Participated · Debt Financing · Sep 2021

SuperSim offers micro‑personal loans aimed at financial inclusion for Brazil’s sub‑banked (classes C and D), using technology and an efficient risk system that can approve borrowers with negative credit records. Loans currently range from R$250 to R$2,500, with rates positioned competitively versus major credit cards and declining for borrowers who prove repayment capacity. The company uses the borrower’s mobile phone as a form of guarantee for many approvals and reached a record of more than 5,000 loans granted in a single day. Management says SuperSim achieved profitability two years after founding and now employs over 150 people. The firm targets roughly 10% of Brazil’s non‑prime consumer credit market (about 1% of the total personal‑loan market) and plans to scale further. SuperSim offers online microloans, including loans secured by customers' smartphones and unsecured loans ranging from R$250 to R$2,500. The company serves hundreds of thousands of monthly loan requests that convert into thousands of loans, and it targets financially underserved customers. SuperSim has formed strategic partnerships (including AME Digital) and runs pilots with other national-scale companies to expand distribution. Management projects very rapid growth—forecasting a 1,200% increase in 2021 versus 2020—which the company says validates its product-market fit. The business uses data and technology to underwrite higher-risk borrowers and aims to increase financial inclusion through microcredit. SuperSim began operations in 2019. SuperSim offers 100% online microcredit loans in Brazil, with ticket sizes ranging from R$500 to R$2,500 and a focus on financially excluded or negatively scored customers. The company uses a proprietary AI system that crosses more than 1,000 internal and external data points to assess fraud, payment capacity and willingness to pay. This year it launched a product that uses the customer’s mobile phone as collateral to help control default risk and expand acceptance rates. SuperSim says each loan builds a customer history that can lower risk over time and enable better rates and longer terms, while maintaining concern for overindebtedness. The fintech reports rapid growth in demand—loan volume in June quadrupled versus April—and attributes acceleration to pandemic-driven need for microcredit. SuperSim began operations in September 2019 and positions itself on a mission of practical financial inclusion for Brazilians underserved by traditional finance.

Participated · Debt Financing · May 2019

Founded in 2014, Bounce began as Wicked Ride, a premium motorcycle rental platform, before pivoting to dockless scooter sharing and ultimately evolving into a full-stack electric mobility firm. The company now manufactures its own Infinity electric scooters and provides them to gig workers via short- and long-term rental plans, complemented by a nationwide battery-swapping network. At its peak, Bounce operated more than 30,000 scooters across India. Additional services include the “Bounce Daily” rental plan tailored for delivery personnel. In 2021, Bounce deepened its manufacturing capabilities by acquiring EV startup 22Motors in a deal valued at about USD 5 million. For the fiscal year ended March 2025, Bounce reported revenue of INR 64.2 crore, down from INR 88.7 crore in FY24, while its net loss narrowed to INR 28.6 crore from INR 79.4 crore. Prior to the current round, the company had raised roughly USD 227 million from investors such as Accel, Peak XV Partners, B Capital, Chiratae Ventures, Falcon Edge, Qualcomm Ventures, Omidyar Network and Maverick Capital.

Led · Debt Financing · Apr 2019

Milkbasket is a hyperlocal delivery service startup in India. The company closed a fresh round of investment of $5.5 million led by Inflection Point Ventures. The report names Inflection Point Ventures as the lead investor and does not list other participants. Management says the company plans to turn profitable in 2020. The article did not disclose the instrument used in the round, past funding rounds, or the founding year. Milkbasket operates a morning micro-delivery service focused on milk plus a selection of groceries and daily essentials, delivered to customers’ doorsteps by its own fleet. The company says it has a 400,000-plus customer base and has delivered over 10 million orders in the last four years. According to the company and RoC filings, it was growing at 7X and closed FY18 with Rs 35 crore in revenue. Milkbasket claims an average of 20 orders per customer per month and that 70% of revenue comes from non-milk items, indicating strong stickiness and cross-sell. The startup has expanded into Bengaluru, Hyderabad, Noida and parts of Delhi. It faces intensified competition from well-capitalised players such as BBdaily, Dailninja and Suprdaily. Launched in early 2015, Milkbasket began by delivering fresh milk every morning and has expanded into daily delivery of fresh produce and staples. The company operates in Gurugram, Noida, Ghaziabad and Bengaluru and says it achieved positive unit economics within the first six months of launch. Founders include Anant Goel, Ashish Goel, Anurag Jain and Yatish Talvadia. Milkbasket recently acquired Noida-based Veggie India to deepen its Delhi NCR footprint. Management says it is working on innovations across fresh produce, automating the daily delivery supply chain, and reducing go-to-market time for multi-city expansion. The company has a stated vision to become the default mom-and-pop shop for over a million households by 2021. Milkbasket is an Indian grocery delivery platform that offers last-mile grocery deliveries. The company operates a grocery delivery platform in India. It has secured $7 million in a Series A funding round. The Series A was led by venture capital firm Kalaari Capital. The funding round was completed less than six months after the company’s previous fundraising. The articles do not disclose additional operating metrics, valuation, or detailed use of proceeds. Milkbasket is a grocery delivery platform. The company secured $3 million in a Pre-Series A round led by Unilever Ventures Ltd, the investment arm of Unilever Plc. The article provides no details on the company's product features, geographic focus, user base, revenue, or other operating metrics. It does not state how the company plans to use the proceeds or describe any strategic partnership beyond the lead investor. No previous funding rounds, founding year, or location are mentioned in the article.