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SaveSage Club raises angel round

EntrackrEntrackr · 8m ago
SaveSage Club raises angel round
Medial

Credit card and loyalty management platform SaveSage Club has raised Rs 2.5 crore in an angel funding round co-led by iSEED, Alluvium Fund, and LetsVenture Fund, along with participation from angel investors including Bhavesh Gupta, Shriram Nene, Ritesh Malik, Ramneek Sehgal, Mayank Gupta, Rahul Mathur, Piyush Nangru, Utkarsh Kumar, Amit Goel, and others. The funds will be used to expand the platform’s AI-driven capabilities, refine user experience, and drive rapid growth, SaveSage Club said in a press release. Launched in April 2024 by Ashish Lath, SaveSage Club provides a seamless, centralized solution to track, manage, and optimize over 500 credit cards and 74 loyalty programs, including popular options like Air India Maharaja, Singapore Airlines KrisFlyer, and Marriott Bonvoy. The platform aims to reshape how users manage their credit cards and loyalty programs. The Gurugram-based company aims to become the go-to platform for users seeking to make smarter financial decisions and maximize their rewards. The company addresses the very low awareness of reward optimization by serving as a bridge between users and their financial potential. Through its intuitive AI-powered platform, it simplifies the process of reward optimization, empowering users to effortlessly track, manage, and maximize benefits across a vast range of credit cards and loyalty programs. According to market research, India’s credit card ecosystem is poised for exponential growth, with over 107 million credit cards in circulation across more than 60 million users. The introduction of credit cards on UPI is expected to double these figures within three years. Within weeks of its beta launch, SaveSage Club claims to have attracted over 5,000 users, ranging from IT professionals to Ultra High Net Worth Individuals (UHNIs), who value the platform’s ability to streamline and optimize their credit card and loyalty program reward points and benefits.

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DaaS platform Swish Club raises $4.5 Mn in pre-Series A

EntrackrEntrackr · 5m ago
DaaS platform Swish Club raises $4.5 Mn in pre-Series A
Medial

Devices-as-a-Service (DaaS) platform Swish Club has secured $4.5 million in a pre-Series A funding round, including $3.3 million in equity and $1.2 million in debt financing. The equity round was led by Powerhouse Ventures, along with participation from Blume Ventures, Founders Fund, Touchstone Ventures, Eternal Capital, and Atrium Ventures. The round also included other investors such as Livspace’s Anuj Srivastava, Ajit Reddy, Deb Dutt, and Tushar Patel. The Bengaluru-based company had previously raised $1.26 million from its existing investors and others. Founded in 2023 by Dushyant Sapre, Suraj Kumar, and Jai Anand, Swish Club is a one-stop solution for enterprise devices, end-point management, and security software. The platform handles the entire lifecycle of a device, from sourcing, configuration, administration, security, and safe returns to upgrades. According to Swish Club, DaaS also allows enterprises and their employees to choose their preferred laptops and smartphones from manufacturers like Apple, Samsung, HP, Dell, and Lenovo and partners with more than 125 enterprises. Swish Club claims to have onboarded over 125 enterprise clients, including Max Life Insurance, Bennett and Coleman, HDFC Life Insurance, PepsiCo, Informatica, Philips, GMR, RPG Group, Landmark Group, and Zensar, as well as startups such as Whatfix, Zetwerk, Meesho, Plum, Allen, Porter, Bold Care, FamPay, Zolvit, Qila Games, and Addverb. "Managing corporate devices is a complex, multi-step process involving procurement, financing, asset management, and eventual recycling. Each step requires different vendors, leading to cost implications, lack of transparency, and multiple back-and-forths. Swish Club is simplifying this with India’s first digital Device-as-a-Service (DaaS) platform, helping businesses remove these depreciating assets from their balance sheets and reduce IT costs from 10% to just 3% of total capex—all with just a few clicks through a dedicated platform," said Dushyant Sapre, CEO & Co-founder of Swish Club. Swish Club states that under its Device-as-a-Service (DaaS) solution, it has introduced India’s first digital platform for laptop rentals for enterprises and smartphone leasing for corporate employees. The enterprise device rental solution comes with four free pre-bundled software solutions: Asset Management Portal (AMP), Mobile Device Management (MDM), antivirus, and device cleaner. In India, Swish Club competes with unorganized players, while at the global level, it faces competition from companies such as Grover and Everphone.

Zulu Club raises $250K in pre-seed round from TDV Partners

EntrackrEntrackr · 23d ago
Zulu Club raises $250K in pre-seed round from TDV Partners
Medial

Zulu Club raises $250K in pre-seed round from TDV Partners Hyperlocal fashion quick-commerce startup Zulu Club has raised $250K in pre-seed funding from early-stage VC firm TDV Partners. Currently live in Gurugram, the startup plans to use the capital to expand across Delhi NCR, strengthen its logistics and personalization engine, and deepen retail partnerships. Zulu Club primarily targets millennial and Gen Z shoppers looking for fast, reliable, and convenient fashion delivery. Launched in 2024, Zulu Club enables users to shop digitally from nearby malls and outlet stores via its app. Shoppers can receive curated Try-at-Home kits with 4–5 items, try them at their convenience, and only pay for what they keep, reducing return rates and increasing basket sizes through personalized cross-sells and upsells. The firm offers a 100-minute delivery and Try-at-Home model designed for urban consumers who want a confident, tactile shopping experience without visiting stores. Zulu Club combines AI-powered product curation, live personal shopping assistance, and its own logistics network to deliver a frictionless experience. The model addresses common fashion e-commerce challenges like poor fit, low trust, and high return rates, while unlocking value for both consumers and local fashion retailers.

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