1. Candidates with minimum 1 years of experience.
2. Those who are from or open to relocate to Bangalore
Annual CTC: ₹ 2,00,000 - 4,00,000 /year
Velocity, through its lender partners, facilitates revenue-based financing to companies against fixed fees of 5-8%. Unlike traditional options (VC and banks) the capital is offered without any equity, collaterals, or personal guarantees. The repayments are made as a percentage of future revenues. The company can access anywhere between INR 10 lakhs to INR 2 crore depending upon the requirements and performance of the company.
For example, let's say company A raises Rs 40 Lakhs through Velocity at a 6% fixed fee and 10% revenue share. In this case, Velocity shall facilitate payment of Rs. 40 Lakhs for the company. The company would keep sharing 10% of its future revenue with Velocity until it pays back a total of Rs 42.4 lakhs.