Wed Feb 15 2023
2 min read
FEBRUARY 10th, BANGALORE - India’s leading Revenue Based Financing platform, Klub, announced today that it has on boarded serial entrepreneur, Mr. Ditched The Pitch, as its brand ambassador. Klub understands how tiring it is for founders to make investment pitch decks day after day to raise funding. By onboarding serial entrepreneur Mr. Ditched The Pitch who has years of experience in pitching and then ditching it to raise funding through alternate formats, the company wants to bring his expertise in raising awareness across the startup community in India.
Anurakt Jain, co-founder and CEO at Klub said, “We're thrilled to welcome Mr Ditched The Pitch as our brand ambassador. With a deep connection with our audience, we're confident his strategies for running a successful business in India will benefit the founder community.”
Before being onboarded as a brand ambassador, Mr. Ditched The Pitch started his career as an intern at yet another startup where he made coffee and took printouts. He then went ahead and started his first startup in 2016 where he broke the ‘local book of startup records’ for the most number of pitch decks ever made. Though the laurel brought him a lot of recognition, he decided to adapt to other ways of raising capital for a startup and started a new company in 2020 where he decided to #DitchThePitch. The time he saved in making pitch decks helped him grow his company with a hockey stick growth and the smooth inflow of capital via Revenue Based Financing helped him sustain the growth as well.
Speaking about Klub, Mr Ditched The Pitch expressed his excitement and said, “My experience in building startups showed me that too much time is spent on pitch decks and not enough on growth planning. By embracing alternative funding options like Revenue Based Financing, I saw my company's growth soar. As Klub's brand ambassador, I'm eager to share my insights and help startups in India reach new heights.”
In this campaign, Mr Ditched The Pitch will feature in a series of 3 advertisements and share why he ditched the traditional format of fundraising and how Revenue Based Financing helped his company grow manifolds. The first advertisement of the series was released earlier today:
You can speak directly with Mr. Ditched The Pitch here.
Klub, India's leading Revenue Based Financing platform, provides flexible funding up to Rs. 30 crores to digital businesses and SMEs with recurring revenue. The company partners with leading NBFCs, HNIs, financial institutions, and its own SEBI registered fund to provide growth capital. Klub offers different capital structures for businesses across all stages (early, growth & late) for recurring marketing, inventory, and capex expenses. The company has deployed more than 850 investment rounds enabling growth for 400+ brands across India. Klub raised $20 million in seed funding from Sequoia Capital India's growth program Surge, US-based Alter Global, Japan-based GMO VenturePartners, and 9Unicorns in 2021. For more information, visit www.klubworks.com