GetVantage, empower entrepreneurs by providing the most powerful non-dilutive financing and growth solutions has launched INR 100 Cr Rise-Up Fund for women Founders. GetVantage empower entrepreneurs by providing the most powerful non-dilutive financing and growth solutions they need to unlock radical potential.
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The Capital of this non-dilutive fund will be used within the following year. Additionally, GetVantage announced a collaboration with Encubay, a network dedicated to Diversity.
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“Despite running successful businesses, women entrepreneurs everywhere remain chronically underrepresented and underserved by the incumbent venture finance infrastructure. The Rise-Up fund by GetVantage expands our commitment to empowering women entrepreneurs in India,” said Karun Arya, chief growth officer, GetVantage. “Encubay, with their extensive network of female founders, are a strategic long-term partner with whom we share a common mission to provide more women in business with fair, inclusive, and unbiased access to non-dilutive funding to realize their scaling ambitions.”
“Of 799 funding deals amounting to $6.6 billion in the past nine months, ventures led by female founders secured only 4.5% of the total funding. With an increasing number of women venturing into entrepreneurship and many seeking funding for their initiatives, the present moment presents a pivotal opportunity for collective action. Collaborating with GetVantage, we are enthusiastic to help lead the effort to dismantle barriers and level the playing field for women entrepreneurs across India,” Deeksha Ahuja, Founder, Encubay said,
About GetVantage
Founded in 2020 by Bhavik Vasa, Amit Srivastava, and Karun Arya,, GetVantage is India’s first and largest alternative-financing (Alt-Fi) and embedded-financing (Em-Fi) fintech platform for SMEs and eCommerce entrepreneurs. The company pioneered the concept of data-driven, cash flow-based, equity-free financing and has quickly become the preferred option for thousands of fast-growing businesses across 18+ sectors. In less than three years the company has built a strong portfolio of over 600+ new-economy businesses. T.
