Klub Works

The Middle East's embrace of AI and best-in-class technologies from the rest of the world, fuelled by government support, is fostering collaboration between established institutions and startups, a senior official said.

Klub, the leading revenue-based financing platform in India, announced that it has invested INR 10 crores in direct-to-consumer (D2C) companies to boost their working capital before the summer sale on fast-commerce platforms.

Anuj Berry will serve as an Entrepreneur in Residence for Klub, the top revenue-based financing platform in India, the company said today.

Bengaluru-based Shopflo, a SaaS firm, and Klubworks have teamed to provide revenue-based financing for merchants using the Shopflo platform.