Velocity funding, investors and company details

Velocity is an emerging Banking and Finance - FinTech startup from Bengaluru, working in the space of Fintech platform that gives growth capital to online-first businesses like D2C brands. Founded by Abhiroop Medhekar, Atul Khichariya, Saurav Swaroop.

Company: White Wizard Technologies Private Limited
Sector: Banking and Finance - FinTech
Location: Bengaluru
Founders: Abhiroop Medhekar, Atul Khichariya, Saurav Swaroop
Total funding raised: ₹200 Cr

Company overview

Velocity is a fintech platform that gives growth capital to online-first businesses like D2C brands, e-commerce sellers, and SaaS startups using revenue-based financing and other flexible loan products. Instead of fixed EMIs, brands repay as a small percentage of monthly revenues, and Velocity also offers tools like Shipfast to help them manage faster deliveries, analytics, and operations from one ecosystem.

Funding rounds

Latest round: ₹200.00 Cr. ($ 23.38 Mn), 2024-12-19