GetVantage, a fintech platform that provides revenue-based financing (RBF) said it plans to raise $15-20 million, a corpus that will be used to fund more than 200 companies in eCommerce and online businesses.
At present, the company has signed up over 700 firms for funding evaluation and will be looking at having at least 250 brands in its portfolio over the next 18 months. In less than a year, GetVantage has funded over 40 digital-first businesses including Rage Coffee, Magic Crate and AutoBrix.