Recur Club recently unveiled the “Regreen Fund,” an effort for funding that invests in entrepreneurs actively pursuing a more sustainable and environmentally friendly future. With a $10 million first investment, Recur Club intends to empower and promote entrepreneurs in India who are committed to the environment and use their cutting-edge goods and services to create beneficial changes.
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The company announced in a formal statement that the Regreen Fund is going to help start-ups wanting to have an impact on the environment. It will give a few companies access to expansion financing without reducing their equity, allowing them to scale their businesses, accelerate innovation, and broaden their market, as reported by Entrepreneur.com.
“We are excited to introduce the Regreen Fund as a reflection of our strong commitment to sustainable development and environmental preservation. We believe in the power of startups and entrepreneurs to tackle the urgent environmental challenges we face globally. Through the Regreen Fund, we aim to provide essential financial support and valuable resources to drive meaningful change in India’s sustainability landscape,” said Eklavya Gupta, co-founder and CEO of Recur Club.
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“It’s encouraging to see the advancements in the green financing sector and we are truly excited about its potential impact on India’s sustainable growth. The availability of quick access to working capital is vital for the smooth functioning of any industry. Regreen Fund by Recur Club is a positive step towards empowering businesses in this field with non-dilutive capital that aligns with their revenue growth,” commented Pulkit Khurana, co-founder of Battery Smart.
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About Recur Club
The Recur Club was started in 2021 by Eklavya Gupta and Abhinav Sherwal. They establish a more seamless financial future and concentrate on developing goods and services that help businesses grow through marketing, expansion, or hiring more employees. They hold the opinion that optimizing funding options can boost company health, level the playing field, and speed up ideas that can change the world.
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