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GetVantage
India
Aug 2019 (6 Years)
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What are the differences in regulations for each
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A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know GetVantage
Company Information
Get to know GetVantage
GetVantage is a Fintech that offers entrepreneurs growth solutions that include equity-free funding, real-time insights, and business tools GetVantage is India and Southeast Asia’s leading revenue-based financing fintech platform for eCommerce brands. Founded in 2019 by seasoned fintech entrepreneur Bhavik Vasa and Tech and Ops veteran Amit Srivastava, the GetVantage uses proprietary technology to analyze an assortment of sales, marketing, and accounting data to offer growth capital to founders based on current and projected revenue in a fraction of the time it takes to raise from traditional sources. GetVantage makes data-driven investments between 25k USD to 250k USD to help digital businesses unlock their growth potential. Unlike traditional funding sources, GetVantage doesn’t require business owners to give up equity or control via board seats, or warrants. As a founders-first company, GetVantage has built a strong ecosystem of strategic partners to provide business owners with powerful growth solutions (capital, intelligence, efficiency, and support) to hypercharge growth. GetVantage has quickly become a valued partner in the startup and eCommerce ecosystem helping founders reach new customers and focus on growing revenues without diluting ownership. The company has a number of exciting businesses in its current portfolio and a robust pipeline. As the leading revenue-based financing company in India, GetVantage has been very active in this past year having backed over 60+ digital-first brands across sectors. The company has onboarded over 750+ brands onto its platform and is on track to fund 250+ brands in the next 18 months and will expand into new markets across Southeast Asia starting with Singapore. In keeping with their commitment to being a founders-first company, GetVantage also recently launched a support initiative for the growing entrepreneur community as a way of giving back by paying it forward to the next generation - www.foundersforfounders.org. In October 2020, GetVantage announced it had raised a US$5 million seed round led by Chiratae Ventures (formerly IDG Ventures) along with Dream Incubators (Japan) and other marquees NBFCs and debt funds.
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- Financial Other ServicePRIMARY
- Financial Payment
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