 million in gross merchandize value across more than 350 brands including B2B, SaaS, D2C, E-commerce, edtech, and adtech among others, with portfolio investment in Arata, BoldCare, Eat Better, Jade Forest and others.
- Sony Innovation Fund, InCred Capital, and Haldiram's Family Office among others participated in the round.