Recur Club, an AI-native debt marketplace for startups and SMEs, has raised $50 million in a mix of equity and debt. The round includes $8 million in equity led by InfoEdge Ventures, LC Nueva, Physis Capital, String Ventures, and Finvolve, alongside $42 million in debt allocation from lenders such as Incred, Ugro Capital, Aditya Birla Capital, and Lighthouse Canton.

The funding comes at a time when startups and SMEs are seeking faster, more transparent access to debt amid traditional lending delays.

With the new funds, the platform aims to expand product offerings and scale into Tier-2 and Tier-3 cities, targeting an annual debt run-rate of Rs 10,000 crore by FY27.

Recur Club was founded in 2021 by Eklavya Gupta and Abhinav Sherwal, both alumni of IIM Calcutta. Gupta, with an engineerin

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