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MeitY Startup Hub, Recur Club Join Hands To Back Tech Startups

This collaboration aims to equip startups and small businesses in IT/ITes and Electronics working to address real-world problems using technology and innovation by facilitating instant non-dilutive growth capital

MeitY Startup Hub (MSH) has partnered with Recur Club Technologies Private Limited, a leading fintech platform, to build a vibrant start-up ecosystem in India. This collaboration aims to equip startups and small businesses in IT/ITes and Electronics working to address real-world problems using technology and innovation by facilitating instant non-dilutive growth capital.

The MeitY Startup Hub (MSH) is established under the aegis of the Ministry of Electronics and Information Technology (MeitY) mandated to boost the tech startup ecosystem in India. Recur Club and MSH will create an awareness program for capacity building and upskilling start-ups and small businesses by leveraging their vast network of subject matter and domain experts. They will also foster and nurture start-ups around growth strategy, efficient capital management, tracking business metrics, and alternative financing solutions. The joint efforts of both entities will help Indian start-ups to innovate further in their endeavours and add unmatched value to the entire startup ecosystem of the country.

Jitendra Vijay, CEO(MSH) welcoming the partnership remarked, “Recur Club is a new age funding platform facilitating non-dilutive capital financing for start-ups. MSH is excited to partner with Recur Club to enhance the vistas of the investment ecosystem for technology start-ups and contribute to their growth trajectory. This partnership will enable start-ups to access new funding sources to build scalable and sustainable enterprises.”

 

Eklavya Gupta, Founder and Co-CEO, Recur Club said, “This partnership will give India’s tech start-ups access to growth opportunities like never before. Not only will they learn to leverage the power of non-dilutive financing solutions, but they will also get to build and strengthen their network with domain-leading investors. We are delighted to join with MSH in this progressive mission and look forward to making India a leader in this rapidly flourishing space.”


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