Tech Company Financing Transactions

Velocity India Funding Round

On 11/18/2021, Velocity India raised $20 million in Series A financing from Valar Ventures, private investors and iSeed Ventures.

Transaction Overview

Company Name
Announced On
11/18/2021
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors

Valar Ventures (Lead Investor) (Andrew McCormack)

private investors (Maninder Gulati)

private investors (Philippe da Mota)

private investors (Zac Prince)

iSeed Ventures

Presight Capital

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
2nd floor Incubex HSR Layout (HSR9) 19th Main 11th Cross HSR 1507
Bangalore, 560 102
India
Phone
Undisclosed
Email Address
Overview
Velocity is building the future of banking and financial services for new age businesses in India, starting with eCommerce brands. Businesses have evolved but their financing providers haven't. Incumbents fall short on the speed, efficiency and flexibility expected by today's entrepreneurs. We want to change that.
Profile
Velocity India LinkedIn Company Profile
Social Media
Velocity India Company Twitter Account
Company News
Velocity India News
Facebook
Velocity India on Facebook
YouTube
Velocity India on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Abhiroop Medhekar
  Abhiroop Medhekar LinkedIn Profile  Abhiroop Medhekar Twitter Account  Abhiroop Medhekar News  Abhiroop Medhekar on Facebook
Co-Founder
Atul Khichariya
  Atul Khichariya LinkedIn Profile  Atul Khichariya Twitter Account  Atul Khichariya News  Atul Khichariya on Facebook
Co-Founder
Saurav Swaroop
  Saurav Swaroop LinkedIn Profile  Saurav Swaroop Twitter Account  Saurav Swaroop News  Saurav Swaroop on Facebook


 

 

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Where The Data Comes From

We do our best to report on tech company VC transactions. VC investment data records reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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