Recur Club, the fintech startup that enables companies to raise capital in a non-dilutive manner, has raised $30 million in a seed round of funding.
The funding round was led by InfoEdge Ventures and Village Global with participation from Aditya Birla Finance, U GRO CAPITAL, and Incred Financial Services. The round also saw participation from a group of angel investors.
The startup will use the fresh capital for product development and to expand its sales and engineering teams.