Recur Club Announces a $50M Raise to Scale India’s First AI-Native Debt Marketplace for Startups and SMEs

Recur Club, India’s AI-native debt marketplace founded by Abhinav Sherwal and Eklavya Gupta, raised $50M led by InfoEdge Ventures with debt from Incred, Ugro Capital, and Lighthouse Canton. Its AICA platform cuts loan processing time by 80%, enabling unsecured loans in 48 hours. With ₹3,000 crore sanctions, it targets ₹10,000 crore debt run-rate by FY’27, supporting firms like MoveInSync and Zypp.