DASH Raises $1 Million By Trading Its Recurring Revenue On Recur Club The platform is currently helping more than 200 brands to penetrate the tier III market further

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.


DASH, a tech-led go-to-market channel for brands in tier III markets, has raised a line of $1 million in non-dilutive capital through Recur Club, a financing platform that helps convert the recurring revenue streams of businesses into instant and upfront capital.

"We have a unique operating model where we leverage technology and the entrepreneurial spirit of locals to overcome deep-rooted challenges of sales and supply for brands. We are growing at a growth rate of 32 per cent CMGR, and looking to touch 100 crore in ARR by the end of September 2022. Our model ensures fast rotation of inventory and our working capital need is just one week. But this needs to be addressed with scale, and we are glad to have partnered with Recur Club for the same," said Ajay Nain, founder, DASH.

DASH is a technology platform that makes the tier III market more accessible for brands in the FMCG and food commodities segment, via its network of digitally connected demand aggregators and fulfilment Partners. It is currently helping more than 200 brands to penetrate the tier III market further. DASH has on-boarded over 2000 partners in five locations and delivers to their door-step within 24 hours of an order, claimed by the company in a statement.

"As founders ourselves, we deeply understand the amount of time, effort, and paperwork it takes to raise capital through equity or debt. At Recur Club, we obsess about helping founders such as Ajay Nain by opening up an altogether new way to finance their growth without dilution. Our revolutionary AI/ML-backed underwriting engine connects with the company's data-on-the go and unlocks their trading limits within 48 hours," said Amar A Ummat, founding partner, Recur Club.

DASH is a tech-led go-to-market channel that helps brands in the FMCG and food commodities segment via its network of digitally connected Demand Aggregators and Fulfilment Partners.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.

Related Topics

Science & Technology

5 Mistakes I Learned to Avoid When Working With ChatGPT

What I learned from using ChatGPT for business purposes day-to-day across my content websites.

Business Plans

12 Reasons You Need a Business Plan

In the new book "Write Your Own Business Plan," business expert Eric Butow breaks down how a solid business plan can save your startup during those tough early days.

Business News

Uber Eats to Roll Out New Payment Options in 2024, Aiming to Enhance Access to Fresh Groceries for Vulnerable Populations

Starting in 2024, Uber Eats will allow individuals with EBT cards to use their Supplemental Nutrition Assistance Program (SNAP) benefits to pay for grocery delivery orders.

Business News

Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire

Judge Pauline Newman, a highly respected figure in patent law, has been suspended for one year by her colleagues due to mounting concerns about her mental fitness.


5 Internal People Every CEO Needs

No leader should ever find themselves alone in their struggles and decisions. Leadership is about having a team of people to provide help and support through the difficult moments of the hour.

Business Plans

Is the 9-5 Lifestyle Over? How the Gig Economy Will Impact the Future of Work

As the gig economy grows, it is crucial for stakeholders, including governments, businesses and workers, to collaborate in crafting balanced regulations that safeguard the rights and well-being of gig workers while fostering innovation and adaptability.