Velocity, a revenue-based financing platform in India, raises $20 million led by Peter Thiel’s Valar Ventures – TechCrunch
Peter Thiel’s Valar Ventures has doubled down its bet on Velocity, which operates a revenue-based financing platform for e-commerce and direct-to-consumer businesses in India, just months after it first backed the Bangalore-based startup. The one-and-half-year-old Velocity said on Wednesday it has raised $20 million in its Series A financing round. Valar Ventures, which led Velocity’s…
