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3 Latest Announced Rounds

$1,325.73M Raised in 74 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Velocity ( India)

start up
India - Bengaluru
  • 17/11/2021
  • Series A
  • $20,000,000

Velocity provides revenue based financing, up to Rs 3 crores, for marketing and inventory spends of online businesses. Our vision is to be the easiest and fastest way for new age businesses to raise growth capital. Being founders ourselves, we strongly felt the need of a fast, flexible and non-dilutive mode of financing. Unhappy with the existing options, we decided to build it ourselves!


Related People

Abhiroop MedhekarCo Founder

Abhiroop Medhekar India - Bengaluru, Karnataka

Building the future of business financing at Velocity. If want to join us in our mission to empower the businesses of tomorrow, apply here: https://velocity.freshteam.com/jobs

I worked as a management consultant at McKinsey for 5 years with experience across Financial Services and Technology in India and SE Asia. Post McKinsey, I co-founded Taskbob (a consumer internet startup) and scaled it to market leadership in Mumbai. Led multiple business functions across Product, Operations, Marketing and fund raising from time to time. Most recently, I worked with SAIF Partners (a top venture capital fund in India), leading investments in Fintech and Financial Services sectors for the fund.

Majored in Computer Science and Engineering from IIT Bombay (2008), interned with Google and got an offer to join Google full time. Instead, went ahead for my MBA from IIM Ahmedabad (2010).