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Eklavya Gupta
Founder, Recur Club | Investor turned Entrepreneur | ex- Ivanhoe Cambridge
Eklavya Gupta is the Founder and CEO of Recur Club, a financial technology platform that specializes in providing non-dilutive growth capital to companies with recurring revenue models. He co-founded Recur Club in March 2021 with the aim of simplifying the capital-raising process for startups and established businesses alike, enabling them to secure funding without giving up equity.12
Background and Career
Eklavya has over a decade of experience in capital markets, structured credit, and private equity. Prior to founding Recur Club, he held significant roles at various prestigious firms:
- Ivanhoé Cambridge: As an Investment Professional, he was instrumental in developing global investment strategies across sectors such as logistics and commercial real estate.
- Aditya Birla Group: Worked as a Leadership Associate, focusing on retail operations, strategy, and business development.
- Kotak Investment Advisors: Served as an Investment Manager, where he managed structured credit and special situations funds.23
Vision for Recur Club
Under Eklavya's leadership, Recur Club has rapidly grown, facilitating over ₹1,000 crore in capital deployment across more than 500 companies in 2023 alone. The platform connects businesses with a network of lenders, including prominent names like Tata Capital and HSBC. It aims to deploy ₹2,000 crore in 2024 and has also launched a $10 million fund to support sustainable startups.234
Eklavya emphasizes the importance of transparency and efficiency in the financing process. Recur Club offers credit ranging from ₹20 lakh to ₹35 crore with competitive internal rates of return (IRR) between 15% and 19%.34
Personal Philosophy
Eklavya is passionate about democratizing financing for recurring revenue companies and believes in the power of simplicity, empathy, and networking to build strong teams. He is also an angel investor interested in startups within the Web3 and NFT spaces.15
Education
He holds an educational background from notable institutions:
- Indian Institute of Management, Calcutta
- Netaji Subhas Institute of Technology.5
Eklavya Gupta's journey reflects a blend of investment expertise and entrepreneurial spirit, driving innovation in the financial landscape for startups.