Fintech startup Klub nabs $2 million from heavyweight investment firms
Brought into being by Anurakt Jain and Ishita Verma in August 2019, Klub utilizes
The company is on the process of building its platform for the Indian market, while gunning for a pan-Asia presence, according to a statement. Referring to which Jain said, “It is currently in stealth mode and is doing limited pilots with select brands, including some international firms entering India.”
Approximately 40 marquee angel investors took part in the pre-seed round, including InMobi co-founders Naveen Tewari and Piyush Shah, Livspace co-founder Ramakant Sharma, Flipkart exec Nishant Verman, and Shradha Sharma of Yourstory, among others.
Hence Klub was part of Surge’s second cohort, which took shape in September 2019. It joins 19 other firms in the program, which promises mentorship from founders and business leaders as well as connections to other startups.