Festive season bonanza: Recur Club launches Rs 500 Cr fund for D2C brands

Recur Club, a debt platform for startups and SMEs, has announced a Rs 500 crore fund to facilitate growth capital for D2C brands in the current financial year. Based on the current average ticket size of approximately Rs 3 crore, the fund is expected to support 150-170 D2C brands, depending on their individual financing requirements, Recur Club said in a statement. Recur Club noted that D2C brands typically require additional capital for the forthcoming festive season to build inventory and expa