Biography of Eklavya Gupta: Founder and CEO of Recur Club- Entrepreneur
Biography of Eklavya Gupta:
From Investment Professional to Entrepreneur
Eklavya Gupta's journey from being an investment
professional to an entrepreneur is a story of transformation and innovation.
With over a decade of experience in the financial world, Eklavya decided to
take a bold step and shift gears towards entrepreneurship. His story began with
a solid foundation in engineering and business, leading him to become a
co-founder of Recur Club, a platform dedicated to transforming the way companies
access growth capital.
Educational Foundations and Early Career
Eklavya’s educational path started at Netaji Subhas
Institute of Technology, where he earned a degree in Instrumentation and
Control Engineering. His quest for deeper financial knowledge took him to the
Indian Institute of Management, Calcutta, where he completed his MBA with a
focus on Finance. During his MBA years, Eklavya was actively involved in
finance and consulting clubs and worked on projects that aimed to find funding
sources for NGOs, showcasing his early interest in financial solutions.
Diving into Capital Markets
Upon completing his MBA, Eklavya began his professional
journey at Nomura as a Capital Markets Analyst. Here, he gained valuable
experience in pricing and valuing fixed income products and credit derivatives.
His role involved assisting traders with bond valuations and credit-linked
trades, laying a strong groundwork for his future in financial analysis and
investment.
Broadening Horizons at Bank of America Merrill Lynch
Eklavya’s next career move took him to Bank of America
Merrill Lynch, where he worked as a Summer Analyst in the Sales & Trading
division. He delved into fixed income markets, focusing on FX spot and options,
Indian government securities, and corporate bonds. This role provided him with
a broader perspective on global financial markets and trading strategies.
Biography of Eklavya Gupta: Founder and CEO of Recur Club- Entrepreneur /Age/Net worth/wife/non-dilutive growth capital/Recur Club story/Eklavya Gupta
Strategic Growth at Kotak Investment Advisors
At Kotak Investment Advisors Ltd, Eklavya served as an
Investment Manager. His role involved setting up and being part of a small team
managing a structured credit and special situations fund. His work here
highlighted his ability to handle complex investment strategies and structured
credit products, further enhancing his expertise in the field.
Leadership Experience at Aditya Birla Group
Eklavya’s journey continued with a leadership role at Aditya
Birla Group. As a Leadership Associate, he was involved in diverse areas,
including retail operations, strategy and business development, and mergers and
acquisitions. This experience allowed him to understand the intricacies of
business management and strategic growth.
Building Expertise at Ivanhoé Cambridge
Before embarking on his entrepreneurial journey, Eklavya
worked at Ivanhoé Cambridge as an Investment Professional. He was an early
member of the India team and contributed to global investment strategies across
various sectors, including logistics, commercial real estate, life sciences,
and data centers. This role involved significant cross-border collaboration and
investment decision-making.
Founding Recur Club
In March 2021, Eklavya co-founded Recur Club, a tech-based
underwriting platform designed to provide non-dilutive growth capital to
companies. His goal was to address the common challenge faced by founders:
raising capital without giving up equity. Recur Club was created to offer a
seamless and efficient solution for businesses with recurring revenue to secure
funding quickly.
Scaling Up and Expanding Reach
Under Eklavya’s leadership, Recur Club has grown rapidly.
The platform focuses on simplifying the capital-raising process for startups
and established companies alike. By connecting businesses with a network of
prominent lenders, including Tata Capital and HSBC, Recur Club has facilitated
significant capital deployment, contributing to the growth of over 500
companies in 2023 alone.
Embracing the Future with Recur Club
Recur Club’s vision extends beyond immediate success. The
company plans to deploy ₹2,000 crore in 2024, aiming to expand its impact on
the startup ecosystem. With a focus on SaaS, tech, commerce, and logistics
sectors, Recur Club is poised to continue its mission of providing flexible and
fair financing solutions.
Commitment to Transparency and Efficiency
Eklavya and his team at Recur Club emphasize transparency,
speed, and reliability in their operations. By offering credit ranging from ₹20
lakh to ₹35 crore with competitive internal rates of return, Recur Club has
positioned itself as a trusted partner for businesses seeking growth capital.
The platform charges a small percentage from both borrowers and lenders,
ensuring a fair and efficient process.
Focus on Sustainable Investments
Recur Club also launched a $10 million fund aimed at
supporting startups that focus on sustainability and environmental impact. This
initiative reflects Eklavya’s commitment to backing ventures that contribute to
a greener future, further aligning the company’s goals with broader global
objectives.
Looking Ahead
As Recur Club continues to grow, Eklavya remains focused on
scaling the platform and onboarding more startups. The company’s strategic
approach and innovative solutions are designed to address the evolving needs of
the startup ecosystem, making capital more accessible and less burdensome for
founders.
Through his journey, Eklavya Gupta has demonstrated a
remarkable ability to navigate and innovate within the financial and
entrepreneurial landscapes, turning challenges into opportunities and making a
significant impact on the future of business financing.
Timeline of Eklavya Gupta's Journey
2006 - Graduates from Netaji Subhas Institute of Technology
with a degree in Instrumentation and Control Engineering.
2008 - Completes MBA in Finance from Indian Institute of
Management, Calcutta.
2009 - Joins Nomura as a Capital Markets Analyst.
2010 - Works as a Summer Analyst at Bank of America Merrill
Lynch in Sales & Trading.
2011 - Becomes an Investment Manager at Kotak Investment
Advisors Ltd.
2013 - Takes a leadership role at Aditya Birla Group as a
Leadership Associate.
2015 - Joins Ivanhoé Cambridge as an Investment
Professional.
March 2021 - Co-founds Recur Club, a platform for
non-dilutive growth capital.
2023 - Recur Club facilitates capital deployment for over
500 companies.
2024 - Plans to deploy ₹2,000 crore and launches a $10
million fund for sustainable startups.
