In a strategic move to further enhance its support for D2C brands within the quick commerce ecosystem, Recur Club has announced partnerships with leading quick commerce platforms in India. Recur club has announced a dedicated US $ 17.32 million fund for direct-to-customer (D2C) quick commerce segments to bolster their businesses.
This fund will provide D2C businesses with access to various financing options, including cash flow-based loans, revenue-based financing, and unsecured term loans. The monetary aid will also enable seamless integration of financing solutions directly within the platforms, providing D2C sellers with convenient access to capital.
Recur Club has observed a significant surge in demand for debt financing from D2C brands, primarily driven by the rapid growth of the quick commerce sector. Recognising this trend, the company aims to provide crucial financial support to enable these businesses to effectively compete and capitalise on the increasing consumer demand within this sector.
As part of its broader strategic roadmap, Recur Club has set ambitious targets, aiming to provide a total of US $ 230 million in debt financing through its Recur Scale program and an additional US $ 115 million through its Recur Swift program to innovative startups.
