EP 197 : Funding the Most Loved Consumer Startups - Anurakt Jain (Co-Founder & CEO, Klub)

Anurakt is the Co-founder of Klub, a revenue based financing startup that provides skin-in-the-game financing for loved brands. Prior to starting Klub he was an intrapreneur at InMobi and created two global businesses, Glance and TruFactor, as core growth areas for the group. He was also a venture capitalist, investment banker, and current angel investor helping start-ups scale. In this episode he spoke about the nuances of revenue based financing, how to manage a lending business, how to operate during a down turn and more. ------------------------------------- This episode is brought to you by Park Avenue, shop for their wrinkle free shirts here: https://www.myraymond.com/ ------------------------------------- Click here to get regular WhatsApp updates: https://wa.me/message/ZUZQQGKCZTADL1 ------------------------------------- Connect with Anurakt :Linkedin: https://www.linkedin.com/in/anuraktjain/Twitter: https://twitter.com/anuraktjain ------------------------------------- Connect with Us: Linkedin: https://www.linkedin.com/company/startup-operator​Twitter: https://twitter.com/OperatorStartup ​​------------------------------------- Topics:00:00 Sneak Peak01:07 Introduction02:23 Anurakt's perspective as an investor and a founder08:12 How an Operator mindset helps with being a founder12:56 Why did Anurakt pick revenue based financing19:52 Nuances of revenue based financing24:38 Advice for other founders on starting up30:11 Park Avenue Wrinkle free shirts30:35 Reasons for picking consumer v/s enterprise businesses33:57 Building a moat as a lender36:33 Customer acquisition channels38:12 Nuances of managing a lending business 41:15 Dealing with regulations46:29 Executing in a downturn52:15 Books and Podcast recommendations54:35 Park Avenue Power points If you liked this episode, let us know by hitting the like button and share with your friends and family. Please also remember to subscribe to our channel and switch on the notifications to never miss an episode!