Wednesday, February 1, 2023
HomeInsightNews & UpdateFormer Head of Amazon India Launchpad Anuj Berry joins Klub as Entrepreneur...

Former Head of Amazon India Launchpad Anuj Berry joins Klub as Entrepreneur in Residence

Klub, India's leading Revenue Based Financing platform, announced today that it has appointed Anuj Berry as an Entrepreneur in Residence. In his new role, Anuj would be responsible for driving key global initiatives for Klub.

Klub, India’s leading Revenue Based Financing platform, announced today that it has appointed Anuj Berry as an Entrepreneur in Residence. In his new role, Anuj would be responsible for driving key global initiatives for Klub.

Before joining Klub, Anuj led ‘Amazon Launchpad’ as the Program Leader in Amazon India. Amazon Launchpad is a premium global program that enables startups & emerging brands to build, launch & scale online while accelerating Amazon customers’ access to differentiated, high potential, cross category products.

Read also – 5paisa Capital and IIFL Securities reorganize businesses to focus on Online Retail and Affluent Customers respectively

At Amazon India, Anuj led a team of 70 employees and worked closely on launching 2800 brands since Launchpad’s inception. Some of these brands include YogaBar, The Whole Truth, The Moms Co., Bare Anatomy, among others.

Commenting on the appointment, Ishita Verma, co-founder, and COO at Klub said, “Our aim at Klub is to become India’s most loved capital platform and we are excited to have Anuj join us to further this mission. With his deep understanding of building and scaling brands, Anuj will expand our portfolio of offerings for loved brands and tap global scale”

Read also – ISRO and Social Alpha Sign MoU to Establish SpaceTech Innovation Platform

Anuj holds a bachelor’s degree in Computer Science engineering, and has worked in the technology consulting sector with global clients in the financial services industry prior to completing a degree in management from the Indian School of Business (ISB), Hyderabad.

“Digital commerce, today, is in a phase of a massive, disruptive growth story and Klub with its fast and flexible funding is creating a dent in the capital ecosystem. It gives me immense pleasure to join this team and be a part of its mission to innovate and unlock the potential of exponential growth for digital businesses,” said Anuj Berry.

Read also – VC Firm Blume Ventures Announces Fund Close At $250 Million

Klub provides new-age businesses with fast, flexible, founder-friendly capital. The company offers growth capital to digital businesses without founders having to dilute equity in as less as 48 hours. Since its inception, Klub has funded over 350+ brands with over 725 investment rounds.

About Klub

Klub, India’s leading Revenue Based Financing platform, provides flexible funding up to Rs. 30 crores to digital businesses and SMEs with recurring revenue. The company partners  with leading NBFCs, HNIs, financial institutions, and its own SEBI registered fund to provide growth capital.

Klub offers different capital structures for businesses across all stages (early, growth & late) for recurring marketing, inventory, and capex expenses. The company has deployed more than 725 investment rounds enabling growth for 350+ brands across India. Klub raised $20 million in seed funding from Sequoia Capital India’s growth program Surge, US-based Alter Global, Japan-based GMO Venture Partners, and 9Unicorns in 2021.

Read also – [Funding alert] HyperTest Raises $1.5 Mn in Seed Funding

RELATED ARTICLES
- Advertisment -

Most Popular

- Advertisment -

Also Read

- Advertisment -
Newsletter

Subscribe to our weekly newsletter and don't forget to check out the latest updates.