Since 2013, we have been at the forefront of startup funding with our transparent marketplace for equity funding. Today, we formally launched our offering to include debt financing.
Why this move?
For the last 2 years, since we have seen slowdown in equity markets, we recognized a growing need for integrated fundraising solutions. Many founders are seeking additional forms of capital to fuel their growth without diluting ownership. That's where debt financing comes in. We soft launched in January of this year, and built a team around this offering. What surprised us was the amount of time founders were spending finding the right partner for Debt, and the lack of awareness and understanding on how integrated solutions could be designed to really build better runway and predictabilty into the business.
At LetsVenture, we understand marketplaces, and this was a natural extension to our equity offering. Hence Introducing LV Debt.
LV Debt is a dedicated marketplace to educate and offer tailored debt financing options for emerging businesses. (not just startups, as we know them) Our offerings include:
• Working Capital Loans
• Revenue-Based Financing
• Supply Chain Financing
• Venture Debt
Additionally, we are introducing a 70M NCD via our angel fund, to complement some of the partners.
As a founder, you tell us what your capital needs are, and we will recommend the best offering. The response has been incredible! In just 4 months, we have signed up close to 20 partners, and facilitated approx $3 million in debt financing so far. Now we plan to move this to $2 million a month!
Why does this matter?
1. Integrated Solutions: We're now a one-stop-shop for both equity and debt financing.
2. Founder Education: We're helping founders understand when to opt for debt vs. equity.
3. Tailored Options: Our extensive network ensures founders can choose financing that best suits their unique needs.
At Let's Venture, we build solutions from a first-principle approach for founders, and this a natural extension to our existing offering. We are excited to set a new standard for startup financing in India.
hashtagStartupFinancing hashtagDebtFinancing hashtagIndianStartups hashtagEntrepreneurship Pramod Lamba Sabah Mehkeri Syna Dehnugara Pranav Mahajani
This post was originally shared by Shanti Mohan on Linkedin.