Recur Club, AI-native debt marketplace, has raised $50 million in a mix of equity and debt to scale its AI-powered debt financing platform for start-ups and SMEs.

The raise includes $8 million in equity funding led by InfoEdge Ventures, LC Nueva, Physis Capital, String Ventures and Finvolveia, alongside $42 million in debt allocation to the platform from leading financial institutions, including Incred, Ugro Capital, Aditya Birla Capital, and Lighthouse Canton.

The new funds will be deployed to accelerate the growth of Recur’s AI-native debt marketplace launching new debt products and expanding into Tier-2 and Tier-3 cities and investing further into technology infrastructure.

The company in a statement noted that it has scaled 120 per cent y-o-y and, with these new funds, is on track t

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